Trump extends China tariff deadline by 90 days | LiveNOW from FOX
President Donald Trump is extending the tariff deadline on China. On Truth Social Monday, Trump posted:"I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same. Thank you for attention to this matter! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA."
The previous deadline was set to expire at 12:01 a.m. Before the announcement, the U.S. could have implemented taxes on Chinese imports from 30%, and Beijing could have responded by raising tariffs on U.S. exports to China.
The American Institute for Economic Research's Lydia Mashburn Newman joins LiveNOW's Andrew Craft to discuss.
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