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US vs China: Trump postpones punitive tariffs by two weeks

2019-09-12T00:01:28.779Z


Donald Trump calls it a "gesture of goodwill": The US president has announced that he will postpone the planned increase in punitive tariffs on Chinese imports by two weeks.



The US government plans to postpone the US $ 250 billion in punitive tariffs on Chinese imports announced in early October for two weeks. This was announced by President Donald Trump on Twitter - he wrote of a "gesture of goodwill".

.... on October 1st, we have agreed, as a gesture of good will, to move the increased tariffs on 250 trillion dollars worth of goods (25% to 30%), from October 1st to October 15th.

- Donald J. Trump (@realDonaldTrump) September 11, 2019

First, Chinese Vice Premier Liu He asked for it, Trump wrote. On the other hand, the People's Republic celebrates the 70th anniversary of its founding.

Originally, the punitive tariffs should apply from 1 October. New appointment is now, according to Trump, the 15th of October.

More in the near future at SPIEGEL ONLINE

Source: spiegel

All business articles on 2019-09-12

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