Trump says he delayed tariffs because of concerns over Christmas shopping season
Added 08-13-19 12:02:07pm EST - “President Donald Trump on Tuesday said that he was delaying some tariffs on Chinese imports ahead of the Christmas season to stem their potential impact on holiday shopping.” - Cnbc.com
CLICK TO SHARE
Stocks surged higher in a sudden move after the U.S. said it was delaying China tariffs until December 15 on some items.
The yield on the 10-year Treasury note threatens to break below that of the 2-year while the 30-year bond rate neared an all-time low.
The products with delayed tariffs include cellphones, laptop computers and "certain items of footwear and clothing," the USTR says.
Some influential voices on Wall Street are saying that Trump blinked in the latest exchange with China.
Chinese propaganda outlets warned on Tuesday that protesters in Hong Kong are "asking for self-destruction," as they released a video showing military vehicles amassing near...
Post a comment.
CLICK TO SHARE
COMMENTS VIA TWITTER
Trump says he delayed tariffs because of concerns over Christmas shopping season https://t.co/Q4UxG9Wrxn
“We’re doing this for the Christmas season,” Trump explained, “just in case some of the tariffs would have an impac… https://t.co/lMXM1gLgoB
Trump finally admits US consumers are affected by tariffs. https://t.co/FTtmkuv9zJ
RT @Scaramucci: If we are raking in billions of dollars from China because of the tariffs, as @POTUS claims, why would we delay them? It’s…
RT @bouman_sander: @realDonaldTrump Stop lying! There are no trade deals, that's why you've delayed extra tariffs on China! Ignorant old fa…