Rolling coverage of the latest economic and financial news
- Japan to draw up stimulus plan
- Introduction: White House split over tariffs?
- Chinese exports fell 0.9% in October
- Analysts: It could have been worse
Just in: Donald Trump’s economic advisor has said that the White House is prepared to ‘postpone’ tariff hikes on Chinese imports scheduled for next month.
But Peter Navarro also said other tariffs will be saved (ie, maintained), to give leverage in future trade talks.
This morning White House Economic Advisor Peter Navarro says the US is willing to postpone Dec 15th tariffs and that is it for Phase One deal… saving other tariffs to make sure we can negotiate Phase 2 and 3 with China. #China #Trade
*NAVARRO SAYS U.S. WILLING TO POSTPONE DEC.15 CHINA TARIFFS: FOX
Here’s our news story about the latest Crossrail delays, which will put the full cost of the project over £18bn….
Related: Crossrail faces further delays and will cost more than £18bn