China Tariff increase cancelled……. for now

On Friday 10/11/19 it was announced by the White House that the planned increased tariff, going from 25% to 30%, on $250 billion dollars worth of Chinese goods that was scheduled for tomorrow, 10/15/19, has been cancelled due to appreciable progress in trade talks in the days previous. However, an agreement has yet to be signed and it’s acknowledged that there is still a lot of work to be done. At this time, the scheduled increase on 12/15 is till happening. Please check back for further updates as they become available.

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