Trump also threatened to further raise tariffs if Chinese President Xi Jinping fails to move more quickly to strike a trade deal.
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.
Australian Prime Minister Scott Morrison on Wednesday warned that “collateral damage” from trade spats between China and the United States were hurting smaller countries and threatening the global economy.
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.
President Joe Biden all set to unveil a target backed by the Detroit automakers for half of all cars sold in the United States by 2030 to be zero-emission vehicles, the White House announced.
Emirates and Aeromar have announced that they have entered into an interline partnership, which will provide seamless connectivity for customers between destinations in Mexico and United States via Mexico City to Emirates’ global network.
A total of 1,581 real estate and properties transactions were valued at Dhs7 billion in total during the week ending August,5, 2021, according to Dubai Land Department (DLD).