The countries have exchanged tariffs on $360 billion in a two-way trade.
China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as US tariffs and weaker domestic demand ramped up pressure on new orders for goods.
The White House said on Friday that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan.
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 and China have agreed to a tentative truce in their trade dispute ahead of a meeting between leaders of the two nations at the G20 summit this weekend, the South China Morning Post reported on Thursday, citing sources.
United Arab Emirates (UAE) Minister of State for Foreign Trade Dr Thani Bin Ahmed Al Zeyoudi discussed expanding UAE-US trade and commercial activity during bilateral meetings
Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, on Thursday
Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), on Thursday announced the launch of the region’s first AI Centre of Excellence (CoE).