The US announced to impose 25 percent tariffs on billion worth of imports from China on June 15. Following that announcement, China said it will protect its own interests and levy tariffs on about billion worth of US imports based on the "equal scale and strength" principle, mainly targeting soybean, aquatic and automobile products.
The United States House of Representatives approved a new 4 billion economic stimulus bill that will provide more money for hospitals and small businesses. [Photo/Agencies]
The U.S. Supreme Court today rejected an appeal from Apple over an appellate court’s decision which?found that the company conspired with five publishers to raise e-book prices in an attempt to break Amazon’s hold on the market.
The United States' passing of the so-called "Hong Kong Human Rights and Democracy Act" would affect investor confidence in Hong Kong as an international financial center as well as its status as an independent tariff territory, economists warned.
The US repatriated 329 Americans this week from the Diamond Princess. Several American passengers onboard are still being treated in Japan, the CDC said. The number of cases in America is expected to rise based on infections developed on that ship.
The US Chamber of Commerce on Monday warned that failure to enact a meaningful pandemic package "risks a double-dip recession that will permanently shutter small businesses across the nation and leave millions of Americans with no means to support themselves and their families."
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The United States reportedly demanded around billion from South Korea for next year's upkeep cost for US soldiers here. South Korea agreed to pay about 0 million this year.
The US initiated a Section 301 investigation into so-called Chinese intellectual property theft in August, a move that has raised deep concerns that it might sabotage China-US trade ties.
The US has been using China as an excuse on the INF Treaty and other issues, and it is "hastily seeking to deploy intermediate-range missiles in Asia" after its withdrawal from the INF Treaty, Hua said.
The US growth is driven by research and a vision that encourages brilliance in ideas, while China is application- and results-driven, leading to a resilient Chinese model of entrepreneurship, Lee told a large congregation at the annual conference designed to showcase and encourage the creativity of young entrepreneurs.