China Tariffs On Hold—For Now

Tariffs

In case you missed the news, on Feb. 24, President Trump extended the deadline he’d set to increase tariffs on Chinese goods.

The president said he would delay the March 1 deadline to increase tariffs on $200 billion in Chinese imports, citing “substantial progress” during a week of trade talks in Washington between American and Chinese officials.

The extension will prevent the United States from increasing tariffs to 25% from 10% on March 2. While the delay is likely to calm financial markets and reassure business owners, the Chinese have still yet to make written commitments to any of the core issues that the president mentioned in his tweet, according to reporting in The New York Times.

RELATED CONTENT

TGIFridays

TGI Fridays Adds 50 Units to Peru, Japan

Fresh deals will help the brand grow across the countries on its way to 1,000 stores globally.

Q2 2025 Barometer

Q2 Barometer Seemingly Shows ‘Best-Case Scenario’

The final numbers surpassed the association's Q1 prediction of 1.0% growth amid ongoing uncertainties.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -