The US Commerce Department placed Huawei on its "entity list" in May 2019, citing national security concerns. The listing restricted sales of US goods and technology to the company and raised questions about how US firms could participate in organizations that establish industry standards.
The United States is using a decades-old law to impose the tariffs on the ground of national security, which has drawn strong opposition from the domestic business community and US trading partners.
The US Navy said last week that 11 IRGC Navy vessels "repeatedly conducted dangerous & harassing approaches against US naval ships operating in international waters of the North Arabian Gulf."
The US now has the world's largest number of confirmed cases of COVID-19, with at least 50,243 losing their lives to the virus as of April 24. Here is a timeline showing how US President Donald Trump mishandled the coronavirus outbreak in the US.
The US Senate overwhelmingly passed the funding package on Thursday, following a similar bipartisan approval by the House of Representatives a day earlier.
The UK government's Newton Fund, which promotes economic development and social welfare in 16 partner countries, is calling on British organizations to apply for a share of up to 8 million pounds (.4 million) to fund work on innovative agricultural solutions for China.
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The US economy expanded at an annual rate of 1.9 percent in the third quarter of the year, slightly lower than the 2-percent growth rate in the second quarter, the Commerce Department reported earlier on Wednesday. This marks a further deceleration from the first quarter's 3.1 percent growth rate.
The US Chamber of Commerce, the largest business group in the country, also strongly opposed the Trump administration's threat to impose tariffs on auto imports in the name of national security.
The US Federal Reserve is unlikely to adopt negative interest rates to boost the economy during the downturn caused by the coronavirus pandemic, The Wall Street Journal reported. Negative rates would hurt the banking industry and would be used only as a last resort, the Journal said.
The US Senate passed the so-called Hong Kong Human Rights and Democracy Act of 2019 on Tuesday. US Senator Macro Rubio tweeted: "Hong Kong we hear you. We continue to stand with you. Tonight the Senate passed my Hong Kong Human Rights and Democracy Act."