United States has refrained from labeling China a currency manipulator in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.
The United States has announced plans to withdraw from a 144-year-old postal treaty, which the White House says lets China ship goods at unfairly low prices. The United Nations treaty sets lower international rates for packages from certain countries, a move originally designed to support poorer nations.
The United States on Tuesday announced a US$ 10 million reward for information leading to the arrest of a man accused of leading Mexico’s powerful Jalisco New Generation Cartel, which the Justice Department considers to be one of the five most dangerous criminal organizations in the world.
US Vice President Mike Pence warned Central American nations to be cautious when building relations with China, which has been increasingly active in the region. Amid mounting tensions between the United States and China, Pence brought up ties with Beijing as he met in Washington with leaders of El Salvador, Guatemala and Honduras as well as Mexico's foreign secretary.
Saudi Arabia’s Crown Prince Mohammed bin Salman dismissed remarks by Donald Trump in which the U.S. president said he had warned the king he would not last in power “for two weeks” without U.S. military backing and demanded he pay up.
The 2018 Nobel Prize in Chemistry has been awarded to three scientists for their discoveries in enzyme research. Americans Frances Arnold and George P Smith will share the prize with Briton Gregory Winter, who is based at Cambridge University.
The trade dispute between the United States and China could well expand into other areas given the significant “ammunition” the two countries have, the director-general of the World Trade Organization (WTO) said on Wednesday.
North Korea will not see any economic sanctions lifted until it has demonstrated “complete denuclearisation”, US Secretary of State Mike Pompeo has said. Pompeo was speaking at a press conference in Seoul with his South Korean and Japanese counterparts.
Foreign banks and funds are set to benefit from a move by U.S. regulators to simplify a trading rule that foreign banks and regulators say has inadvertently complicated firms operating as far afield as Europe and Asia. The Federal Reserve, alongside other U.S. regulators, on Wednesday proposed rewriting the “Volcker Rule” introduced following the 2007-2009 financial crisis in a bid to simplify the regulation and make it easier for banks to comply.
We, the G7 foreign ministers, of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the High Representative of the European Union, are united in condemning, in the strongest possible terms, the attack that took place against Sergei and Yulia Skripal, using a nerve agent in Salisbury, United Kingdom, on March 4, 2018. A British police officer and numerous civilians were exposed in the attack and required hospital treatment, and the lives of many more innocent British civilians have been threatened. We express our deepest sympathies to them all and our admiration and support for the UK emergency services for their courageous response.