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The US-Taliban agreement reportedly also included the commencement of intra-Afghan negotiations.

The US Commerce Department said that it would impose preliminary import duties ranging from 96.81 percent to 162.24 percent on China's aluminum foil, claiming that the products were being sold at unfairly low prices.

The United States alone has reported more than 1.68 million infections and over 98,000 deaths as of Tuesday evening, according to a count by Johns Hopkins University. Both figures are far higher than those in any other country or region.

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The US also called on Turkey to stop the invasion and declare a cease-fire. Trump is sending Vice-President Mike Pence and national security adviser Robert O'Brien to Ankara as soon as possible in an attempt to begin negotiations, Xinhua reported.

The UBS report pointed out that about 37 percent of Chinese parents paid for tuition compared with 70 percent in places such as Japan and South Korea.

The US government has announced additional 10 percent tariffs on about 0 billion worth of Chinese goods starting from next week, pointing to escalating of trade frictions between the two nations.

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The United States' double standards on terrorist attacks and religious extremists will place it on the opposite side of the Chinese people as well as the world, chairman of Xinjiang Uygur autonomous regional government said on Monday.

The US has a list of European goods valued at billion for possible tariffs, and the EU has countered with a list of billion of US exports it could selectively target.

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The US remained the biggest investment destination for the Chinese fund with investment values exceeding billion, accounting for about 42 percent of its total overseas investment last year, according to Liu. The fund set up its New York office in 2015 to explore investment opportunities there.

The US Federal Reserve has slashed interest rates to encourage spending and investment. The result has been record-low mortgage rates and lower interest rates on credit card debt.