US Senator Al Franken of Minnesota announced on Thursday that he will resign over allegations of sexual misconduct, the third US lawmaker to step aside over such allegations this week.
US House Speaker Nancy Pelosi. [Photo/Agencies]
US President Donald Trump applauds as first lady Melania Trump waves during his campaign rally outside Raymond James Stadium, in Tampa, Florida, US, Oct 29, 2020. [Photo/Agencies]
US experts and former trade officials on Wednesday agreed that the recent Section 301 case against China is unhelpful and inconsistent with the obligations to the World Trade Organization (WTO).
Uber's deficit since its founding reached .9 billion. In its SEC registration filing, Uber warned, "We anticipate that we will continue to incur losses in the near term as a result of expected substantial increases in our operating expenses."
US Secretary of State Mike Pompeo prepared to travel later in the day to Panama and then Mexico City, where he was to meet with Mexican President Enrique Pena Nieto on Friday.
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US daily cases reached 200,070 on Wednesday, the second highest single-day increase in new cases across the United States since the pandemic began, the CSSE data showed.
US consumers also stand to suffer from rising tariffs.
US President Donald Trump announced on March 8 that the United States would impose import duties of 25 percent and 10 percent respectively on imported steel and aluminum products due to how they endangered "national security". On March 22, the United States said it would provisionally exempt the EU, Argentina, Australia, Brazil, Canada, Mexico and South Korea, and that the exemption period would end on May 1.
US stocks opened higher Tuesday as investors placed their bets on initial steps to reopen the nation's economy amid the coronavirus pandemic.