The US dollar as a global reserve currency, on the one hand, contains certain costs and can be burdensome to the US economy. On the other hand, this phenomenon has brought tremendous benefits to its own economy and consumers.
The Ukraine International Airlines Boeing 737-800, carrying mostly Iranians and Iranian-Canadians, crashed just minutes after taking off from Tehran's Imam Khomeini International Airport.
The US unemployment rate is 3.5 percent, near a 50-year low. President Trump touted the strong economy in his State of the Union address to Congress Tuesday and is expected to highlight strong employment in his re-election bid this year.
The US retail giant Wal-Mart topped the list. China's State Grid and oil giant Sinopec Corp were second and third, with revenue reaching 5 billion and 8 billion, respectively, in 2016.
The US Supreme Court last Thursday blocked Trump's plan to add the citizenship question, saying administration officials had given a "contrived" rationale.
The US carmaker is planning to have three locally produced vehicles by the end of 2021, as part of its "China first" strategy. Its global flagship store was unveiled last week in Shanghai, where its Asia-Pacific headquarters is located.
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The US is aiming high. In a series of tweets posed on Monday, US President Donald Trump said, “Under our potential deal with China, they will purchase from our Great American Farmers practically as much as our Farmers can produce.”
The US Department of Commerce on Monday imposed sanctions on a number of Russian enterprises, which, according to Washington, cooperate with the armed forces of Russia. The organizations in question are prohibited from acquiring a number of US goods and technologies.
The United States government's suppression of short video mobile app TikTok, which is owned by Beijing-based company ByteDance, is untenable legally, unreasonable procedurally, and is not based on "facts". It reflects the US government's anxiety about the development of China's digital technology. It is also the result of a combination of security, economic, political and ideological factors.
The United States is set to impose 25 percent of tariff on steel imports and 10 percent for aluminum, Trump said after a meeting with business executives.