Biden administration has been under pressure from businesses as well as lawmakers to alleviate the tariff burden, which critics say exacerbate supply issues and drive up prices amid a record wave of inflation.
Chinese President Xi Jinping tells his American counterpart Biden that US policies towards Beijing have caused "serious difficulties" and that putting ties back on track was critical "to the destiny of the world."
Top US trade negotiator Katherine Tai and Chinese Vice Premier Liu He spoke in "constructive exchanges in an attitude of equality and mutual respect".
US president Joe Biden’s cabinet picks and senior policy advisers underscore his willingness to emulate Trump's hawkish approach to China.
Technology was at the forefront of driving politics in 2020. TRT World spoke with geopolitical futurist Abishur Prakash to discuss the risks technology poses for geopolitics in 2021 – and beyond.
The deal, expected to be signed on the sidelines of a mostly online ASEAN summit in Hanoi, will take years to complete but will progressively lower tariffs across many areas and could become the world’s biggest trade agreement.
The ban on new downloads of TikTok was delayed once by the government. A more comprehensive ban is scheduled for November.
President Trump, facing a re-election battle with the US dealing with the world's highest number of deaths and infections from coronavirus, focused his speech on attacking China.
Recent tensions have resulted in the expulsion of Western journalists from China and the cancellation of student visas for Chinese students studying in the US.
Agricultural purchases and the dollar-yuan exchange rate will also be among the topics to be discussed in the virtual meeting that may take place as early as this week, though a date has not been finalised.
What do we know about Trump’s TikTok ban and what would a potential Microsoft deal mean?
The tit for tat move comes after United States ordered closure of China's consulate in the Texas city of Houston on Wednesday amid a mounting array of conflicts including trade, the handling of the virus pandemic, technology and spying accusations.
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