China to send delegation for USA talks to avert trade war
17 August, 2018, 13:57 | Author: Salvatore Jensen
The ministry reiterated in the statement that China is against unilateralism and trade protectionism, and won't accept any unilateral trade restrictions.
The latest headlines crossing the wires concerning China-US trade spat, cites that China's Vice Commerce Minister is said to visit the US for trade talks.
News of the upcoming talks helped Chinese stocks stem losses.
The Chinese delegation will be led by Vice Commerce Minister Wang Shouwen, who will hold talks with David Malpass, the US Treasury Department's under secretary for global affairs, according to the Chinese statement.
While the engagement was seen by analysts and business officials as positive, they cautioned that the talks were unlikely to lead to a breakthrough, given they involve lower-level officials, led on the U.S. side by the Treasury Department, not the U.S. Trade Representative (USTR).
China and the United States have implemented several rounds of tit-for-tat tariffs on each others goods since the start of the year and have threatened further tariffs on exports worth hundreds of billions of dollars.
Trump has insisted on imposing tariffs on China and some USA allies for national security reasons, even as Republicans and Democrats alike have warned that the policy will ultimately hurt American workers.
The lira posted gains on forex markets for the first time after days of losses, giving the currency much-needed respite. Turkish President Tayyip Erdogan attends a news conference in Ankara , Turkey, Aug. 14, 2018.
During a recent monologue, Todd Starnes was glad Strzok was finally fired, but wondered why it took so long to happen. Francis Rooney, R-Fla., wished for a "purge" of Justice Department officials who don't like President Donald Trump .
He and his teammates were out celebrating England's win against the West Indies when a fight broke out and led to Stokes' arrest. Stokes and Ali tussled and fell to the floor and when the sportsman got back to his feet Mr Hale was stood in front of him.
In her " Meet the Press " appearance Sunday, however, Newman told Chuck Todd that she knows of the recording . On Saturday, Trump blasted Newman as a " lowlife " in response to questions from reporters about her claims.
Add Republican Party as an interest to stay up to date on the latest Republican Party news, video, and analysis from ABC News. UPDATE: After tweeting about Brennan and Blumenthal, Trump followed it up with more direct from Fox News quotes.
Samsung "hopes" the Galaxy Note 9 will sell better than the Galaxy Note 8 , thanks to the phone's top-end specifications. Samsung also previewed a new voice-assisted speaker, the Galaxy Home , using its homegrown digital assistant, Bixby.
On Tuesday the lira recovered some ground, trading at 6.53 to the dollar at 0918 GMT, up around five percent on the day. The U.S. media said the decision was related to the current state of Turkish-American relations and the Brunson case.
A Musk investigation might be a best-case scenario for Tesla shorts, but CNBC's Jim Cramer said an investigation is a longshot. Irons has a small position in out-of-the money put options on Tesla that make money if the stock declines.
We will work to improve the situation in the provinces, he said, adding that they will introduce a new local government system. The PML-N president Shehbaz Sharif has been named as the opposition's candidate for the office of the prime minister.
Afghan officials, Taliban both claim city
Washington has held preliminary talks with the insurgents in an attempt to find a negotiated end to Afghanistan's protracted war. The Taliban say they met with Alice Wells, the top US diplomat for South Asia, in Qatar last month for preliminary talks.
4 things Arsenal must do to defeat Manchester City
Manchester City were the runaway Champions last season as they finished with an extraordinary tally of 100 points. Every supporter wants to do their best and of course, winning the Community Shield this week was so good.
Best meteor shower of 2018 takes place over Ireland tonight
The meteor shower will peak overnight into Monday, with 70 meteors visible each hour, according to the Royal Astronomical Society. But no matter if the clouds or smoke clear, "you still need to get away from the light pollution of cities", Meteorologist M.J.
Economic turmoil hits Turkey, US bank stocks react
A Russian government statement said the two discussed economic and trade ties, including the success of several joint projects. Turkey's currency has nosedived amid concerns about the country's economic policies and its dispute with the US.
The Brazilian Ronaldo Gives Update After Health Scare
Retired Brazilian striker Ronaldo is reportedly in intensive care in an Ibiza hospital after coming down with pneumonia . Pneumonia is swelling of the tissue in one or both lungs and is usually caused by a bacterial infection.
Chelsea to sell Tiemoue Bakayoko
Sarri told reporters on Friday that he was looking to operate a squad of around 22 players with only a few youngsters. Willian added: "I have my head here and I intend to continue in the club unless the club wants to sell me".
Hurricane John absorbs tropical storm off Mexico
A trough is then forecast to take Debby on a northeasterly track afterward, but fall apart afterward. It was centered about 1,255 miles (2,020 kilometers) west-southwest of the southern tip of the Baja.