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."
Two former Georgia election workers who won a $148 million defamation judgement against Rudy Giuliani are asking for a court order barring him from continuing to repeat the lies he spread about them following the 2020 election.
A federal appeals court on Monday ruled that former Trump White House chief of staff Mark Meadows cannot move charges related to efforts to overturn the 2020 election in Georgia to federal court.
A federal judge has issued a temporary restraining order barring removal of a memorial to Confederate soldiers at Arlington National Cemetery.
The U.S. Justice Department has created a database to track records of misconduct by federal law enforcement officers that is aimed at preventing agencies from unknowingly hiring problem officers, officials said on Monday.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
In the Red Sea this morning, a U.S. warship, the USS Carney responded to a distress call by a commercial vessel after it came under attack.
The Florida GOP suspended its chairman yesterday amid a police investigation into a rape accusation against him.
Lawmakers may finally be close to a deal for a new border security bill.
A car crashed into a parked Secret Service SUV that was guarding President Biden's motorcade in Delaware on Sunday.
A car plowed into a parked SUV that was guarding President Joe Biden’s motorcade Sunday night while the president was leaving a visit to his campaign headquarters.
