US President Donald Trump confirmed he will delay a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods at the request of Vice-Premier Liu He. Photo: Reuters US President Donald Trump confirmed he will delay a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods at the request of Vice-Premier Liu He. Photo: Reuters
US President Donald Trump confirmed he will delay a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods at the request of Vice-Premier Liu He. Photo: Reuters
Economy /  China Economy

China welcomes Donald Trump’s ‘goodwill’ act of postponing US tariff increase until after National Day

  • The American president confirmed a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods will be delayed to October 15
  • The new levies were expected to take effect from October 1, but will now come before expected face-to-face trade talks in Washington

Topic |   US-China trade war
Orange Wang
Orange Wang

Updated: 5:16pm, 12 Sep, 2019

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US President Donald Trump confirmed he will delay a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods at the request of Vice-Premier Liu He. Photo: Reuters US President Donald Trump confirmed he will delay a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods at the request of Vice-Premier Liu He. Photo: Reuters
US President Donald Trump confirmed he will delay a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods at the request of Vice-Premier Liu He. Photo: Reuters
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