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We have agreed to move the increased tariffs from Oct 1st to Oct 15th
Added at 6:19pm
Added at 6:32pm
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Trump delays tariff hikes by two weeks in ‘good will’ gesture to China
President Donald Trump on Tuesday tweeted that he will be delaying $250 billion in tariffs on China to October 15 from Oct 1 as a “gesture of good will” to China. 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.... 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. U.S. stock futures jumped more than 0.5% ... (full story)
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