
Earlier on Tuesday, China's chief trade negotiators, Vice Premier Liu He and Commerce Minister Zhong Shan, spoke to their U.S. counterparts, Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.
Investors welcomed news of the tariff delay.
The Office of the U.S. Trade Representative announced on Tuesday that 10% tariffs on Chinese imports set to take effect on cellphones, laptop computers, video game consoles, certain toys, computer monitors and some shoes and clothing will now be postponed until December 15. Furthermore, other goods are being excluded from the tariff list entirely due to "health, safety, national security and other factors". It's expected that the increased tariffs will impact around $300 billion worth of imports from China.
The exemptions, combined with renewed talks with China, suggest Trump may be willing to compromise.
"As usual, China said they were going to be buying "big" from our great American Farmers. Maybe this will be different!" the president wrote.
However, the United States Trade Representative (USTR) said Tuesday that some electronic devices made in China are getting a delay and other items have been removed from the tariff lists altogether.
The USTR's announcement comes amid growing concerns about a global economic slowdown.
Remember when trade wars were "good and easy to win"? Goldman Sachs said on Sunday fears of the U.S.
Of the items being delayed from the tariffs, these include "cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing".
Trump has also personally criticized Chinese President Xi Jinping for failing to do more to stem sales of the synthetic opioid fentanyl amid an opioid overdosing crisis in the United States.
"Trade talks are continuing, and during the talks the US will start, on September 1st, putting a small additional tariff of 10% on the remaining 300 billion dollars of products coming from China into our country", he tweeted at the time.
America's number-one sneaker retailer jumps into the subscription business
Shoes arrive in a personalized box and come with "exclusive adventure guides" that offer ideas for outdoor activities. This new adventure club removes the hassle of shopping for parents and invites kids to start an adventure.
Inter Winger Perisic To Earn €4.5m At Bayern Munich
Bayern were eager to sign the Croatian after their deal to sign Leroy Sane from Manchester City fell apart after his injury. Bayern launch their Bundesliga season at home to Hertha Berlin on Friday.
‘Traffic chaos’ as large-scale power cuts hit London & SE England
Frustrated travellers continued to experience disruption to services at London's Kings Cross station on Saturday. Meanwhile, the London North-Eastern Railway and the National Railways advised all passengers not to travel.
National Football League responds to Antonio Brown's helmet greivance, won't budge
Without mentioning Brown by name, McCarthy stated: "The player can't practice or play in games with equipment that's not approved. The search, thus far, has been unsuccessful, the unidentified PFT source said.
'The Morning Show' trailer teases heavy take on TV journalism
The minute-long teaser provides shots of the morning show set as different characters speak via voice-over. Aniston and Carell play the hosts of the titular morning show, who seem to frequently butt heads and egos.
Jeffrey Epstein's 'sex slave' seen at Naomi Campbell's birthday party in 2001
Buckingham Palace has largely been tight-lipped about the allegations this week. Epstein's death raises serious questions that must be answered.
Italy’s League to present no-confidence motion in govt
After Salvini's statement on a coalition crisis, Luigi Di Maio , the leader of MS5, said he was ready for snap elections, too. After claiming just 17% of the vote in last year's national election, the league won 34% in European elections this spring.
Vehicle burglar takes A-Rod's 'irreplaceable' jewelry during half-million heist
Law enforcement sources tell us they've made the case a high priority. with investigators working overnight to collect evidence. Rodriquez was in San Francisco for ESPN's broadcast of Sunday Night Baseball at Oracle Park. "It's an unfortunate situation".
Body Of Female Caucasian Found During Search For Nora Quoirin
According to the New Straits Times , a police forensics unit vehicle was spotted entering the cordoned-off resort at 3.30pm. The £10,000 reward - 50,000 in local Malaysian Ringgit currency - was donated by an anonymous businessman based in Belfast.
Liverpool’s Alisson out for a "few weeks" with calf injury
He's a brilliant character, a really nice lad and helped us a lot in the pre-season and now we chose to work together with him'. It takes a while, it takes a couple weeks for sure, and we have to see.
The First Offline Date After Online Relationships
The Date Day: How To Behave When you meet your date offline for the first time, there are many things that can go wrong. That is a very responsible step that will either empower or destroy the already formed relationships.
Gustav Klimt Could Challenge For 2,000 Guineas
However, Gustav Klimt bounced back with a fine performance at the Barronstown Stud Irish European Breeders Fund in June last year. Gustav Klimt moved to the inside down the final furlong and found just enough speed to beat out his compatriot Nebo by a head .
List of the Best Fitness Trackers for 2018
Although it is a bit expensive, it makes your experience really enjoyable by giving you access to music and also GPS navigation. Huawei Band 2 Pro is one of the best low-budget devices that offers you all the functions you need for under 60 Euros.
How Technology Has Completely Changed the Way We Spend Money
The Rise of Mobile Payments Over the last few years, all of the major mobile innovators have stepped into the mobile payment game. As of 2016, Apple Pay had 12 million monthly users , a figure which is sure to rise substantially in the coming months and years.
Latest News on the Global Online Gaming Industry The company is showing signs of making a comeback, as competitors are forced to merge and consolidate in order to survive. The industry can be broken down further between mobile gambling and desktop gambling (which includes laptops and PCs).