Higher-level negotiations will take place on Thursday and Friday after efforts in Beijing last week came to a head without any deal or resolution to a fight over Beijing's technology ambitions ahead of a deadline for a massive US tariff hike.
The deputy US Trade Representative Jeffrey Gerrish will lead a delegation to Beijing in early January for the first face-to-face talks after a truce in tariff war between two countries, Bloomberg News reports.
Turkey's President Recep Tayyip Erdogan was speaking to businessmen from the United States saying that Turkey will take every step to protect businesses from trade measures taken against US tariffs.
US President Donald Trump has upped the ante on China as his administration may be about to slap tariffs of up to 25 percent on an additional $200 billion in Chinese goods.
Turkish Foreign Minister Mevlut Cavusoglu says being allies does not mean that Turkey has to follow the US, and it would not cut ties with Iran simply because the US says so.
Shares in European Union car manufacturers fell after US President Donald Trump threatened to impose a 20 percent tariff on cars imported from the bloc, traders said.
The EU is to slap tariffs on $3.4 billion in American products, from whiskey and motorcycles to peanuts and cranberries. India and Turkey have already targeted US products, ranging from rice to cars to sunscreen.
Twenty ships carrying over 1.2 million tonnes of US sorghum, valued at more than $216 million, are on the water, according to export inspections data from the USDA's Federal Grain Inspection Service.
IMF Managing Director Christine Lagarde did, however, warn against protectionism in a barely veiled reference to US tariff threats, and said the World Trade Organization's rules were in danger of being torn up, threatening global economic growth.
The US Commerce Department recommended imposing heavy tariffs on China and other countries to counter a global glut in steel and aluminum, laying out an array of possible options in a report to President Donald Trump.
Born in 1926 to a farming family in the southern Swedish region of Smaland, Kamprad founded the company at age 17.
Shoppers in the US spent generously over the "Black Friday" weekend in late November that kicks off the holiday shopping season, and buying has picked up further in December.
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