USTR to suspend China tariff hike 'until further notice'

The U.S. Trade Representative`s office said on Wednesday it would move to formally suspend a scheduled tariff increase on Chinese goods "until further notice" following President Donald Trump`s decision to delay his Friday deadline for a U.S.-China trade deal amid progress in their talks.

The statement was issued after U.S. Trade Representative Robert Lighthizer`s testimony to the U.S. House Ways and Means Committee, in which he said USTR was following a legal process to implement the delay.

"In accordance with the president’s direction, the Office of the United States Trade Representative will publish a notice in the Federal Register this week to suspend the scheduled tariff increase until further notice," USTR said in an emailed statement.

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