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.
Inspiring bespoke projections and a speech by the United Nations Deputy Secretary-General at Al Wasl Plaza at the Expo 2020 Dubai on Saturday evening proved a spectacular start to the World Expo’s Global Goals Week.
Grenada celebrated its Expo 2020 Dubai National Day in colourful fashion as the Island of Spice provided the Caribbean flavour at Al Wasl Plaza.
The production capacity of the first project of the fifth phase of the Mohammed Bin Rashid Al Maktoum Solar Park has increased from 300 megawatts (MW) to 330MW,
The Government of Khyber Pukhtunkhwa (KP) during the Investment conference in Dubai has signed $8 billion worth 44 Memorandum of Understandings (MoUs) with a number of UAE based firms as well as Egypt, Malaysia, Lebanon and others.