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Tuesday 20th March 2018

Breaking: US Agrees to Delay Hiking Tariffs on some Chinese Goods

Business

7Dnews London

Wed, 11 Sep 2019 23:59 GMT

US President Donald Trump said on Wednesday Sep 11th the United States has agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct 1st to Oct 15th "as a gesture of good will."

Trump said the postponement came "at the request of the Vice Premier of China, Liu He, and due to the fact that the People's Republic of China will be celebrating their 70th Anniversary." 

The tariffs were set to increase to 30% from 25% on the goods.

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