U.S. to delay China tariffs on some products, including laptops, cell phones

Homepage | Forums | Main Forums | Latest Breaking News | U.S. to delay China tariffs on some products, including laptops, cell phones

  • Author
    Posts
  • #110217

    Ohio Barbarian
    Moderator
    • Total Posts: 7,800
    @ohiobarbarian

    WASHINGTON (Reuters) – The Trump administration on Tuesday delayed imposing a 10% import tariff on laptops, cell phones, video game consoles and some other products made in China that had been scheduled to start next month, in an abrupt pull-back from a hardline stance on Chinese trade.

    The U.S. Trade Representative’s Office action was published just minutes after China’s Ministry of Commerce said Vice Premier Liu He conducted a phone call with U.S. trade officials.

    The delay provides some relief to retailers. Although most retailers would have had their holiday merchandise in stores even before the earlier September deadline, some might have faced the tariffs for fill-in orders late in the holiday shopping season.

    The decision came less than two weeks after President Donald Trump said on Aug. 1 he would impose a 10% tariff on $300 billion of Chinese goods, blaming China for not following through on promises to buy more American agricultural products.

    Full story here. 

    We know now that Government by organized money is just as dangerous as Government by organized mob.--Franklin Delano Roosevelt

    With Bernie Sanders, we have the receipts. --Nina Turner

  • #110313

    Hobbit709
    Donor
    • Total Posts: 988
    @hobbit709

    More convincing evidence of the rampant stupidity of this clown.

    I don't waste my time teaching pigs to sing.

  • #110510

    RealityRedux
    Member
    • Total Posts: 504
    @realityredux

    Said clown and his lawyers are masters of deception, misdirection and man made calamity. His ‘ongoing’ insane trade war tanks the market only for him to send out a signal to wall street that he’ll postpone his next tariff tax hike much to the joy of his greedy buddies. Fixers need not apply. Clustermuck is well underway by design.

    Formally RealityCheck

  • #110516

    elias39
    Member
    • Total Posts: 2,900
    @elias39

    Well just think of Christmas without China!!

    • #110518

      Ohio Barbarian
      Moderator
      • Total Posts: 7,800
      @ohiobarbarian

      The Waltons must be breathing a big sigh of relief!

      We know now that Government by organized money is just as dangerous as Government by organized mob.--Franklin Delano Roosevelt

      With Bernie Sanders, we have the receipts. --Nina Turner

You must be logged in to reply to this topic.