WASHINGTON/BEIJING -- The U.S. will postpone enacting an additional 10% tariff on key Chinese exports, including smartphones, laptops and toys, until Dec. 15, a move likely intended to dull the pain for American consumers during the critical Christmas shopping season.
The Office of the U.S. Trade Representative made the announcement on Tuesday. The U.S. was set to impose the next round of sanctions on roughly $300 billion of Chinese products on Sept. 1, affecting virtually all Chinese exports still untouched by the trade war.
