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Beijing Introduces New Retaliatory Tariffs on about $75 Billion Worth of US Goods

China has announced new round of retaliatory tariffs on about billion worth of US goods. CNN reported.

As of next month, a 5% and 10% tariff for more than 5,000 types of items, including soybeans, coffee, whiskey, seafood and crude oil, will enter into force. The biggest increase - by 25 percent - will be taxed on imported US cars from December 15th.

Romania is Considering Excluding Huawei From its 5G Network

Romania could exclude Chinese giant Huawei from its future 5G network, according to a joint statement by the presidents of the United States and Romania.

The document, signed by Klaus Werner Iohannis  and Donald Trump, says the two sides will seek to avoid the security risks associated with Chinese investment in building a 5G telecommunications network.

Olympic Glory Alley Opened in Bulgaria

An Alley of Bulgaria's Olympic Glory was officially opened on Friday in the town of Sveti Vlas on the Black Sea coast of the country, the Bulgarian Olympic Committee (BOC) said.

The alley, which is located on one of the busiest streets, contains the bas-reliefs of the 48 Bulgarian athletes who have won 52 Olympic gold medals for Bulgaria, the BOC said in a press release.

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