Trump Delays Chinese Tariffs, is He Just Postponing the Inevitable?

by Options Sensei | 08/16/2019, 13:10

Two weeks after Trump’s August 1st tweet stating he would impose a new round of tariff on Chinese imports starting September 1st his lackeys were forced to backtrack delaying move until December 15th. The pressure from a variety of businesses and advisors explained the new tariffs would hit U.S. consumers in the pocketbook.

Trump explained his reversal stating that he didn’t want to ruin Christmas by causing an increase in prices on popular gifts such as laptops, phones, clothes and basic toys. Of course, this…

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