Trump said on Tuesday before the announcement that the US will be working with China. "Our relationship is very good with China. We intend to keep it that way. But we have to do something to seriously relieve that trade deficit," he said, repeatedly mentioning a bilateral trade deficit of 0 billion.
Trump said that the United States would continue fighting the Islamic State (IS) until the radical group is defeated and called for bipartisanship over an immigration overhaul.
Trump's proposed payroll tax break met with bipartisan resistance. The president's GOP allies have been cool to additional spending at this stage, especially for cutting taxes that would have to be reimposed presumably after the November election, while Democrats prefer their own package of remedies, including unemployment insurance and sick pay for struggling workers.
Treasury bond issuance stood at 369.5 billion yuan, while local government bond issuance was worth 883 billion yuan, according to the People's Bank of China.
Trump appeared at the briefings featuring the White House Coronavirus Task Force almost daily between March and April, before the gatherings at the White House West Wing came to a sudden halt.
Trump also "urged Turkey to exercise caution and to avoid any actions that might risk conflict between Turkish and American forces," it said in an indirect reference to Turkey's plans to extend its military operation into Manbij region in Syria where the US soldiers are deployed.
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Trump has long voiced his desire to bring the US troops back home when possible, while senior administration officials including Defense Secretary James Mattis have advocated for a longer-term military deployment in Syria to secure a victory against the IS.
Trump told carmakers at a meeting in the White House on May 11 that he was planning to impose tariffs of 20 or 25 percent on some imported vehicles and sharply criticized Germany's automotive trade surplus with the United States.
Trax, a company that provides digital connection between consumer goods companies and retailers by applying AI image recognition to retail management, has announced its entrance into the Chinese market.
Tricia Duryee of AllThingsD and Wilson Rothman of msnbc.com in the KIRO-FM studios