Trump reaches preliminary trade agreement with China

The Trump administration announced Sunday that it would drop its plans to impose tariffs on $160 billion of Chinese goods in exchange for Chinese investment in American farming as part of the promised trade deal between the two nations.

Trump Signs Off on Trade Deal With China to Avert December Tariffs

President Donald Trump signed off on a so-called phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.

Lawmakers Reach Deal on Defense Bill, Establishing US Space Force

Lawmakers reached an agreement on Dec. 9 for a compromise version of the National Defense Authorization Act (NDAA) that includes $738 billion for the Department of Defense to set national defense policy—as well as the authorization of the U.S. Space Force.

As Fed reiterates rate pause, forecasts likely to be blown off course

Friday’s booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond.

Europeans rap Iran for working on nuclear-capable missiles

France, Germany and the United Kingdom say Iran’s efforts to develop ‘nuclear-capable ballistic missiles’ go against a U.N. Security Council resolution calling on Tehran not to undertake any activity related to such missiles.

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