The United Kingdom's largest carmaker, Jaguar Land Rover, has suffered heavy losses due to slowing demand in China and will initiate a 2.5-billion-pound (.2 billion) plan to cut costs, the company announced on Wednesday.
The US has already secured the first 100 million doses of Pfizer-BioNTech vaccine and another 100 million doses from Moderna. In addition, the US has the option to buy an additional 300 million doses from Moderna and 100 million to 500 million doses from Pfizer.
The UCSF and its doctors took to social media to note that the new cases in San Francisco seemed to be flattening as a result of the city's early adoption of social distancing measures.
The US decision prompted a tit-for-tat response from Ankara, which stopped issuing visas to the US nationals, leaving bilateral relations to an all-time low.
The US-China trade frictions have brought concerns of great uncertainties to the market, which has led to recent yuan fluctuations, according to E Zhihuan, chief economist at the Bank of China (Hong Kong).
The US technology giant Apple Inc is stepping up efforts to ensure that users can get great experience from its products without putting their privacy at risk.
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The US and Japan reached a trade agreement on tariff concessions in October last year. Some of the members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, such as Canada, Australia and New Zealand, have expressed interest in joining the pact, raising the prospect of a giant transpacific and transatlantic FTA involving more than 40 countries in Asia, Europe and North America.
The US government has increased additional tariffs from 10 percent to 25 percent on 200 billion US dollars' worth of Chinese goods arriving in the United States since June 15. It also threatened to raise tariffs on some additional 300 billion dollars' worth of Chinese imports.
The US ran a trade deficit of 0 billion against the rest of the world in 2017, but once the overseas sales of US multinationals is taken in account, the US holds a surplus of 0 billion, according to a research by Deutsche Bank based on data provided by the US Bureau of Economic Analysis.
The US has been "hypocritical" as it claimed the Hong Kong act was "in support of Hong Kong people", it said, adding that such actions undermined the relationship between the SAR government and the central government under "one country, two systems".