Wilbur Ross: Tariff delay is not a concession, it's meant to help US consumers

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Commerce Secretary Wilbur Ross tells the SquawkCNBC team that the Trump administration's decision to delay upcoming tariffs on certain Chinese goods was not a trade concession to China. Ross said the decision was made to help American consumers.

Commerce Secretary Wilbur Ross tells CNBC's "Squawk Box" team that the Trump administration's decision to delay upcoming tariffs on certain Chinese goods, including some electronics, was not a trade concession to China.

Ross said the decison was made to help American consumers.
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