U.S. To Postpone Its Tariffs on China for Two Weeks

Sept. 12, 2019 (EIRNS)—U.S. President Donald Trump tweeted yesterday that at the request of China, he has agreed to delay for two weeks the further increase in tariffs on Chinese goods worth $250 billion, scheduled for October. “At the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th,” the U.S. President wrote.

The Chinese Commerce Ministry spokesman welcomed the news as a goodwill gesture preceding negotiations, and hinted that China might resume agricultural imports from the U.S., which it had halted.