President Donald Trump announced he was postponing a new hike in tariffs originally scheduled to take effect next month as a goodwill gesture to China.
“At the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25 percent to 30 percent), from October 1st to October 15th,” Trump announced on Twitter on Sept. 11.
