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Trump extends China tariff deadline after 'substantial' progress

Citing "substantial progress" in recent negotiations, Trump says he will extend a deadline to raise tariffs on Chinese goods beyond this week.

USA's præsident Donald Trump | Photo: Ritzau Scanpix/REUTERS/Leah Millis

President Donald Trump said he’ll extend a deadline to raise tariffs on Chinese goods beyond this week, citing “substantial progress” in the latest round of talks that wrapped up Sunday in Washington.

"The US 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," Trump said in a Twitter posting. "As a result of these very productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1."

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