US-based tech giant Amazon.com Inc plans to shut down its third-party seller services on its Chinese online marketplace in July as it shifts its focus to the more lucrative businesses of cross-border e-commerce, cloud services and e-reader devices in the country.
US Treasury Secretary Steven Mnuchin said in a statement that President Donald Trump's efforts to boost the economy will strengthen the program's finances by generating additional tax revenue. US gross domestic product grew 3.1 percent last year and the unemployment rate was 3.8 percent in March, near its lowest level in 50 years.
US universities and colleges hit by outbreaks of the novel coronavirus are emptying their campuses, sending thousands of students back home.
Ucar is a leading comprehensive service platform in China's travel and auto sectors. [Photo provided to China Daily]
US President Donald Trump greets people negatively affected by the Affordable Care Act after calling on Republican Senators to move forward and vote on a healthcare bill to replace law in the Blue Room of the White House in Washington, US, July 24, 2017. [Photo/VCG]
US President Donald Trump enraged European leaders in May by declaring European car imports a national security threat. He also threatened to slap on punitive tariffs.
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US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been negotiating a new COVID-19 relief package for months, but have failed to reach an agreement.
US headhunting company Manpower has been monitoring multinational companies' hiring demand in China since 2005. However, the hiring willingness has been declining since 2010.
US officials ramped up the fight to avoid the virus after Vietnam confirmed its first cases in February. The US Department of Agriculture said it will add more dogs to sniff out illegal pork products at airports and seaports to keep out the contagious disease.
US Trade Representative Robert Lighthizer on Aug 14 formally initiated an investigation into China's policy and practice of intellectual property under Section 301 of the US Trade Act of 1974.