The Office of the U.S. Trade Representative says it would delay the tariffs to Dec. 15 on some goods, including cellphones, laptop computers, video game consoles, some toys, computer monitors, shoes and clothing.

The Fed under Chairman Jerome Powell has signaled that rising economic pressures — notably from President Donald Trump’s trade wars and from a global slowdown — have become cause for concern. So has an inflation rate that remains chronically below the Fed’s target level.

Iran acknowledged Monday it had broken the limit set on its stockpile of low-enriched uranium by the 2015 nuclear deal, marking its first major departure from the unraveling agreement a year after the U.S. unilaterally withdrew from the accord.

The U.S. is sending 1,000 more troops to the Middle East as tensions in the Persian Gulf mounted over Iran’s announcement it will not comply with the international agreement that keeps it from making nuclear weapons. 

Chairman Jerome Powell didn’t explicitly say what the Federal Reserve would do. But expectations are rising that the Fed will cut rates at least once and possibly two or more times before year’s end, in part because of the consequences of the trade war. 

President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, yearlong trade dispute.