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US President Donald Trump on Monday toned down talk of a trade war with China by indicating that a deal could be reached.
US automotive components and parts supplier BorgWarner Inc has also decided to place its regional headquarters in Shanghai. Tan Yuesheng, the company's president in China, explained that Shanghai has a significant advantage in terms of industrial capacity, investment and trade. No more than 3 percent of the products made in its China facilities are for export.
US House Speaker Nancy Pelosi (3rd L) speaks during a press conference in Washington DC, the United States, on Jan 15, 2020. [Photo/Xinhua]
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US Senator Cory Booker of New Jersey, in calling out the former vice-president on favoring giving visas to "PhDs", said it was that type of division on immigration that Republicans were supporting. Booker also chastised Biden for invoking "President Obama more than anyone in this campaign".
Uber now has small pilots in Tempe, Arizona, and Pittsburgh, Pennsylvania. Although it has acquired the necessary California permit, it still does not have self-driving cars transporting passengers there.
US-China trade soared from .8 billion in 1980 (already four times the 1978 total) to more than 6 billion by the turn of the century.
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US President Donald Trump has been harshly critical of German automakers and what he sees as an unfair trade imbalance in autos.
US whiskey makers say they see great demand and rapid growth in China, but right now they also see both being hurt if China imposes a 25 percent tariff.
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US retail sales plunged 8.7 percent in March from a month earlier, the biggest decline since the government started tracking the series in 1992, as store shutdowns and job cuts caused by the coronavirus pandemic forced shoppers to cut back, the Commerce Department reported Wednesday.
US President Donald Trump signed an executive order on Monday at the White House, which he said is "imposing hard-hitting sanctions on the supreme leader of Iran and the office of the supreme leader of Iran and many others."
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