Trump Delays Increase of Chinese Goods Tariffs
The President of the united States has postponed the increase in tariffs on Chinese goods.
According to the English section of webangah News Agency, citing Mehr News Agency adn Sputnik News Agency, the White House announced that U.S.President Donald Trump has delayed raising tariffs on imports from China for 90 days.
this decision comes after Trump stated last week that he would impose a 100 percent tariff on semiconductor imports unless they were produced by a company in the United States.
The Guardian also reported that the Trump management has yet to clarify how it will allocate this investment. According to an anonymous official, chip manufacturers have agreed to this deal to obtain export licenses for access to the Chinese market.
News Sources: © webangah News Agency, Mehr News Agency, Sputnik News Agency, the Guardian,