Monday, 25 February 2019

Trump extends deadline for Chinese tariffs set to begin on March 1, citing progress on trade talks

Trump extends deadline for Chinese tariffs set to begin on March 1, citing progress on trade talks

The United States is planning to delay a menu of additional Chinese tariffs that were scheduled to begin on March 1, President Donald Trump announced on Sunday, as the world's two largest economies hash out a definitive end to a wide ranging trade dispute. In a series of posts on Twitter, Trump cited "substantial progress" in bilateral talks between the U.S. and China. As a result, the president said he would suspend the new levies that would have taken place as early as Friday, but did not articulate a new deadline.
Read more: https://www.cnbc.com/2019/02/24/trump-us-will-delay-china-tariffs-scheduled-to-start-on-march-1.html?source=Snapzu

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