US says start of new China tariffs will be delayed by at least two weeks

WASHINGTON (Reuters) – The U.S. Trade Representative’s office said Tuesday some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer chips and medical products will be delayed by at least two weeks.

The USTR in May said those tariffs would take effect on Aug. 1 but the office said Tuesday it is still reviewing 1,100 comments received and now expects to issue a final determination at some point in August. The office added the new tariffs will take effect approximately two weeks after the final determination is made public.

This post is originally published on INVESTING.

  • Related Posts

    Gold prices shine on safe-haven demand as traders try to gauge Trump’s policies

    Investing.com– Gold prices rose in Asian trading on Tuesday as the dollar weakened sharply overnight, while traders tried to assess U.S. President Donald Trump’s policies following his inauguration. Spot Gold…

    Texas ports, pilots suspend some operations as winter storm hits

    By Arathy Somasekhar (Reuters) – Texas ports and pilots, who assist in moving vessels around ports, suspended some operations on Monday as frigid weather conditions hit the state. All of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Gold prices shine on safe-haven demand as traders try to gauge Trump’s policies

    • January 21, 2025
    Gold prices shine on safe-haven demand as traders try to gauge Trump’s policies

    Markets Shrouded in Uncertainty as US Tariffs Postponed. Forecast as of 21.01.2025

    • January 21, 2025
    Markets Shrouded in Uncertainty as US Tariffs Postponed. Forecast as of 21.01.2025

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.01.2025

    • January 21, 2025
    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.01.2025

    Texas ports, pilots suspend some operations as winter storm hits

    • January 21, 2025
    Texas ports, pilots suspend some operations as winter storm hits

    Canadian Dollar, Mexican Peso drop amid Trump’s tariff threats

    • January 21, 2025
    Canadian Dollar, Mexican Peso drop amid Trump’s tariff threats

    Dollar pares losses as Trump floats Canada, Mexico tariffs

    • January 21, 2025
    Dollar pares losses as Trump floats Canada, Mexico tariffs