The US has decided to delay the implementation of certain tariffs imposed on Chinese imports.
The decision was taken after considering several issues such as national security and security.
The United States has delayed the implementation of tariffs on Chinese imports, including cell phones, laptops, footwear, clothing, toys and video games, until December 15.
US President Donald Trump says the decision was made considering the impact on American businessmen this Christmas.
However, a 10 percent tariff on other items will be effective from September 1.
Meanwhile, American authorities say the implementation of tariffs has been delayed due to several factors, such as public health, safety and national security.
With this hot and shocking news, gold prices in the US market have dropped.
The American Trade Unions have previously pointed out that imposing tariffs on Chinese imports will hamper their business.
They also said that the country’s economy would be severely affected by the imposition of tariffs.