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New China Tariffs put on hold - Dow S&P Rallies

 
Midwest Skeptic
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08/13/2019 01:03 PM
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New China Tariffs put on hold - Dow S&P Rallies
New China Tariffs put on hold - Dow S&P Rallies


US delays China tariffs for some items including cellphones, removing other products from list

[link to www.cnbc.com (secure)]

"The United States Trade Representative office said Tuesday that new tariffs on certain consumer items would be delayed until Dec. 15, while other products were being removed from the new China tariff list altogether. It cited health and security factors.

The duties had been set to go into effect on Sept. 1, so the announcement eased concerns about the holiday shopping season...."

"...Trump said Tuesday his decision to delay tariffs ahead of the Christmas season was to avoid an impact on holiday shopping. Additionally he said all of the delays “help a lot of people...."





Dow jumps more than 400 points on reports of progress in China-U.S. trade talks

[link to www.marketwatch.com (secure)]

Last Edited by Midwest Skeptic on 08/13/2019 01:05 PM
Midwest Skeptic
Anonymous Coward
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08/13/2019 07:32 PM
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Re: New China Tariffs put on hold - Dow S&P Rallies
Amazing...after sending global stock markets reeling with his August 1 Twitter declaration that the remaining $300 billion of un-tariffed Chinese imports would face a 10 percent levy starting in September, our demented leader has just announced that some of those tariffs will be delayed. So don't say he never gave you anything!

He moved on China like a bitch, but just couldn't get there.



1rof1
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08/13/2019 07:44 PM
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Re: New China Tariffs put on hold - Dow S&P Rallies
Amazing...after sending global stock markets reeling with his August 1 Twitter declaration that the remaining $300 billion of un-tariffed Chinese imports would face a 10 percent levy starting in September, our demented leader has just announced that some of those tariffs will be delayed. So don't say he never gave you anything!

He moved on China like a bitch, but just couldn't get there.



1rof1
 Quoting: Anonymous Coward 77917582


He's backing off a bit for sure.
Anonymous Coward
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08/13/2019 08:03 PM
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Re: New China Tariffs put on hold - Dow S&P Rallies
clown show .
Anonymous Coward
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08/13/2019 08:04 PM
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Re: New China Tariffs put on hold - Dow S&P Rallies
what concessions did trump get for offering the delay ? .... lol !!!





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