In response, China quickly announced it would put the same amount of tariffs on billion in US products including auto and energy products.
In reinstating the measures, the US Treasury Department imposed penalties on more than 700 Iranian and Iranian-linked individuals, entities, aircraft and vessels.
In spring, many colleges were forced to refund millions of dollars in room-and-board charges to students sent home that semester, putting another dent in their budgets.
In terms of the demand side, as snacks, traditionally luxuries, are transforming into necessities. Chinese people have a strong demand for new snacks with higher quality, showing great spending power.
In that sense, holding China responsible for the bilateral trade deficit does not make sense.
In recent years, nuclear technology has begun being used on a large scale in irradiation processing, nuclear medicine, and public security in China.
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In that letter, Bezos said Amazon would not turn the patent over to the public domain but implored the federal government to reduce the lifespan of business method and software patents from 17 years to three to five.
In recent years, China has reduced the number of restricted measures on foreign investment by nearly two-thirds, and also significantly reformed the approval system for foreign investment.
In terms of the environment, China has suffered from pollution like any other industrial country. Naturally, this is a national challenge.
In some cases, travel restrictions due to the coronavirus pandemic have made it difficult for pilots to safely enter the US and, perhaps, return home. This could slow testing of the automated flight system's updated software.