President Donald Trump said he would sign what he called a “very large and comprehensive” initial trade deal with China on January 15.
Trump had previously said the two leaders would have a signing ceremony for Phase One next month. Through the deal, first announced on December 13, China will increase purchases of American farm goods and be subject to lower tariffs on some goods.
The U.S. and China reached the deal after almost two years of an escalating trade war between the world’s largest economies. The U.S. said it would decrease current tariffs and cancel new tariffs. China will increase purchases of U.S. goods and services.
The White House will leave 25 percent tariffs on $250 billion in Chinese goods in place but halve tariffs to 7.5 percent on $120 billion in products such as smartphones.
Trump said he will go to Beijing to begin talks on the second phase of the trade deal "at a later date."
Members of a deeply conservative Amish community in Minnesota don't need to install septic systems to dispose of their “gray water,” the state Court of Appeals ruled Monday in a long-running religious freedom case that went all the way up to the U.S. Supreme Court.
The Associated Press reveals findings from SCOTUS ethics investigation.
Lawyers for former President Donald Trump are asking a judge to postpone his criminal trial without setting a new date as he stands accused of illegally hoarding classified documents at his Florida estate.
A court-appointed monitor is urging a judge to begin contempt proceedings against New York City over conditions at the troubled Rikers Island jail complex, setting the stage for a potential federal takeover of the jail system in the nation’s most populous city.
The Biden administration aims to control hidden healthcare fees.
Kansas must stop allowing transgender people to change the sex listed on their driver’s licenses, a state-court judge ordered Monday as part of a lawsuit filed by the state’s Republican attorney general.
President Joe Biden and King Charles III, two leaders who waited decades to reach the pinnacle of their careers, used their first meeting in those roles Monday to zero in on the generational challenge of climate change, prodding private companies to do more to bolster clean energy in developing countries.
Treasury Secretary Janet Yellen returned from China after a four-day trip there, calling it a "constructive visit."
Former Tennessee State Sen. Roy Herron died from injuries sustained in a jet ski accident.
Former New Jersey Gov. and current Republican presidential candidate Chris Christie took aim at Donald Trump, calling him a "three-time loser." He also criticized the probe against Hunter Biden and gave his stance on Social Security.
