Trump postpones tariffs on Chinese goods
- 1 week ago
The current trade skirmish between China and the US may be easing, as President Trump announced he will delay further tariffs on Chinese goods until mid-October.
Trump called it a “goodwill gesture” as China exempted 16 US products from tariffs and prior to a fresh round of talks in Washington later this month.
The postponing of the tariffs by Trump may also that the October 1 date falls on the 70th anniversary of the founding of the People’s Republic of China.
Source: Smart Trend Team