The President of the United States Donald trump at the ceremony of the meeting of heads of delegations of the States members of the Group of twenty. 30 Nov 2018
WASHINGTON, 2 Dec — the President of the United States Donald trump has agreed not to raise tariffs against China from 10 to 25% from 1 January, said the press Secretary of the White house Sarah Sanders.
“President trump agreed that from 1 January 2019, he will leave the duty on the goods import volume at $ 200 billion per year at 10% and will raise to 25% at this stage,” — said in a statement released by Sanders.
The U.S. also warned that if in the next 90 days is not reached agreement with China on certain trade issues, the fee will increase to 25%. “Both sides agree that they will endeavor to complete this transaction within the next 90 days. If after this period the parties are unable to agree, a 10% duty will be increased to 25%”, — said in a statement.