U.S. reportedly planning to delay China tariffs

11.12.2019 - Kulakov Vladimir
U.S. reportedly planning to delay China tariffs

U.S. reportedly planning to delay China tariffs

The Wall Street Journal reported on Tuesday that the U.S. was planning to delay its imposing of 15% tariffs (about $160 billion) in Chinese goods that would take effect on December 15.

However, following the reort, White House economic advisor Larry Kudlow said that the December 15 tariffs were still “on the table”.

White House adviser Peter Navarro also said that he saw no indication that the tariff hike would be averted.

The news came amid attempts to reach a “phase one” deal, to be agreed upon by Beijing and Washington. U.S. President Donald Trump suggested earlier this month that the deal could wait after the 2020 election, noting that he had “no deadline” to reach an agreement.

Risk disclaimer "Market Solutions Ltd – Suite 305 Griffith Corporate Centre P.O. Box 1510 Beachmont, Kingstown, St Vincent and the Grenadines is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0128 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of Market solutions Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from umarkets.ai or Market Solutions limited." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue
×

Help with deposit?