Donald Trump, accompanied by Sen. Ron Johnson, R-Wis., arrives at Green Bay Austin Straubel International Airport. Associated Press
Trade talks between the US and China broke up on Friday with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in US seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing.
The United States will not impose any new tariffs on China for now, President Donald Trump said on Saturday after high-stakes talks with his Chinese counterpart on the bruising trade war.
The non-oil trade between the UAE and China increased by 78.5 per cent from 2012 to 2021, totalling Dhs223.5 billion by the end of 2021 compared to Dhs125.1 billion in 2012.
The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS), organised by Dubai Electricity and Water Authority (Dewa), saw a large turnout of visitors in its 24th edition.
Tesla CEO Elon Musk said the electric vehicle maker’s eagerly anticipated humanoid robot ‘Optimus’ would cost under $20,000 and cautioned it still had way to go before becoming fully functional.