China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump.
U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed.
A parade of U.S. diplomats will head to Capitol Hill for closed-door testimony this week as Democrats build their impeachment case against President Donald Trump, while the White House considers ways to slow down the process.
The United States was discussing with Saudi Arabia and other Gulf allies possible responses to an attack on Saudi oil facilities they blame on Iran and which Secretary of State Mike Pompeo described as an act of war on the kingdom.
President Donald Trump on Tuesday said he would probably order new tariffs on all Mexican goods imported to the United States next week despite a diplomatic push to avoid the levies, citing high flows of migrants entering the United States from Mexico.
President Donald Trump warned on Monday Iran would be met with “great force” if it attacked U.S. interests in the Middle East, and government sources said Washington strongly suspects Shi’ite militias with ties to Tehran were behind a rocket attack in Baghdad’s Green Zone.
The United States has temporarily eased trade restrictions on China’s Huawei to minimize disruption for its customers, a move the founder of the world’s largest telecoms equipment maker said meant little because it was already prepared for U.S. action.
A senior Iranian Revolutionary Guards commander said on Sunday the U.S. military presence in the Gulf used to be a serious threat but now represents a target, the Iranian Students’ News Agency (ISNA) reported.