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."
Hunter Biden was indicted Thursday on federal firearms charges, the latest and weightiest step yet in a long-running investigation into the president’s son.
States and Native American tribes will have greater authority to block energy projects such as natural gas pipelines that could pollute rivers and streams under a final rule issued Thursday by the Biden administration.
A federal judge has declared the DACA immigration program illegal but will allow the policy to continue for existing recipients.
A judge in former President Donald Trump's Georgia election case rejected the prosecution's request to try all of the co-defendants together.
Florida Gov. and presidential candidate Ron DeSantis said he does not support criminal penalties for women who get abortions.
Hunter Biden has sued a former Trump White House aide over his alleged role in publishing emails and personal photos online.
A federal judge has declared the DACA immigration program illegal but will allow the policy to continue for existing recipients.
A federal judge has declared illegal a revised version of a federal policy that prevents the deportation of hundreds of thousands of immigrants brought to the U.S. as children.
U.S. Rep. Mary Peltola’s husband has died in an airplane crash, her office said in a statement Wednesday.
A request by Mark Meadows for an emergency stay on a ruling that sent his Georgia election interference case back to state court has been denied.
