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Trump postpones tariff hike on Chinese goods to Oct. 15
12 September 2019 10:22 AM
12 September 2019 10:22 AM
Direct US President Donald Trump decided to postpone the application of an increase in tariffs on Chinese imports for two weeks fees.
Trump said in a tweet on the social networking site "Twitter" on Thursday that at the request of the Chinese vice premier, and based on the fact that Beijing will celebrate the 70th anniversary of the founding of the People's Republic of China on October 1, and desirous of showing a goodwill gesture, Postpone tariff increases.
The US president added that the decision aims to postpone an increase in tariffs from 25 percent to 30 percent on Chinese goods worth 250 billion to October 15 instead of October 1.
China decided yesterday to exclude 16 US products from the list of additional tariffs, starting September 17 for a year.
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