U.S. and Chinese officials spoke by telephone on Thursday as the world’s two largest economies seek to end a year-long trade war, with U.S. Treasury Secretary Steven Mnuchin suggesting in-person talks could follow.
The U.S. Treasury Department on July 18 imposed additional sanctions on Iran that target its nuclear-enrichment program.
The Chinese economy has suffered a loss of momentum in the second quarter, with the GDP falling to 6.2 % from a 6.4 % expansion in the first three months of the year, figures released by the National Bureau of Statistics showed on Monday.
China’s Communist thought transformation camps were recently exposed in a BBC report that toured one of the facilities where more than a million Uighur Muslims have been imprisoned.
More information has surfaced regarding the lockup of 100 members of the Early Rain Covenant Church in Chengdu, China, in December.
Iran, Syria, and Iraq signed an agreement Wednesday, July 3rd, to construct an Iran-funded railway from Shalamcheh in the Islamic Republic to the Mediterranean coastal city of Lattakia in Syria, bypassing trade waterways typically patrolled by the US.
The United States and China are set to relaunch trade talks this week after a two-month hiatus, but a year after their trade war began there is little sign their differences have narrowed.
The greenback fell Wednesday after President Donald Trump said in a tweet that the U.S. should match China and Europe’s ‘currency manipulation game.’
The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened.
Europe has found a way of circumventing U.S. sanctions on Iran. The governments of France, Germany and the United Kingdom have developed a special purpose vehicle (SPV) to enable European businesses to maintain non-dollar trade with Iran without breaking U.S. sanctions. That SPV, known as INSTEX, is now up and running.
The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.
Acting Defense Secretary Mark Esper met with NATO officials in Brussels Thursday, the same day special envoy Brian Hook was in Paris to drum up support from nuclear deal partners for the US’s position on Iran.
Heading into what is likely his most consequential overseas trip of the year, President Trump will be forced to grapple with a flurry of international crises, tense negotiations, and a growing global to-do list.
U.S. President Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree.
Defending the land, sea and airspace of NATO members may soon no longer suffice. At the organization’s Brussels summit this week, NATO defense ministers have for the first time ever discussed branching out into space defense.
Representatives for major American Bible publishers met with the U.S. International Trade Commission on Tuesday and Wednesday, hoping to apprise the Trump administration of potential effects on Bible manufacture in the US-China trade war.
Russia and China are concocting a plan to circumvent US sanctions on Iran.
China is seeking to deter the US from its current Iran policy, Reuters reports.
China’s maritime early warning radar system is immune to ‘radar killer’ missiles and is capable of detecting stealth aircraft, according to its developer in a recent interview with media.
Russia and China have blocked the U.N. Security Council committee monitoring sanctions against North Korea from declaring that Pyongyang breached the annual limit for importing refined petroleum products which are key for its economy, two U.N. diplomats said Tuesday.