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Thread: Donald Trump delays tariff increase on request from China

  1. #1

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    Post Donald Trump delays tariff increase on request from China

    Donald Trump delays tariff increase on request from China

    US president Donald Trump has postponed the introduction of higher tariffs on Chinese goods until October 15, in a rare “goodwill” gesture as the two economic powers gear up for another round of high-stakes trade negotiations. Mr Trump on Wednesday evening tweeted that an increase in tariffs on $250bn worth of Chinese goods scheduled for October 1 would be pushed back for two weeks as the original date coincided with the 70th anniversary of the founding of the People’s Republic of China. In what he said was a response to a request from Liu He, the top Chinese trade official, Mr Trump “agreed as gesture of goodwill” to temporarily postpone a planned increase in tariffs — a rise from 25 to 30 per cent — for two weeks.

    https://finance.yahoo.com/m/24bffc4d...html?.tsrc=rss


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  3. #2

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    Default Re: Donald Trump delays tariff increase on request from China

    (Tom- insert your two trade dispute graphics here)


    Sent from my iPhone using TSP Talk Forums

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  5. #3

    Default Re: Donald Trump delays tariff increase on request from China

    Two trade dispute? IFT limits? Graphics?

    Is this what you mean?

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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