US Stops New China Tariffs For 90 Days, But There's A 25% Catch | Read

PUBLISHED ON: December 2, 2018 | Duration: 1 min, 33 sec

  
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The United States said on Saturday that it agreed in a long-awaited summit with China to suspend new tariffs for 90 days as the two powers seek to end a trade war. The White House said a threatened increase of tariffs on $200 billion worth of Chinese goods from 10 to 25 percent, which was set to take effect on January 1, would be put off for 90 days.
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