The trade war intensified Monday, as Beijing allowed its currency to weaken and the Treasury Department labeled China a currency manipulator.
Tag: Treasury Department
U.S. Punishes Chinese Company Over Iranian Oil
For the first time, the Trump administration is imposing economic penalties on a Chinese company for importing Iranian oil, a decision certain to add to tensions between Washington and Beijing.
U.S. Imposes Sanctions on Hezbollah Officials Accused of Supporting Iran
The sanctions were the first to directly target members of Lebanon’s Parliament and underscored the White House’s intention to ratchet up pressure on Iran by punishing groups tied to its government.
Trade Wars Stoke Economic Fear as G-20 Finance Ministers Gather in Japan
Treasury Secretary Steven Mnuchin will meet China’s central bank governor in the first meeting of senior officials from the countries since trade talks broke down.
In Weapons Tests, North Korea Revives an Old Playbook, With a Strategic Twist
A year after beginning a bold experiment in the power of personal diplomacy, President Trump has run headlong into its limits, discovering that it is not a counterproliferation strategy.
North Korea Demanded $2 Million Before Releasing Comatose U.S. Student
The bill for the medical care of Otto F. Warmbier, who was in a coma while being detained, was passed to the Treasury Department, but it is unclear if the Trump administration paid it.
Praise for the Mueller Report, From an Unlikely Source: Oleg Deripaska
Oleg V. Deripaska, a Russian billionaire, did not cooperate with the special counsel investigation but praised its results.
Trump Overrules Own Experts on Sanctions, in Favor to North Korea
“President Trump likes Chairman Kim, and he doesn’t think these sanctions will be necessary,” said Sarah Huckabee Sanders, the White House press secretary.
Talks to End U.S.-China Trade War Now Shift to Make-or-Break Rounds
The two sides made progress in identifying the issues between them, setting the stage for potential talks with top leaders from both countries.
He’s Handing Over the Presidency but Not Necessarily His Power
Forced out by term limits after 17 years, President Joseph Kabila says he would accept an opposition victory in elections this month. But many expect he’ll return in five years.