The US House of Representatives passed the "Holding Foreign Companies Accountable Act" on Wednesday. It bars securities of foreign companies from being listed on any US exchange if they have failed to comply with a US Public Accounting Oversight Board audit three years in a row.
The US Chamber has vocally opposed using tariffs as a way to address China's trade and investment policies and practice, US Chamber of Commerce President and CEO Thomas J. Donohue said in a statement after the tariffs were announced earlier Friday.
The US Department of Commerce launched anti-dumping and anti-subsidy investigations into imports of aluminum foil from China in March in response to a request from the US Aluminum Association Trade Enforcement Working Group.
The UK is not alone. China has already signed a free-trade agreement with non-EU members like Iceland and Switzerland. China and Norway are now in talks to reach a free trade deal.
The US president recently announced a 19-billion-US-dollar relief program to help farmers and ranchers hurt by the COVID-19 pandemic, with 3 billion dollars in purchases of fresh produce, dairy and meat for distribution at food banks.
The US Federal Reserve, facing what it sees as a global slowdown that could damage the domestic economy, is expected to cut interest rates on Wednesday for the first time since 2008, when the collapse of the subprime-mortgage market precipitated a worldwide financial crisis.
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The US leader also said that the US lost 0 billion a year in trade with China. But AP and American economists pointed out that he ignores trade in services - in which the US runs a surplus with China.
The US Centers for Medicare and Medicaid Services, which regulates nursing homes, urged nursing staff to separate infected patients from others and to have separate staff members treat coronavirus patients.
The United States is a member of the 1967 Outer Space Treaty, which bars the stationing of weapons of mass destruction in space and allows only for the use of the moon and other celestial bodies for peaceful purposes.
The UPDJC meeting discussed a range of matters dealing with probable signing agreements in the Panglong peace conference and adopted decisions on some sectors in the agenda related with politics, economy, social affairs, farmland, environment and security.