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WASHINGTON — President Trump said Dec. 13 that the U.S. has canceled plans to impose new tariffs on $160 billion worth of Chinese imports Dec. 15 as part of a modest interim agreement that de-escalates a 17-month trade war between the world’s two biggest economies.
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Oil rose above $60 a barrel for the first time in almost three months after the U.S. and China agreed on the text of a partial trade deal, giving a boost to the fragile outlook for global oil demand.
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Lawmakers from the House and Senate have reached a bipartisan deal to fund the government before the Dec. 20 spending deadline, according to Nita Lowey, the New York Democrat who chairs the House Appropriations Committee.
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The National Transportation Safety Board needs to ensure technical skills are available and staff expertise is maintained to address concerns related to autonomous vehicles and new technology, nominee Thomas Chapman told a Senate panel Dec. 11.
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