US delays tariffs on certain China goods, while planning to remove some altogether from tariff list
On Tuesday, the United States Trade Representative (USTR) office announced that while tariffs would be held off until Dec. 15 on certain consumer goods imported from China, some other products were being removed from the new China tariff list altogether.
The delay in tariffs involves electronics including cellphones, laptops and video game consoles and some clothing products and shoes and certain toys, according to the USTR.
The USTR did not specify which items will be removed altogether from the list ,but said it will work on an “exclusion process for products subject to additional tariff.”
The tariffs were originally expected to come into effect Sept. 1. President Donald Trump had threatened earlier this month that a new round of 10% tariffs could be slapped on an additional $300 billion worth of Chinese imports. But Tuesday’s announcement could potentially assuage concerns on trade war intensity, atleast as of now.
Trump said Tuesday that his decision to delay tariffs was to mitigate an impact on holiday shopping.
SPY in +0.95% Uptrend, growing for three consecutive days on July 17, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SPY advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 429 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for SPY turned negative on July 15, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SPY broke above its upper Bollinger Band on June 26, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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