China welcomes delay in US tariff hike
By Jing Shuiyu |
chinadaily.com.cn |
Updated: 2019-03-02 15:45
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China has welcomed the news that the United States is delaying a planned tariff hike on Chinese imports, the Customs Tariff Commission of the State Council (CTCSC) said on Saturday.
The United States Trade Representative's (USTR) office released a statement outlining the postponement of a planned tariff hike on $200 billion worth of Chinese goods until further notice.
The tariff rate remains at 10 percent, according to USTR.
CTCSC said in a statement that it was aware of the USTR's move, and welcomed the step.
