Trump delays tariff hikes ahead of key Chinese trade negotiations

Negotiators from the two countries are due to meet in Washington in the coming weeks to push forward talks to end the trade war

President Donald Trump on Wednesday said he was postponing the imposition of 5 per cent extra tariffs on Chinese goods by two weeks, a move that delays the next escalation of the trade war and brightens the backdrop for upcoming trade negotiations.

“At the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on $250 billion worth of goods (25 per cent to 30 per cent), from