Home NEWS-BUSINESS White House Considers Postponing Tariffs to Help Businesses: Live Updates

White House Considers Postponing Tariffs to Help Businesses: Live Updates

by staff
White House Considers Postponing Tariffs to Help Businesses: Live Updates


The Trump administration is considering postponing tariff payments on some imported goods for 90 days, according to people familiar with the matter, as it looks to ease the burden on businesses hurt by the coronavirus pandemic.

Some businesses and trade groups have argued that the levies President Trump imposed on foreign metals and products from China before the outbreak continue to raise their costs and weigh on their profits as the economy is slowing sharply. But even after the global pandemic hit the United States, Mr. Trump and his advisers have denied that cutting tariffs would be one of the measures they would undertake to…



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