US delays tariff hike on China goods in ‘goodwill’ gesture
High-level talks will be held next month, aimed at resolving the protracted trade war between the US and China. – EPA pic, September 12, 2019.
US President Donald Trump yesterday announced that he has agreed to delay an increase in tariffs on US$250 billion worth of Chinese goods by two weeks, saying the decision was requested by Beijing. “We have agreed, as a gesture of goodwill, to move the increased tariffs on US$250 billion worth of goods from October 1 to October 15,” he tweeted.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China to exempt 16 categories of US products from tariffsThe 16 category product list marks the first time Beijing announces products to be excluded from tariffs. FMTNews
Read more »
China to exempt certain US products from tariffs | The Malaysian InsightAnnouncement comes ahead of fresh round of trade talks between world's 2 biggest economies next month.
Read more »
White House adviser plays down expectations for US-China talksThe tariffs are the US’ best defence against China’s economic aggression, says Peter Navarro. FMTNews
Read more »
US agrees to delay tariff hike on some Chinese goodsThe postponement comes at the request of the Vice Premier of China, Liu He, and due to China celebrating their 70th anniversary soon. FMTNews
Read more »
UK to decide on Huawei soon but China must adhere to rulesBen Wallace says the UK expects a code of behaviour by Huawei or any country planning to enter Britain's market. FMTNews
Read more »