China on September 1 announced that it had filed a case at the World Trade Organization (WTO) against the United States following its implementation of the additional 15-percent tariffs imposed on US$300 billion worth of Chinese imports on September 1.
tariffs imposed by the United States severely violated the consensus reached by
the two heads of state in Osaka, a statement released by the Ministry of
Commerce said, adding that China is extremely dissatisfied with and resolutely
opposes the tariffs.
China will firmly safeguard
its own legitimate rights and interests and resolutely uphold the multilateral
trading system as well as the international trade order in line with WTO rules,
the statement added.
Turkey begun operating intercity trains on Thursday (May 28) after a two-month gap, as it gradually eases coronavirus curbs in a bid to restore normal life and reopen an economy facing the threat of recession.
The economy in Gulf countries has been tottering and facing heavy financial pressure since being hit by two "big waves”, triggered by the COVID-19 pandemic and a record plunge in oil prices.
Brazil daily coronavirus deaths were higher than fatalities in the United States for the first time over the last 24 hours, according to the country's Health Ministry.
Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail reported on May 24, citing multiple sources.
US President Donald Trump on May 20 said he may seek to revive a face-to-face meeting of Group of Seven leaders near Washington, after earlier canceling the in-person gathering of world leaders due to the novel coronavirus pandemic.
The ASEAN Senior Officials’ Meeting (SOM) at the Deputy Foreign Ministerial level was held on May 18 in the form of a teleconference, with Deputy Foreign Minister Nguyen Quoc Dung, head of Vietnam ASEAN SOM, participating.