Trump is likely to hold off on increased tariffs on China. “There’s a floor deal for delaying the October 15 tariff increase, and the December 15 hike is being actively discussed,” said a China expert who sometimes advises the White House
President Donald Trump is likely to hold off on increased tariffs on China after two days of talks between top ranking U.S. and Chinese officials.
He added that there may be a roll back of duties Trump imposed on Sept. 1 but those discussions may wait for the next round.“What the U.S. is getting is purchases and several elements of nonsense, which isn’t that bad for just putting off scheduled tariffs,” Scissors added. “All this is pending the president’s mood, of course. Today seems to be another 'China Is Great' day, but future talks face a higher risk.
“We will be meeting with the president shortly. We will be updating the president on those, he’ll then be meeting with the vice premier,” he said Friday afternoon during a press briefing threatening new sanctions on Turkey. “We’ll be making more announcements after we meet with the president.”warmly greeted Lighthizer and Mnuchin outside the USTR building. Trump was also in an upbeat mood Friday, writing on Twitter: ". Warmer feelings than in recent past, more like the Old Days.
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