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

8:34 AM ET Wed, 14 Aug 2019

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.