Trump Administration Will Delay Tariffs On Some Chinese Goods

Headline Roundup August 13th, 2019

The United States will delay tariffs on some Chinese consumer goods until December. After this announcement was made, US stocks rallied as fears of a global trade war ceased.

Trump Administration Will Delay Tariffs On Some Chinese Goods

From the Left
6497
Trade, China, tariffs

The White House on Tuesday said it would delay imposing tariffs on Chinese imports of cellphones, laptop computers, video game consoles, and certain types of footwear and clothing until Dec. 15, significantly later than the Sept. 1 deadline President Trump had repeatedly threatened.

The announcement, which came from the Office of the U.S. Trade Representative, likely ensures that Apple products and other major consumer goods would be shielded from the import tax until at least December, potentially keeping costs on these products down during the holiday shopping season.

The announcement...

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From the Center
6497
Trade, China, tariffs

Some tariffs to be delayed until Dec. 15 on items including cell phones, laptop computers, video game consoles, footwear

The Trump administration will delay tariffs on cellphones, laptop computers, toys and some other items until Dec. 15, softening the blow of levies that were scheduled to take effect on Sept. 1 against roughly $300 billion of imports from China.

The office of the U.S. Trade Representative said that some products will be removed from the tariff lists entirely, based on health, safety, national security and other factors. The statement didn’t...

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From the Right
6497

US stocks jumped higher on Tuesday as fears of a drawn out global trade war eased, after the White House said tariffs on key Chinese imports would be delayed.

Stocks originally turned positive on a report that China's commerce secretary agrees to conduct a phone call in two weeks with U.S. trade representatives, according to Reuters.

Stocks then took off as as part of USTR’s public comment and hearing process, it was determined that the tariff should be delayed to December 15 for certain articles.

Products in this group include,...

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