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US postpones tariffs on some products US stocks rebound

2019-08-13T23:22:10.374Z

The United States has announced that it will postpone the additional 10% tariff, which the US has announced earlier this month for Chinese products, by mid-December. Some items, such as mobile phones and laptops, are notable whether the US-China trade war will ease somewhat.



<Anchor>

The United States has announced that it will postpone the additional 10% tariff, which the US has announced earlier this month for Chinese products, by mid-December. Some items, such as mobile phones and laptops, are notable whether the US-China trade war will ease somewhat.

I am a labor journalist.

<Reporter>

The US trade representative says the USTR postpones a 10% tariff on some Chinese imports originally scheduled for September to December 15.

Tariff-deferred items include mobile phones and laptops, video game machines and PC monitors, and some toys, shoes and clothing.

That's one-quarter of the $ 300 billion worth of goods the United States professed to impose additional tariffs, the Wall Street Journal said.

The action came just minutes after China said it vigorously protested tariffs in currencies such as Deputy Prime Minister Liu He and US Representatives of Light Heizer.

[Trump / US President: Yesterday (13th) we had a great conversation with China. It was a very very productive currency. It seems that China wants to do something. Maybe you want to do something dramatic.]

This is interpreted as a move to reduce US consumer confusion due to price hikes ahead of the opening of school supplies and year-end Christmas shopping season.

[Trump / US President: To help many different people. I took action for the Christmas season. It is not related to the Christmas shopping season.]

US stock markets rebounded, including Dow Jones and Nasdaq, in anticipation of a trade war between the US and China.

Source: sbskr

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