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Trump to decide on $300 billion China tariffs after G20 meeting

Relations between the United States and China have deteriorated since Trump in early May accused Beijing of reneging on commitments to change its ways of doing business with the rest of the world. Since then the two sides have acted against each other’s companies and exchanged harsh words on the diplomatic front, an escalation that has rattled global markets and wiped out more than $1.5 trillion in investments worldwide. Trump raised tariffs to 25% on $200 billion of Chinese goods and ordered

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Trump to decide on $300 billion China tariffs after G20 meeting

Relations between the United States and China have deteriorated since Trump in early May accused Beijing of reneging on commitments to change its ways of doing business with the rest of the world. Since then the two sides have acted against each other’s companies and exchanged harsh words on the diplomatic front, an escalation that has rattled global markets and wiped out more than $1.5 trillion in investments worldwide. Trump raised tariffs to 25% on $200 billion of Chinese goods and ordered

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Growth 'may slow, but only slightly' after US restrictions: Huawei founder

Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent US restrictions. In remarks to the Japanese press and reported by Nikkei Asian Review, Ren reiterated that the Chinese telecom equipment maker has not violated any law. “It is expected that Huawei’s growth may slow, but only slightly,” Ren told Japanese media in his first official comments after the US restrictions, adding that the

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Canada closes embassy in Sudan as army forces president Omar al-Bashir to step down

Canada’s embassy in Sudan closed Thursday after Sudanese President Omar al-Bashir was deposed by the army after three decades of autocratic power that included allegations of genocide. Officials are telling Canadians to avoid all travel to the country because of safety and security concerns, warning of “demonstrations and civil unrest.” Sudanese sources told Reuters that Bashir, 75, was at the presidential residence under “heavy guard.” A son of Sadiq al-Mahdi, the head of the country’s m

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Health Insurance Stocks Dive As Vulnerability Rises On Obamacare, Congress Compromises Activity On Medication Costs.

Health-care stocks were ready to end the week in the red Friday after administrators on Capitol Hill took steps to compose new laws tightening over the country's biggest drug store advantage directors to check soaring medication costs. The Trump organization's legitimate test to previous President Barack Obama's signature medical coverage law, the Affordable Care Act, and Sen. Bernie Sanders' new "Medicare for All" bill additionally burdened the business' offers. The XLV, an ETF that tra

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