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The move marked the latest escalation of the ongoing trade war between Washington and Beijing. The list could be released as soon as Tuesday, and likely this week, according to the people, who spoke on condition of anonymity because the matter isn't public.

Businesses added 213,000 jobs to their payrolls in June, another strong month of gains. So far this year, the USA economy has added an average of 215,000 jobs per month. Faster wage growth would also indicate that inflation is building in the economy, which hasn't been the case even though unemployment is this low. The U.S.

At midnight Washington time, the US imposed new tariffs on $34 billion of annual imports from China. They kicked in just after midnight ET, which is noon in Beijing . Beijing called it the beginning of "the biggest trade war in economic history" and retaliated with tariffs on billions of dollars worth of USA exports.

The bank said that USA efforts to block Iran from exporting oil would make it hard for OPEC to meet supply demands, forcing prices to rise. Iranian OPEC Governor Hossein Kazempour Ardebili claimed Thursday Trump's tweets are putting upward pressure on prices .

Earlier in the day, Zarif said he was in Vienna "to listen to practical solutions, rather than slogans". The Iranian president described as disappointing the bloc's package of economic measures. Trump announced on May 8 that Washington was walking away from the nuclear agreement, which was reached between Iran and the five permanent members of the UN Security Council - the United States, Britain, France, Russia and China - Germany, and the European Union in 2015.

This must be a two-way street. "A key driver of the rise in prices has been the OPEC-Russia deal to cut oil output, compounded by collapsing Venezuelan production and the USA decision to end the Iran deal", National Australia Bank (NAB) said in its July outlook.

The US Administration is hammering out a bill that stipulates that Washington may actually abandon fundamental World Trade Organization (WTO) rules, according to the news website Axios , which said it had obtained the draft of the bill. U.S. President Donald Trump said on June 29 that the probe would be completed in 3-4 weeks. Both sets of tariffs would be based on concerns about USA national security.

Economists have for months warned of the potential damage to the U.S. and global economies from aggressive trade policies that evolve into protectionism, which would raise prices and upend global supply chains. "The Chinese government's position has been stated many times". One U.S. manufacturer said Chinese authorities on average used to inspect 2 percent of the vehicles it sent overseas.

The coalition parties, comprising Merkel's Christian Democrats (CDU), the CSU and Social Democrats (SPD), are holding a series of meetings on Monday to decide what action to take. Before the refugee crisis of 2015, Seehofer was mainly concerned with regional pet projects tolerated by Merkel, such as rewarding mothers who raise young children at home with state benefits and charging foreign motorists for using Germany's Autobahn.

The most obvious name thus far hasn't been a free agent, but a guy under contract and unhappy with the San Antonio Spurs . The Lakers also inked Kentavious Caldwell-Pope to a one-year deal Sunday. With PG13 staying in OKC, the only hopes for LeBron to sniff a ring is if the Lakers trade for Kawhi Leonard . They were 48-11 against Eastern Conference clubs in the playoffs.

The tracking stock was created to help Dell finance its $ 67 billion purchase of data storage company EMC Corp.in 2016, the largest technology takeover ever at the time and one that almost tripled the company's debt load. After the deal, VMware shareholders will own between 20.8 percent and 31 percent of Dell depending on how many investors opt for cash, Dell said.