WASHINGTON (Reuters) - The Trump administration rolled out a long-awaited overhaul of U.S. arms export policy on Thursday aimed at expanding sales to allies, saying it will bolster the American defense industry and create jobs at home.
WASHINGTON (Reuters) - The U.S. Department of Commerce is banning American companies from selling components to leading Chinese telecom equipment maker ZTE Corp for seven years for violating the terms of a sanctions violation case, U.S. officials said on
President Xi Jinping of China said his government will end a 25% tariff on US auto imports. But two American automakers, Ford and General Motors, already make cars in China. Some German automakers with US operations may stand to benefit the most.
WASHINGTON/LIMA (Reuters) - U.S. President Donald Trump, who has disparaged Latin American countries over immigration, narcotics and trade, heads to the region this week for a summit that diplomats say is likely to be awkward and tense.