BREAKING NEWS: Trump postpones tariffs on Chinese goods for MONTHS and removes some items
The Trump administration announced Tuesday morning that is delaying tariffs on Chinese-manufactured goods like laptops and cell phones until Dec. 15.
Trump’s trade office says that certain products ‘will not face additional tariffs of 10 percent’ due to health, safety or national security concerns.
‘Products in this group include, for example, cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing,’ according to a United States Trade Representative statement.
USTR said it will post a list of items that are being excluded on its website today.
It announced the postponement shortly after the the stock market opened in the United States. The Dow Jones Industrial Average jumped nearly 500 points within minutes.