Companies in the United States are paying almost all the costs from tariffs on Chinese imports, International Monetary Fund (IMF) researchers said in findings that contradict US President Donald Trump's assertions that China is footing the bill.
The Mexican government increased its tariff-free chicken import quota by 55,000 tons due to crimped domestic production amid avian flu outbreaks.
The presidents of Peru, Colombia, Ecuador and Bolivia criticized a recent decision by the organization that manages internet protocol to grant global retailer Amazon the rights to the .amazon domain.
US President Donald Trump unveiled a new US$16 billion aid package to help farmers caught in the crossfire of his trade war with China. “The farmers have been attacked by China,” Trump told reporters at the White House. “We're going to help out our farmers and we're giving them that level playing field that is so important.”
US stocks fell back into the red on Wednesday, putting equities down for three of the last four sessions as investors reacted to reports of possible new US-China trade frictions.
Iran's youth will witness the demise of Israel and American civilization, Iran's Supreme Leader Ayatollah Ali Khamenei said on Wednesday in comments published on his official website.
The United States is at least a month from enacting its proposed tariffs on US$ 300 billion in Chinese imports as it studies the impact on US consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
A US judge on Monday ruled in favor of a US House of Representatives committee seeking President Donald Trump's financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress.
President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.
The United States private sector's mounting debts pose a moderate risk to the world's largest economy, Federal Reserve Chairman Jerome Powell said on Monday.