President Donald Trump plans to nominate Patrick Shanahan, a former Boeing Co executive, as his defense secretary, the White House said on Thursday, breaking with tradition by choosing someone who made a career at a top defense company as Pentagon chief.
Top US and Chinese trade negotiators concluded the first of two days of talks on Thursday to rescue a trade deal that is close to collapsing as Washington prepares to go ahead with plans to hike tariffs on hundreds of billions of dollars of goods imported from China.
US Secretary of State Mike Pompeo has made a blistering attack against China as he stepped up pressure on Britain, warning that US intelligence-sharing could be risked by the involvement of a Chinese company in a new British telecommunications network.
The intelligence of Nicolás Maduro's regime detained Edgar Zambrano, vice president of the National Assembly (AN) of Venezuela, on Wednesday, after having supported the military uprising on April 30 against the authoritarian mandatory in the framework of the final phase of Operation Freedom, led by Parliament’s president, Juan Guaidó.
Asian markets once again fell into the red on Thursday as investors anxiously await the start of high-stakes trade talks between China and the United States. After several rounds of negotiations, the two-day meeting in Washington, which kicks off later in the day, has taken on huge significance after Donald Trump threatened to ramp up tariffs on Chinese goods from Friday blaming backsliding by Beijing.
The US has lifted sanctions on a Venezuelan general who broke ranks from the Nicolás Maduro regime, saying it hoped it would push others to follow. Vice-President Mike Pence on Tuesday said the US would “consider sanctions relief for all those who step up”.
US objections to the wording on climate change prevented Arctic nations signing a joint statement at a summit in Finland, delegates said. It is the first time such a statement has been cancelled since the Arctic Council was set up in 1996.
US President Donald Trump's businesses lost a total of more than US$1 billion from 1985 to 1994, according to the New York Times, which said it obtained printouts from Trump's official Internal Revenue Service tax transcripts.
Huawei Technologies' chief financial officer is set to return to a Vancouver courtroom this Wednesday ahead of planned extradition hearings as deteriorating relations with China over her arrest exact a growing toll on Canada.
A red wave swept across Asia trading floors on Wednesday as investors grow increasingly concerned that the China-US trade deal, which appeared all by ready to sign, could fall through.