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Trump backs off China tariff plan with delays for cellphones, laptops

Reuters Tuesday, 13 August 2019 ()
President Donald Trump on Tuesday backed off his plan to impose 10% tariffs on remaining Chinese imports on Sept. 1, delaying duties on cellphones, laptops and many other consumer goods in the hopes of blunting their impact on U.S. holiday sales.
Credit: The Street - Published < > Embed
News video: Here's Why Jim Cramer Thinks President Trump Changed His China Strategy

Here's Why Jim Cramer Thinks President Trump Changed His China Strategy 02:13

Curious about why President Trump is delaying tariffs on many of the goods that were supposed to be tariffed starting September 1. Instead, tariffs on things such as cellphones, laptops, etc., are being pushed back to Dec. 15. Here's what Cramer had to say about why Trump is willing to meet with...

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