If Washington had failed to reach a deal and defaulted on its debt, the consequences for the global economy would have been disastrous.
Just as US President Donald Trump seeks to target Beijing over what he thinks are "unfair trade practices," the Treasury Department has confirmed that China has more holdings of US debt than any other nation.
The top US trade negotiator has described China's industrial policies as a "very serious problem." US President Donald Trump has accused China of cheating the US economy out of "hundreds of billions of dollars."
A top US diplomat has citie Iran's past covert actions as the basis for deeper inspections into uranium enrichment in Iran. US President Donald Trump has described the nuclear deal as the "worst deal ever negotiated."
Intellectual property (IP) is back in focus after US President Trump asked his trade office to look into the issue of China allegedly stealing American technology and IP, and eroding US firms' competitive edge.
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