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."
The Environmental Protection Agency is tightening rules that limit emissions of mercury and other harmful pollutants from coal-fired power plants.
King Charles III’s wife has been officially identified as Queen Camilla for the first time, with Buckingham Palace using the title on invitations for the monarch’s May 6 coronation.
Tax payers are getting less bang for their buck in 2023. The IRS said the government has so far issued $172 billion in refunds. That's down 9 percent from a year ago, and the average refund is down from roughly $3,2000 to $2,900. However, the overall number of people to get refunds is up 3 percent.
Doctors accused of not providing enough care to infants delivered alive during certain kinds of abortion procedures in Kansas could face lawsuits and criminal charges under a bill that won final approval Tuesday in the state's Republican-controlled Legislature.
Some 9.2 million lead pipes carry water into homes across the U.S., with more in Florida than any other state, according to a new Environmental Protection Agency survey that will dictate how billions of dollars to find and replace those pipes are spent.
Former President Donald Trump has been warned by the judge in his criminal case to avoid making comments that are inflammatory or could cause civil unrest.
The incoming majority is expected to rule on a challenge to the state's 1849 abortion ban. The current court, under a 4-3 conservative majority, came within one vote of overturning President Joe Biden’s win in the state in 2020.
Tuesday's win is a major victory for the Democratic Party’s progressive wing as the nation’s third-largest city grapples with high crime and financial challenges.
Voters are heading to the polls in Chicago to vote for either Brandon Johnson or Paul Vallas as new mayor.
Breaking Down Potential Felony Charges Former President Donald Trump Faces
