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Trump backs off China tariff plan with delays for cellphones, laptops

By David Shepardson and David Lawder

Aug 14 2019 6:55AM

Blunting impact on US holiday sales.

Trump backs off China tariff plan with delays for cellphones, laptops

President Donald Trump on Tuesday backed off his plan to impose 10 percent tariffs on remaining Chinese imports on Sept. 1, delaying duties on cellphones, laptops and many other consumer goods in the hopes of blunting their impact on US holiday sales. The move sent stocks sharply higher and drew ...

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