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Aug 14, 2019
12:33PM

US delays imposing tariffs on some imports from China until Dec 15

DD NewsLive
The US is delaying imposing tariffs on some imports from China until 15 December. US President Donald Trump said, the delay was in part to avoid hitting US shoppers this Christmas. The products include mobile phones, laptops, video game consoles, some toys, computer monitors, and certain footwear and clothing.

The surprise news from the United States Trade Representative office sparked a rally in share prices. Other items facing a 10% tariff, however, will go ahead as planned on 1 September.

 

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