BREAKING: Trump backtracks on China tariffs, Fox News anchor slams move

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BY TEAM DML / AUGUST 13, 2019 /

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by CNBC:

The United States Trade Representative office said Tuesday certain items were being removed from the new China tariff list because of “health, safety, national security and other factors” while tariffs on other items would be delayed until December 15.

The products in the group that will have tariffs delayed include “cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing,” the USTR said.

The article goes on to state the following:

Apple shares traded higher on the news. Best Buy, Nike, Kohl’s and other retailers were also trading higher.

Last month, President Donald Trump announced a new round of tariffs of 10% on $300 billion of Chinese imports that eluded duties in the earlier round in May. The USTR published a list of products in May that may be subject to an addition 10% tariff and that list is now being edited to avoid health and security factors. 

Fox News anchor Laura Ingraham responded to the news, tweeting, “Trump caved. China will be emboldened—during Hong Kong crackdown no less: “US removes some items from China tariff list, delaying tariffs for others.”

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DML News App offered you the above aggregated article preview as part of our ongoing effort to educate and inform people around the world about news, events, and politics. We encourage you to obtain additional information by visiting CNBC

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4 Comments

  1. John August 13th, 2019 at 11:04 am

    I would never question this Presidenr’s Steps to negotiations. After all, he is the best of the best when negotiating a deal. Thank you Mr. President, we will win finally.

    Reply

  2. Rosemary Lesher August 13th, 2019 at 11:19 am

    I trust President Trump completely to know what he is doing with America’s best interest at heart. Trump 2020

    Reply

  3. Tracy August 13th, 2019 at 11:26 am

    That’s BS and has nothing to do with health or national security….POTUS is having !!!! NOT OK !!!!

    Reply

  4. Ken G August 13th, 2019 at 1:59 pm

    That’s the trouble with people, very impulsive, let it play out and see what happens, I trust the President! Could say the same thing about news anchors, seen her change her tune a few times

    Reply

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