United States has formally launched an investigation into China's policies regarding intellectual property. The top US trade official, Robert Lighthizer, said his office had determined that these critical issues merit a thorough investigation.
Argentina has agreed to allow imports of U.S. pork products for the first time since 1992, the White House said in a statement on Thursday. “Today’s announcement is a big win for American pork producers and proves that President Trump is getting real results for America’s farmers and ranchers,” said Vice President Pence.
Steve Bannon is set to return to his previous position at Breitbart News after he was forced to resign from his post Friday as White House chief strategist, the news outlet announced late Friday. White House press secretary Sarah Sanders said the departure, effective Friday, was “mutually agreed” to by Bannon and Chief of Staff John Kelly. “We are grateful for his service and wish him the best,” Sanders added in a statement.
United States president Trump is dropping plans to create an advisory group on infrastructure, a day after two other business panels were dissolved. The president has faced a backlash from business leaders over his remarks this week on white supremacists.
President Trump has said he is scrapping two business councils after more bosses quit over his handling of violent clashes in Virginia. Business leaders left the White House manufacturing council after the backlash against how he reacted to the far-right rally last weekend.
United Kingdom Prime Minister Theresa May has said it is important to condemn far-right views wherever we hear them as she was asked about Donald Trump's response to clashes in the United States. The PM said: I see no equivalence between those who propound fascist views and those who oppose them.
President Donald Trump has asked his country's top trade official to review China's practices regarding intellectual property. The move was incremental, but could eventually lead to the US imposing trade sanctions.
Prices in the United States rose by less than expected last month, as inflation in the economy remained tame. The Labor Department's Consumer Price Index (CPI) inched up 0.1% last month, only a slight improvement on a stagnant June figure. Economists polled by Reuters had expected a 0.2% month-on-month increase.
U.S. President Donald Trump's threat of military intervention in Venezuela was “an act of craziness,” the country's Defense Minister Vladimir Padrino said on Friday. Venezuela's foreign ministry was expected to issue a statement on Saturday responding to Trump's comment that “a possible military option” was under consideration for the crisis-racked nation.
Washington imposed sanctions on eight Venezuelan officials on Wednesday for their role in creating an all-powerful legislative body loyal to President Nicolas Maduro, while a mayor-turned-fugitive called for more anti-government protests. The new U.S. sanctions targeted politicians (including a brother of ex leader Hugo Chavez) and security figures but stopped short of actions against Venezuela's vital oil industry.