The United States Federal Reserve on Wednesday signalled they will soon lay out a plan to stop letting go of US$4 trillion in bonds and other assets, but policymakers are still debating how long their newly adopted “patient” stance on U.S. rates policy will last.
Huawei Technologies founder Ren Zhengfei said “there’s no way the US can crush us”, according to an interview he gave to BBC. “The world cannot leave us because we are more advanced. Even if they persuade more countries not to use us temporarily, we can always scale things down a bit,” he said.
Senator Bernie Sanders launched his second bid for the White House on Tuesday taking direct aim at Donald Trump in an announcement that called the incumbent a racist and a pathological liar. Sanders, 77, joins an already crowded field of candidates vying for the Democratic nomination to run against Trump in 2020.
President Donald Trump said on Monday that a new day is coming in Latin America, as he sought to rally support among the largest Venezuelan community in the U.S. for opposition leader Juan Guaidó. Speaking at Florida International University in Miami before large American and Venezuelan flags, Trump said the U.S. stands behind Guaido, whom the U.S. recognizes as the country's rightful president, and condemns President Nicolas Maduro's government and its socialist policies.
US-China trade talks aimed at ending a damaging tariff war will resume from this Tuesday in Washington, the White House has announced. The last set of talks ended Friday in Beijing with no deal, though US President Donald Trump said the discussions were going “extremely well” and suggested he could extend a Mar 1 truce deadline for an agreement to be reached.
Sixteen US states sued President Donald Trump's administration on Monday over his decision to declare a national emergency to fund a wall on the southern border with Mexico, saying the move violated the constitution. The lawsuit, filed in a federal court in California, said the president's order was contrary to the Presentment Clause that outlines legislative procedures and the Appropriations Clause, which defines Congress as the final arbiter of public funds.
United States President Donald Trump has promised European Commission President Jean-Claude Juncker that he will not impose additional import tariffs on European cars for the time being, Juncker was quoted in a published interview as saying on Monday.
A C-17 cargo plane of the United States Air Force took off Saturday from the Homestead Air Force Base, in Florida, with the Venezuelan-Colombian border as the destination. The aircraft is one of three that will transport 250 tons of food, hygiene kits and nutritional supplements, a congressional aide to the US Congress told the Associated Press (AP).
Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March. China said negotiations would now continue in the US next week.
President Donald Trump on Friday declared a national emergency in a bid to fund his promised wall at the U.S.-Mexico border without congressional approval, an action Democrats vowed to challenge as a violation of the U.S. Constitution.