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US stocks opened lower Monday and slid in early trading, giving up some of last week's gains as investors continued to assess the impact of the coronavirus pandemic on the economy.
US President Trump tweets hours before meeting with DPRK leader Kim Jong-un: "We will all know soon whether or not a real deal, unlike those of the past, can happen!"
US President Donald Trump campaigned on a platform to renegotiate NAFTA, in place since 1994, saying the agreement gave unfair advantage to Mexico and Canada.
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US Treasury Secretary Steven Mnuchin led a senior trade delegation to Beijing early this month for talks with Chinese officials. While both sides have reached some consensus, major differences remain.
URUMQI - Urumqi in Northwest China's Xinjiang Uygur autonomous region has worked to ensure sufficient medicine and food supply amid a resurgence of COVID-19 infections.
US electric vehicle (EV) maker Tesla's further price cuts in China, announced at the beginning of this month, may pose a challenge to Chinese high-end electric vehicle makers, experts said.
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US tariffs on Chinese auto parts will probably result in higher prices and could disrupt the global automotive supply chain industry, analysts said.
US Commerce Secretary Wilbur Ross, who oversees the ZTE case, was reportedly scheduled to travel to Beijing next week.
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US companies were enjoying a very favorable tax policy in China by paying only 10 percent corporate tax while the tax rate for Chinese companies was over 30 percent.
US President Donald Trump's announcement on Friday that he will declare a national emergency in order to build a wall along the Mexican border appears likely to face strong political pushback.
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