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US Treasury Secretary Steven Mnuchin and US Trade Representative Bob Lighthizer will lead a delegation to China in the coming days for bilateral talks that many hope would prevent the tit-for-tat retaliations grow into an all-out trade war between the world's two largest economies.

US National Security Adviser John Bolton faces two days of high tension talks in Moscow beginning on Monday after US President Donald Trump announced his intention to withdraw from a decades-long landmark nuclear weapons treaty with Russia.

URUMQI - Under the scorching sun, a crane loads containers of car parts, small commodities, and clothing onto a train.

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US President Donald Trump speaks during a meeting with China's Vice-Premier Liu He in the Oval Office at the White House in Washington, February 22, 2019. [Photo/Agencies]

URUMQI－As the grasslands turned green and wildflowers blossomed in Nilka county, Xinjiang Uygur autonomous region, Kazak woman Kurman Toibratti's busy season began.

US President Donald Trump speaks during a meeting with Romanian President Klaus Iohannis in the Oval Office of the White House, in Washington DC, the United States, Aug 20, 2019. [Photo/IC]

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US President Donald Trump announced a 25 percent tariff on billion of Chinese imports on Friday, starting on July 6. China said it plans to impose tariff measures of a similar size and intensity in its bid to fight back.

US investment bank Goldman Sachs predicted that China's GDP growth, on a yearly basis, is likely to rebound to 7.5 percent in 2021, up from a projection of 2 percent this year. The recovery will be mainly driven by household consumption and manufacturing investment. Its exports, in the meantime, are expected to remain resilient, it said.

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US President Donald Trump signed proclamations last Thursday to impose a 25 percent tariff on steel imports and 10 percent on aluminum imports effective March 23, but he mentioned possible exemptions for Mexico and Canada, two countries that are renegotiating the North American Free Trade Agreement (NAFTA), and for other US military allies if they can justify them.

US President Donald Trump does not want to ban the sales of an entire class of firearms, the White House said on Thursday, despite mounting pressure to put assault weapons such as the one used in last week's deadly school shooting out of civilian reach.