China and the United States have agreed to roll back tariffs on each others' goods as part of the first phase of a trade deal, officials from both sides said on Thursday offering a new sign of progress despite ongoing divisions about the months-long dispute.
Global meat shippers have three years to make the most of the outbreak of fatal pig disease in China before Chinese pork imports peak, according to a report released by the U.S. pork industry, which is competing for sales against Europe and South America.
The United States and China are working to narrow their differences enough to sign a “phase one” trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece.
Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses.
China has agreed to resume imports of Canadian beef and pork, Prime Minister Justin Trudeau announced on Tuesday, signaling a breakthrough in their tense relations.
President Xi Jinping on Tuesday pledged to further open China's economy, declaring the world must “tear down walls” as he opened an annual trade fair in Shanghai.
African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organization for Animal Health (OIE) said on Wednesday.
Britain and other European countries must accept some responsibility for the deaths of 39 people, believed to be Chinese nationals, found dead in a refrigerated truck near London, the state-backed Global Times said on Friday.
China is seizing on violent protests in Europe and South America to bolster its condemnation of demonstrations in Hong Kong and defend its handling of the unrest.
There are many factors that affect the value of currencies and influence the flow of foreign exchange, but few have a more significant impact than a trade war.