President Trump offered an olive branch to Beijing in the U.S.-China trade war.

Less than a month after his administration committed to a hike in tariffs on Chinese goods on Oct. 1, the president announced a "gesture of good will" Wednesday by saying he would delay the extra taxes by two weeks.

"At the request of the Vice Premier of China, Liu He, and due to the fact that the People's Republic of China will be celebrating their 70th Anniversary on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th," he tweeted.

....on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th. — Donald J. Trump (@realDonaldTrump) September 11, 2019

Last month the Trump administration said it would raise existing tariffs on $250 billion worth of Chinese goods from 25% to 30% and boost planned tariffs on an additional $300 billion worth of goods from 15% to 20%. The president also demanded American companies stop doing business with China.

The move came after Beijing announced it was enacting additional tariffs of 5% and 10% on $75 billion worth of U.S. goods. China also said it would place a 25% tariff on American automobiles and a 5% duty on auto parts.

Prior to Trump's tweets Thursday evening, China made a gesture of its own by waiving some tariffs on U.S. goods. More talks are planned to take place later this month in D.C.