HomenewsInternation TradeTrump will approve 90-day delay for some tariff payments as coronavirus wallops economy

Trump will approve 90-day delay for some tariff payments as coronavirus wallops economy

Trump will approve 90-day delay for some tariff payments as coronavirus wallops economy

President Donald Trump addresses the Nation from the Oval Office about the widening coronavirus crisis, Wednesday, March, 11, 2020. (POOL PHOTO by Doug Mills/The New York Times) NYTVIRUS NYTCREDIT: Doug Mills/The New York Times

President Donald Trump will allow certain businesses to defer some tariff payments by three months, three sources told CNBC on Tuesday.

The president could announce the 90-day delay in tariff payments later Tuesday, one source said. Read more…

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