President Donald Trump says he delayed some tariffs in an escalating trade war with China to lessen the impact on the Christmas shopping season
Chinese Vice Premier Liu He, centre, poses with US Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019.
As Washington and Beijing work to resolve the escalating trade war, US Trade Representative Robert Lighthizer spoke with Chinese Vice Premier Liu He early Tuesday and has another call planned in two weeks, a USTR official told AFP. The sides were due to hold another round of meetings in Washington in September, but the deterioration in relations in the past two weeks cast doubt on whether the negotiations would take place."As usual, China said they were going to be buying 'big' from our great American Farmers. So far they have not done what they said. Maybe this will be different!" Trump tweeted on Tuesday.
In addition, "certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent."Stocks rose sharply on Wall Street Tuesday after the US government said it would delay new tariffs on certain goods imported from China and remove tariffs on other goods entirely.
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