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."
President Joe Biden has chosen a new leader for the National Security Agency and U.S. Cyber Command, a joint position that oversees much of America's cyber warfare and defense.
Attorneys general across the U.S. joined in a lawsuit against a telecommunications company accused of making more than 7.5 billion robocalls to people on the national Do Not Call Registry.
Abortion will soon be severely restricted in one of the last bastions for legal access in the U.S. South.
Donald Trump threw up his hands in frustration Tuesday as a judge scheduled his criminal trial for March 25, putting the former president and current candidate in a Manhattan courtroom in the heat of next year’s presidential primary season.
What to expect Wednesday, May 24, 2023
Republican Nebraska Gov. Jim Pillen signed a bill Monday that bans abortion at 12 weeks of pregnancy and restricts gender-affirming medical care for people younger than 19.
Democratic Sen. Tom Carper of Delaware announced Monday that he will not seek reelection to a fifth term in the U.S. Senate.
he company argues the law is an unconstitutional violation of free speech based on “unfounded speculation” that the Chinese government could access users’ data.
If the fight with Congress over raising the government's debt limit is such a dire threat, why doesn't President Joe Biden just raise the borrowing ceiling himself? It's theoretically possible, but he's all but ruled it out for now.
The laws are “openly hostile toward African Americans, people of color and LGBTQ+ individuals," the NAACP wrote over the weekend.
