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Trump postpones tariff increases on Chinese goods by two weeks

The US has chosen to postpone a planned increase in tariffs on Chinese goods at a total value of USD 250 billion by two weeks. "It's a gesture of good will," writes President Donald Trump on Twitter.

Photo: HECTOR RETAMAL/AFP / AFP

The US postpones an announced increase in tariffs on Chinese goods worth USD 250 billion by two weeks, informs US President Donald Trump in a tweet Wednesday night CET. The increase to 30 percent from the current 25 percent is postponed until Oct. 15 from the originally scheduled Oct. 1.

Trump informs that the postponement happens on the request of China's Vice Premier Liu He and due to the fact that Oct. 1 is the 70th anniversary of the establishment of the People's Republic of China.

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