China–United States trade war

US President Biden Imposes more Sanctions on China

US President Joe Biden is set to ban Americans from investing in dozens of Chinese tech and defence firms with alleged military ties.

The new executive order will come into effect on 2 August, hitting 59 firms including communications giant Huawei. The list of firms will be updated on a rolling basis.

It expands an order previously issued by former President Donald Trump.

US, China sign initial 'phase one' trade deal

The U.S. and China signed a "phase one" trade deal on Jan. 15 that marks a major milestone in the more than two-year trade war between the world's top two economies.

The agreement was signed by U.S. President Donald Trump and Chinese Vice Premier Liu He during a White House ceremony attended by droves of government officials and business leaders.

The US Offers Additional Customs Duties For European Goods For $ 4 billion

Just days after the agreement for peace in the US-China trade war, US officials increased the pressure on Europe in the long-term dispute over Airbus aircraft subsidies, threatening to impose high tariffs on imports of additional EU goods worth 4 billion dollars, reports Econ.bg

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