Trump bows to economic concerns, delaying some China tariffs

By Shawn Donnan, Jenny Leonard, and Olivia Rockeman, Bloomberg
President Donald Trump bowed to pressure from U.S. businesses and concerns over the economic fallout of his trade war with China, delaying the imposition of new tariffs on a wide variety of consumer products including toys and laptops until December.
Tuesday’s move to at least hit the pause button in his fight with China came as senior officials on both sides had their first phone conversation since Trump threatened the tariffs