Trump to Delay March 1st China Tariff Increase After 'Substantial Progress'

Sunday evening, President Trump said the U.S has made "substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues." As a results, Trump said he will be delaying the U.S. increase in tariffs now scheduled for March 1st.

I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very......

— Donald J. Trump (@realDonaldTrump) February 24, 2019

....productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!

— Donald J. Trump (@realDonaldTrump) February 24, 2019

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