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."
Vice President Kamala Harris will visit Wisconsin to tout the Biden administration's broadband and affordable connectivity policies.
The Biden administration approved a $500 million weapons sale to Taiwan.
A pre-trial detention was extended for The Wall Street Journal journalist Evan Gershkovich until Nov. 30 by Moscow.
Eight Republican presidential candidates took to the stage on Wednesday in Milwaukee for the first Republican primary debate of the 2024 election season.
The bodies of Russian mercenary chief Yevgeny Prigozhin and some of his top lieutenants killed in a Russian jet crash on Wednesday were sent to a nearby facility for medical and forensic analysis, according to Russian media.
Political strategist Jonathan Harris breaks down the highlights from Wednesday's first Republican presidential primary debate and how Former President Donald Trump's absence affected the event.
A scowling Donald Trump posed for a mug shot Thursday as he surrendered inside a jail in Atlanta on charges that he illegally schemed to overturn the 2020 election in Georgia, creating a historic and humbling visual underscoring the former president's escalating legal troubles.
Ramaswamy has crept up in recent polls, leading to his position next to Florida Gov. Ron DeSantis at center stage. He quickly took advantage of the spotlight, attacking the other candidates as "super PAC puppets" and drawing them into tit-for-tats that gave him more air time.
The former New York City mayor, charged as former President Donald Trump's chief co-conspirator in a plot to subvert the 2020 election, is charged with Trump and 17 other people under Georgia’s Racketeer Influenced and Corrupt Organizations Act.
The 4-1 ruling Wednesday departs from the court's own decision earlier this year to strike down a similar law from 2021.
