China, US to hold trade talks next week

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"We know what sort of changes we need", White House economic adviser Larry Kudlow said in an interview with Fox Business on Friday. The US government is seeking the extradition of the executive, Meng Wanzhou, over alleged violations of sanctions on Iran. As of July, the USA was running a $222.6 billion trade deficit with China. USA officials have said that if the talks fail to produce a satisfactory agreement Washington will increase tariffs on $200 billion of Chinese goods from 10 percent to 25 percent.

"If we have a successful negotiation with China, then Apple sales and everybody else's sales will recover". -China relations will force other US companies to cut their sales estimates in China.

"The negotiations next week are important because they will establish expectations, but we shouldn't expect major breakthroughs", said Mr Myron Brilliant, vice-president of global affairs at the US Chamber of Commerce.

Other drivers of US growth, including government and business spending and net exports, are all sagging or expected to do so in coming months. Meanwhile, data released at the end of 2018 showed that manufacturing in China unexpectedly declined in December, for the first time in two and a half years. There are fears of both sides hiking tariffs if no deal is reached.

Swedish hospital investigating a suspected Ebola case, authorities say
He visited "mostly urban areas in Burundi , where there isn't thought to be any active Ebola as far as we know", Köhler said. Ebola - which causes fever, severe headaches and in some cases hemorrhaging - kills about half of those infected.

Apple's lowered revenue outlook along with a double-digit drop in earnings at commodities giant Cargill Inc on Thursday may be among the clearest warning signs yet that the trade war's effects have begun to hit USA companies.

The US delegation to China will be led by Jeffrey Gerrish, the deputy trade representative, something which some trade experts believe will mean that the US will be particularly firm in its demands. The two sides will discuss how to implement consensus reached by leaders of both countries in Argentina, it said. "And I think that that puts a lot of pressure on China to make a deal".

Shares in Apple slid nine percent after it announced late Wednesday that it was trimming its sales forecast for the most recent quarter, citing steeper-than-expected "economic deceleration" in China - one of its largest overseas markets - amid the US-China trade war. It said the threat of US tariff hikes was the "dominating factor" for almost half, while others moved due to higher costs or tighter environmental regulation. The longer their trade war lasts, the longer companies and consumers will feel the pain of higher-priced imports and exports. Yet those very pressures, analysts say, give the two countries a stronger incentive to make peace.

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