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China says the deal would cover intellectual property protections and currency manipulation, but no details have been released.
The traffickers were caught with 11.9 kilograms of fentanyl — enough to kill nearly 6 million people, by the U.S. Drug Enforcement Administration’s standard.
At a congressional hearing, the CEO acknowledged he is not “the ideal messenger” for Facebook’s digital currency plan, but said innovation is essential to American financial leadership.
China is considered the motherland of aquarium goldfish, bred over centuries into rare forms. Now tariffs have some U.S. sellers of these goldfish in a tailspin.
As part of the deal, the next round of 30% tariffs will not be imposed. More agriculture trade between the two countries is expected.
China’s economic growth has been slowing down for years. Tariffs have contributed to slower growth since early 2018, when the economic standoff began, but it’s hard to pinpoint how much.
China says it will slap tariffs on autos and thousands of other U.S. goods. It’s an escalation of a trade war that has rippled through the world economy and raised U.S. recession fears.
The Trump administration is postponing some tariffs on Chinese imports set to take effect on Sept.1. Tariffs on laptops, cellphones, some clothing and other items are now set to begin Dec. 15.
Stocks resumed their slide, amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that’s already slowing. Central banks in Asia and New Zealand cut rates.
The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.