Trump delays China tariffs on some holiday favorites
(WorldNews Politics)

The Trump administration will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists. By granting a grace period for everyday items like some phones and toys, the U.S. concession appears designed to avoid any disruption or additional price increases for American consumers heading into the final four months of the year -- from back-to-school purchases to Christmas shopping. The announcement also came as the two sides spoke for the first time since the recent escalation in tensions. Stocks surged on the news Tuesday. Apple spiked 4.7% and Best Buy climbed 8% on optimism that the reprieve would boost...