U.S. delays tariffs on some Chinese goods, drops others

Aug 14, 20190

Associated Press count

In this Tuesday, May 14, 2019, photo, containers are piled up at a port in Qingdao in east China's Shandong province. China's imports from the United States plunged 31.4% in June from a year earlier amid a tariff war with Washington, while exports to the U.S. market sank 7.8%, Customs data showed Friday, July 12, 2019.

WASHINGTON - The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street.

The Office of the U.S. Trade Representative said Tuesday that it is still planning to go ahead with 10% tariffs on about $300 billion in Chinese imports, extending the import taxes on just about everything China ships to the United States in a dispute over Beijing's aggressive trade policies. Most of the levies are scheduled to kick in Sept. 1.

http://www.startribune.com/us-delays-tariffs-on-some-chinese-goods-drops-others/539691392/