The US administration on Tuesday proposed a list of products to be subject to additional tariffs, covering Chinese exports worth billion with a suggested tariff rate of 25 percent.
The United States set a record for the most cases reported in a single day -- 60,021 on Tuesday.
The US withdrawal from the agreement will not be completed until Nov 4, 2020, the day after the presidential election. If a Democrat wins the White House, the US could re-enter the agreement after a 30-day waiting period.
The U.S. capital has held large military displays to mark significant occasions, including victories in war, but rolling tanks and marching troops down Pennsylvania Avenue are not typically done on the U.S. Independence Day holiday.
The US think tank Trade Partnership estimates that if the US imposes 25 per cent additional tariffs on all imported Chinese goods, US GDP will decrease by 1.01 per cent, at a cost of 2.16 million job losses and an additional annual burden of ,294 for a family of four.
The United Kingdom has been mulling potential restrictions on Huawei for much of this year. The Conservative Party leadership contest and Brexit negotiations both delayed the government's final verdict. Earlier this month, Digital Secretary Nicky Morgan said that the judgement will now fall to the next government, which will be formed after the UK general election on Dec 12.
上海肿瘤去哪个医院看
The US Justice Department announced Wednesday that Purdue Pharma has agreed to plead guilty to criminal charges and pay more than .3 billion in fines in the marketing of its prescription painkiller OxyContin, blamed for an opioid addiction and overdose crisis linked to more than 470,000 deaths in the US since 2000.
The US Treasury will offer a 20-year bond Wednesday as part of the government's plan to repay debt incurred during the coronavirus outbreak. The bond was last issued in 1986.
The US organized two charter flights to evacuate more than 300 people on Monday. The US State Department later announced that 14 of the evacuees were infected with the virus.
The United States has benefited greatly from Sino-US trade despite its trade deficit with China, and accusations regarding China's alleged intellectual property theft and forced technology transfers are unfounded, senior Chinese officials said on Tuesday.