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Trump Delays Imposition of Additional Tariffs as China Meets US Demands

October 15, 2019 by Dan Kazan in News and Media

In response to what President Donald Trump called a substantial “phase one” deal, tariffs on Chinese goods set to go into effect this week have been postponed indefinitely. The US agreed to forego, for now additional import taxes on about $250 billion in Chinese products, but some say China did not do much to deserve the reprieve.

Xi Jinping: General Secretary of the Communist Party of China, President of the People’s Republic of China, Chairman of the Central Military Commission. Photo courtesy Wikipedia.

“What the U.S. is getting is purchases and several elements of nonsense,” said Derek Scissors, an expert on China at the American Enterprise Institute, before the announcement. “Today seems to be another ‘China-is-Great’ day, but future talks face a higher risk.”

The agreement does not address the biggest concerns the US has about the state-run Chinese economy that ignited the trade war in the first place.

Trump also announced that there will be another phase of trade talks, adding that he planned on signing the first phase during the upcoming Asia-Pacific Economic Cooperation leader’s summit, when he meets directly with Xi Jinping, the President of China.

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About Dan Kazan

Dan Kazan has had years of experience writing for some of the largest newspapers and magazines in the USA. He was one of the first pioneers in bringing the news online and has focused most of his recent energies into making Left Justified the high quality online news and opinion site which it is.Dan can be reached at dankazan(at)leftjustified.com.

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