Released by Southeast AgNet This Week …
The tariff increases for Chinese imports that were scheduled to be implemented on Oct. 1 are now being delayed by two weeks, in what President Donald Trump is calling “a gesture of good will.”
The announcement made via Twitter came on the heels of Chinese officials granting a one-year exemption on retaliatory tariffs on 16 American products.
President Trump noted that the change in timing is in response to a request from Vice Premier of China, Liu He, who cited the importance of the 70th Anniversary of the People’s Republic of China.