US President Donald Trump announced that his administration was postponing a planned 5 percent tariff hike on $250 billion worth of Chinese goods by two weeks as a gesture of goodwill toward Beijing on the 70th anniversary of the founding of the People’s Republic.
Trump took to Twitter on Wednesday to announce that the hike from 25 to 30 percent in duties on certain Chinese imports would take effect on October 15 instead of October 1, as had been previously scheduled, Efe news reported.
Read More: https://www.bhaskarlive.in/trump-delays-5-tariff-hike-on-chinese-imports-lead/
Read More: https://www.bhaskarlive.in/trump-delays-5-tariff-hike-on-chinese-imports-lead/
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