
China is considering cancelling a planned Washington trip this week by the country's top trade negotiator, the Wall Street Journal reported on Sunday. Beijing was surprised by US President Donald Trump's threat to levy new tariffs on trade with the country, the Journal reported, citing a person it didn't identify. The country doesn't want to negotiate under threat, the newspaper said.

US President Donald Trump and his Russian counterpart Vladimir Putin on Friday discussed the crisis in oil-rich Venezuela, where Washington has thrown its weight behind a campaign to oust the Moscow-backed socialist president.

US Secretary of State Mike Pompeo will hold talks with his Russian counterpart Sergey Lavrov on the sidelines of the Arctic Council meeting, which begins Monday in the city of Rovaniemi. The tension in Venezuela will mark the meeting where

House Speaker Nancy Pelosi on Thursday accused the top US law-enforcement officer of committing a crime by lying to Congress, escalating the showdown between Donald Trump's administration and the Democrats investigating him.

The US Federal Reserve has kept interest rates on hold despite pressure from President Donald Trump to announce a cut. The central bank said borrowing costs will remain at between 2.25%-2.5%.

President Donald Trump slammed the Federal Reserve on Tuesday for incessantly raising interest rates and said cutting rates by a full point would make the economy surge.

US President Donald Trump, three of his children and one of his companies filed a federal lawsuit on Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings.

The US and China are due to begin a fresh round of talks in Beijing on Tuesday as they edge closer to resolving their damaging trade dispute. The discussions will be led by US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.

The European Union has warned US President Donald Trump's that his rejection of a UN treaty designed to regulate the global arms trade would hamper the global fight against illicit weapons trafficking.

The US economy grew much faster than expected in the first quarter of the year, helped by a jump in exports and by firms building up stocks of goods. The economy expanded at an annualized pace of 3.2% in the January-to-March period, well above analysts' forecasts.