US President Donald Trump confirmed Thursday afternoon that levies against billion worth of Chinese imports will kick in as scheduled. The duties would start at 12:01 am Friday, the US Trade Representative Office said earlier in the day.
US Secretary of State Mike Pompeo held separate phone conversations with Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev, according to a statement issued by the State Department earlier in the day.
US companies in China have also taken a hard hit from the trade conflict. According to a survey by the US-China Business Council, or USCBC, 86 percent of its members report that bilateral trade tensions have affected their business with China.
US food giants KFC and McDonald's were among the international brands that moved into China during the period, along with rivals such as Subway and PizzaHut. Interestingly, the difference in the meaning of the word "lunch" for Chinese people and Westerners made their roles different in China, too. For many in the West, lunch is often a sandwich or roll, ordered to go and eaten on the run within half an hour.
US President Donald Trump tweeted "Play College Football!" on Monday. At a news briefing Wednesday, Trump said that players' health would be better protected on a football field than in the outside world. He also spoke by phone with Lawrence and LSU Coach Ed Orgeron, supporting their desire to play.
US President-elect Joe Biden waves as he leaves the Queen Theater after receiving a briefing on national security wiith advisors on November 17, 2020 in Wilmington, Delaware. [Photo/Agencies]
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US President Donald Trump looks on during the daily Coronavirus-related briefing at the White House in Washington, March 9, 2020. [Photo/Agencies]
US, Canadian and Mexican stocks were trading higher on Monday, with the benchmark S&P 500 index rising more than 0.7 percent and the Toronto Stock Exchange's S&P/TSX index gaining about 0.4 percent.
US economic growth slowed to 2.3 percent in 2019 from 2.9 percent in 2018 amid uncertainty stemming from trade tensions and weakness in global growth.
US envoy for DPRK Stephen Biegun (centre R) arrives at Incheon international airport, February 3, 2019. [Photo/VCG]