US President Donald Trump will reportedly sign an executive memorandum on Monday authorizing the US trade representative to determine whether to investigate the allegedly "unfair" Chinese trade practices, which could pave the way for punitive tariffs on Chinese exports.
US exporters of nuts, wine and fruit have been renegotiating contracts with their buyers in China, while some products originally destined for China may be redirected to other locations, according to CFBF.
US President Donald Trump announced last week that he is sending a US delegation to Beijing, a trip he described as having "a very good chance of making a deal."
US Commerce Secretary Wilbur Ross labeled China as "the most highly protectionist of the big countries" in his recent interview with the Wall Street Journal. His China-bashing rhetoric, however, was refuted by two economists with Peterson Institute For International Economics (PIIE).
US Secretary of State Mike Pompeo and Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed Al Nahyan meet at the Al Shati Palace in Abu Dhabi on July 10, 2018. Pompeo is on a trip traveling to North Korea, Japan, Vietnam, Afghanistan, Abu Dhabi, and Brussels. [Photo / VCG]
US Trade Representative Robert Lighthizer (C) attends the first round of renegotiations on the North American Free Trade Agreement (NAFTA) in Washington DC, the United States, on Aug 16, 2017. [Photo/Xinhua]
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US District Court Judge James Shadid read instructions to the jury on Wednesday morning after the prosecution and defense made their closing arguments.
US technology giant Motorola Inc divided its business into the mobile phone division Motorola Mobility and Motorola Solutions in 2011.
US media have projected that Biden has won 306 Electoral College votes, surpassing the 270 votes needed to clinch the presidency. The watershed moment came on Nov 7, when Pennsylvania was called for Biden, who now leads Trump in the state by over 81,000 votes, a margin believed to be insurmountable even if those erroneously cast ballots were excluded.
US President Donald Trump holds his signed memorandum on intellectual property tariffs on high-tech goods from China, at the White House in Washington, U.S. March 22, 2018. [Photo/Agencies]