The U.S. will phase out China tariffs, Beijing officials say
The United States has agreed to phase out tariffs on Chinese goods, Chinese officials said at a press conference in Beijing Friday evening.
Trump: U.S. to suspend scheduled tariffs after reaching deal with China
U.S. President Donald Trump on Friday said the United States had reached a so-called Phase One trade deal with China in which Washington would suspend tariffs on Chinese imports scheduled for Sunday, while Beijing would step up purchases of U.S. agricu…
China, U.S. agree on text of phase one trade deal: China vice finance minister
China and the United States have agreed on the text of a phase one trade deal, vice finance minister Liao Min said in a media briefing on Friday.
Lackluster U.S. retail sales cast shadow on fourth-quarter economic growth
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter.
Wall St. rises as China, U.S. agree on context of trade deal
U.S. stocks hit fresh record levels on Friday after China said first phase trade talks with the United States have achieved major progress and that Beijing would cancel tariffs scheduled to take effect on Sunday.
U.S. retail sales rise slightly, cast shadow on fourth-quarter economic growth
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears of a much faster slowdown in fourth-quarter economic growth than currently anticipated.
U.S. business inventories rebound in October
U.S. business inventories increased in October, lifted by stocks at retailers, suggesting inventory investment could again contribute to economic growth in the fourth quarter.
China delays media briefing on U.S. trade talk
China has postponed a news briefing to give an update on progress in trade talks with the United States until around 11:00 p.m. local time (1500 GMT) on Friday, half an hour later than originally scheduled.
Take Five: Deal or no deal?
Sunday is the deadline for a trade deal to prevent President Trump’s new U.S. tariffs on China from taking effect.
Wall Street flat with all eyes on China news briefing
U.S. stocks traded in a tight range on Friday, as investors treaded cautiously ahead of a news briefing by Chinese officials on the state of trade talks with the United States.
