US to delay or remove some tariffs against China planned for September 1
- Some categories are removed due to ‘health, safety, national security and other factors’; tariffs on other items are postponed until December 15.
- Chinese Vice-Premier Liu He is reported to have had a ‘serious negotiation’ on trade with Robert Lighthizer and Steven Mnuchin
The US government said on Tuesday that it would delay or remove some tariffs against China set to take effect September 1.
The United States Trade Representative office announced the products will have tariffs delayed include “cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing”.
Some categories were being removed from the tariffs list because of “health, safety, national security and other factors” while tariffs on other items would be delayed until December 15.
The office said that a new 10 per cent tariff on about half the Chinese imports would still take effect on September 1, as announced by US President Donald Trump on August 1.
The delay on tariffs of about US$300 billion of Chinese consumer goods will allow US retailers to stockpile the products they need for the back-to-school and holiday shopping seasons.