U.S. President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to temporarily halt the imposition of new tariffs.
Democrats and Republicans said they reached a tentative deal on farm legislation after jettisoning controversial work requirements for food stamp recipients.
Talks between the U.S. and Canada ended Friday without a deal on a new North American Free Trade Agreement, but discussions are expected to continue next week, according to a person familiar with the matter.
The U.S. has so far imposed tariffs on $50 billion in Chinese goods, with Beijing retaliating in kind. Now, President Trump appears ready to up the ante to $200 billion.
The Trump administration said it’s weighing whether to increase the proposed tariff on $200 billion of Chinese goods to 25 percent from 10 percent, stepping up pressure on Beijing to change its trade practices.
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn.
A weather pattern known as La Nina created drought conditions, and subsequent wildfires, across the U.S. Great Plains has faded, But its weather cousin, El Nino, may develop, according to the Climate Prediction Center.
Several health-care companies are examining options for their animal-health business looking to replicate the success of Zoetis Inc., whose shares have almost tripled in value since it separated from Pfizer Inc. in 2013.
