China and the US

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U.S. bracing for space war with China - Bloomberg

U.S. bracing for space war with China - Bloomberg

The U.S. intelligence community is updating its assessment of space warfare capabilities of Russia and China. Air Force General John Hyten requested the National Intelligence Estimate before he left his prior command at …

U.S.-China trade war to be over soon?

U.S.-China trade war to be over soon?

China and the United States have agreed to lift tariffs on each other’s goods in phases, Bloomberg reported citing Chinese commerce ministry spokesman Gao Feng. According to The Wall Street Journal, the stage-one …

U.S. farm sales to China may hit pre-trade war level by election

U.S. farm sales to China may hit pre-trade war level by election

U.S. farmers may return to pre-trade war levels of sales to China in time for the presidential election year, relieving economic pressure on one of Donald Trump’s key political constituencies as he campaigns for a second term and fights …

Trump announces "phase one" trade deal reached with China

Trump announces "phase one" trade deal reached with China

The U.S. has reached a preliminary trade deal with China, President Donald Trump announced, CBS reports. As part of the deal, China has agreed to some intellectual property protections and will step up U.S. agricultural purchases. In …

 China willing to resolve trade dispute with U.S.

China willing to resolve trade dispute with U.S.

China is willing to resolve its trade dispute with the United States through calm negotiations, Chinese Vice Premier Liu He said at a tech conference in Chongqing. According to him, Beijing resolutely opposes …

 Trump explains why he delayed China tariffs

Trump explains why he delayed China tariffs

U.S. President Donald Trump said he is delaying some tariffs on Chinese imports ahead of the Christmas season to stem their potential impact on holiday shopping. "We’re doing this for the Christmas …

Are U.S. recession concerns rising with trade war?

Are U.S. recession concerns rising with trade war?

Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth, Bloomberg reported citing a research note. The U.S. investment bank said it no longer …

Beijing sets yuan at its weakest level since 2008

Beijing sets yuan at its weakest level since 2008

China’s yuan inched up in early trade today, despite the central bank setting its official midpoint past the key seven to the dollar threshold for the first time since global financial crisis. The People's Bank of China (PBOC) …

Oreshkin: Russia may replace some U.S. goods for China

Oreshkin: Russia may replace some U.S. goods for China

Russia and China are in talks on various fields of cooperation including Moscow’s replacement of some U.S. goods for China and shifting China to the Russian market, Russian Economic Development Minister Maxim Oreshkin …

 Bolton explains why U.S. withdraws from INF Treaty

Bolton explains why U.S. withdraws from INF Treaty

U.S. National Security Adviser John Bolton said Washington's decision to withdraw from the Intermediate-Range Nuclear Forces Treaty was also made because of China's steps. Bolton made the comment on …

Oil prices climb on short-covering after decline

Oil prices climb on short-covering after decline

Oil prices rose more than 1% this morning as traders betting on falling prices bought back contracts to lock in profits after declines over the last three sessions due to the escalating trade tensions between China and United States. …

 China threatens to respond to U.S. tariff hike

China threatens to respond to U.S. tariff hike

  China is ready to respond to the U.S. tariff increase announced by President Donald Trump, Chinese Foreign Ministry Spokesperson Hua Chunying said today at a regular briefing. "If the U.S. is …