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posted by Fnord666 on Monday August 19 2019, @12:26PM   Printer-friendly
from the wouldn't-want-to-impact-Christmas dept.

https://www.npr.org/2019/08/13/750770595/trump-administration-delays-some-china-tariffs

The Trump administration is postponing some of its new tariffs on Chinese imports — a significant retreat in the trade war that has rattled financial markets on both sides of the Pacific.

The Office of the U.S. Trade Representative announced on Tuesday that 10% tariffs on certain popular consumer items — including cellphones, laptop computers, video game consoles, computer monitors and some toys, shoes and clothing — will be postponed until Dec. 15.

'What we've done is we've delayed it, so they they[sic] won't be relevant to the Christmas shopping season,' President Trump told reporters.

I guess it really is easy to win a trade war: just saber-rattle but never actually do things.


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  • (Score: 0) by Anonymous Coward on Monday August 19 2019, @01:26PM

    by Anonymous Coward on Monday August 19 2019, @01:26PM (#882104)

    All it takes is one degree of misdirection by professional liars to get you to completely misunderstand what is going on. Let me guess, you vote republicrat? This is about market manipulation, nothing to do with Trump being desperate to make a bad deal.