President Donald Trump has postponed his high tariffs on Chinese imports for the next three months, maintaining a 30% tax on most goods in hopes of reaching a trade deal.
President Donald Trump has postponed his high tariffs on Chinese imports for the next three months, maintaining a 30% tax on most goods in hopes of reaching a trade deal. WASHINGTON —
President Donald Trump has delayed his high tariffs on Chinese imports for another three months, maintaining a 30% tax on most goods in hopes of reaching a trade deal.
He signed an executive order Monday for the tariff extension, framing the delay as a gesture of goodwill to allow more time for U.S.-China trade negotiations.
Trump says his goals for the tariffs include addressing a trade imbalance, bringing manufacturing back to