President Trump announced on Sunday that he would delay an increase in U.S. tariffs on $200 billion worth of Chinese goods that had been scheduled to take effect on March 1.  He credited this postponement to  the “productive talks” he had with the Chinese President Xi Jinping.

President Trump has spoken well of Chinese President Xi Jinping and is praising his collaboration in dealing North Korea.

 Making the announcing via a tweet, Trump said the following:

“I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues,” he tweeted.

“As a result, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement,” then added, “A very good weekend for U.S. & China!”

U.S. and Chinese flags at the backdrop of a Business meeting between the two countries. Credit: Reuters

The delay which the businesses community  had hoped for and were anticipating, comes less than a week before the expiration of the 90-day trade war truce between the two countries.  The truce was agreed upon by both Presidents, Trump and his Chnese counterpart Xi Jinping.  

Had the tariffs taken effect on March 1 as had been anticipated, they would have increased from 10% to 25% on $200 billion worth of Chinese goods.

Furthermore, the announcement saves as an  indicator that a possible trade deal between the world’s two economic giants and rivalries at the same time could be imminent – a positive sign that global markets would definitely welcome.

Copyright © 2019 Manyika Review.  All Rights Reserved.

Facebook Comments


  1. Pingback: cialis
  2. Pingback: cardizem 120mg nz
  3. Pingback: cheapest celexa
  4. Pingback: claritin uk
  5. Pingback: slot games
  6. Pingback: gambling casino
  7. Pingback: real online casino
  8. Pingback: casino slot games
  9. Pingback: online slots
  10. Pingback: slot games
  11. Pingback: online casino
  12. Pingback: slot games
  13. Pingback: geico car ins
  14. Pingback: payday loans ohio
  15. Pingback: ananda cbd oil
  16. Pingback: web assign utah
  17. Pingback: assignment helpers
  18. Pingback: type writer paper
  19. Pingback: assignment define
  20. Pingback: clomid 100 mg cost
  21. Pingback: clozaril 50mg uk
  22. Pingback: combivent prices
  23. Pingback: buy coreg 3,12 mg
  24. Pingback: crestor 20mg uk
  25. Pingback: cymbalta purchase
  26. Pingback: ddavp prices
  27. Pingback: dramamine cost
  28. Pingback: elavil price
  29. Pingback: erythromycin cost
  30. Pingback: etodolac otc
  31. Pingback: flomax 0,4mg cheap
  32. Pingback: geodon purchase
  33. Pingback: how to buy hyzaar
  34. Pingback: where to buy imdur
  35. Pingback: imodium australia
  36. Pingback: indocin 75mg nz
  37. Pingback: lamisil australia
  38. Pingback: luvox cost
  39. Pingback: how to buy motrin
  40. Pingback: buy plaquenil
  41. Pingback: proscar for sale
  42. Pingback: protonix 40mg otc
  43. Pingback: robaxin pharmacy
  44. Pingback: rogaine prices
  45. Pingback: seroquel generic
  46. Pingback: singulair purchase
  47. Pingback: skelaxin uk
  48. Pingback: order spiriva 9mcg
  49. Pingback: how to buy toprol
  50. Pingback: zocor 10mg generic
  51. Pingback: zovirax nz
  52. Pingback: zyloprim 100mg uk
  53. Pingback: zyprexa 2,5 mg usa
  54. Pingback: zyvox uk
  55. Pingback: meclizine cost
  56. Pingback: leflunomide otc
  57. Pingback: anastrozole nz
  58. Pingback: cost of cefuroxime
  59. Pingback: buy celecoxib
  60. Pingback: cheap lamotrigine
  61. Pingback: terbinafine prices
  62. Pingback: digoxin usa
  63. Pingback: order gemfibrozil
  64. Pingback: metoprolol otc

Comments are closed.