Trump Delays Tariffs On $250 Billion In Chinese Goods Citing China’s Anniversary Celebrations
China Markets trade

Trump Delays Tariffs On $250 Billion In Chinese Goods Citing China’s Anniversary Celebrations

The latest plot twist in the Sino-US trade soap opera came on Wednesday evening when Donald Trump announced he'll delay the planned tariff hike on $250 billion in Chinese goods for two weeks. "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 on October 1st, we have agreed to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th", Trump

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4 thoughts on “Trump Delays Tariffs On $250 Billion In Chinese Goods Citing China’s Anniversary Celebrations”

  1. Trump is now in full campaign mode. An avalanche of retweets yesterday, a more conciliatory stance towards Iran and China (shows he’s a statesman and reassures the market), although his attempt to personally take over the Taliban peace negotiations as they were concluding was a disaster.

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