Investor Alert

Dec. 10, 2019, 8:49 a.m. EST

U.S. and China trade officials are planning for delay of Dec. 15 tariffs: report

U.S. and Chinese trade negotiators are "laying the groundwork" to delay new tariffs that were set to go into force on Dec. 15, according to The Wall Street Journal. Economists are worried about these new tariffs because they would hit U.S. consumers, who have been the bright spot in the economy. The report, which quotes unnamed officials on both sides, said the two countries are haggling over how to get China to commit to massive purchases of U.S. farm products.

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White House says China tariffs still on table even as movement toward trade deal called good

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