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Trump delays next round of tariffs on China

Trump delays next round of tariffs on China

President Trump is holding back on the next round of planned

tariffs on Chinese goods.  Trump tweeted

Wednesday evening the 5% increase to tariffs scheduled for October 1st

will be postponed two weeks. 

Trump says he agreed to the delay as a gesture of goodwill at the request of Chinese Vice Premier Liu He, and because the People’s Republic of China will be celebrating its 70th anniversary.

The new date for implementing additional tariffs is October

15th if the two countries don’t reach a trade deal.  Trade talks are planned for early October,

but neither country has announced when the Chinese delegation is coming to

Washington D.C.

Continue reading Trump delays next round of tariffs on China at Brownfield Ag News.