Tariffs come amid an ongoing trade war between the US and China and could risk destabilising the global economy further.
As part of the initial deal, Beijing has agreed to limited measures that could see better ties between the two countries while the US will suspending a tariff hike that was due to take effect on Tuesday.
The first minister-level meetings in more than two months between the world's two biggest economies are set to begin on Thursday.
US President Donald Trump confirmed he did discuss former vice president Joe Biden and corruption allegations in a phone call with Ukraine's leader.
US President Donald Trump abruptly sacks his national security chief amid disagreements with the hawkish aide over how to handle foreign policy challenges such as North Korea, Iran, Afghanistan, and Russia.
US President Donald Trump has been taking a more measured approach than other hawks in his cabinet, and it might be paying off.
Huawei was placed by Washington on a blacklist in mid-May that effectively blocks US firms from doing business with the Shenzhen-based firm.
Facebook may face too much regulation for its new cryptocurrency to take off, but the rest of the crypto market doesn't play by the same rules.
With the GAFA tax, an acronym for Google, Apple, Facebook and Amazon, France becomes the first major economy to tax tech giants, defying US President Trump's probe that could trigger reprisal tariffs.
The new law aims at plugging a taxation gap
US Treasury Secretary Steven Mnuchin and People's Bank of China Governor Yi Gang are due to hold routine talks on various issues and then break away for their discussion on trade amid a row between the world's two largest economies.
Trade talks between the US and China end without a deal, but negotiators from both sides say they held "constructive" talks that went "fairly well" after the US raised tariffs on $200 billion in Chinese goods and Beijing promised to retaliate.
The talks were thrown into disarray this week after top US trade negotiator Robert Lighthizer and Treasury Secretary Steven Mnuchin accused the Chinese of reneging on commitments they made earlier.
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