Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champions initially had kept him in the face of a rape claim,...Sportsread more
The Wall Street Journal's report came as a top Ukraine official said President Donald Trump "is looking" for Ukraine officials to investigate business dealings of Biden's son...Politicsread more
A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
Gun maker Colt announced Thursday that it will halt its production of AR-15 rifles for civilian sales, but the news might not be as exciting for gun control advocates as it...Guns and Weaponsread more
As thousands of people across the world participate in the Global Climate Strike, several Democratic presidential candidates have shared how they will take aggressive action...Scienceread more
China's Ministry of Finance announced plans to exempt 16 types of U.S. products from additional tariffs on Wednesday, including food for livestock, cancer drugs and lubricants.
The exemption, which is scheduled to go into effect from September 17, will be valid for a year through to September 16, 2020.
The announcement comes as high-level trade officials from China and the U.S. prepare to meet in Washington next month. It will mark their latest attempt to resolve a protracted trade dispute. Washington and Beijing have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.
The State Council Tariff Commission said on the Ministry of Finance's website that items on two separate tariff exemption lists would not be subject to additional charges imposed by China on U.S. goods.
For products on "List 1," including fish meal for feed, shrimp and prawn seedlings and cancer drugs, tariffs already imposed will be refunded. Companies can apply to customs within six months.
For products on "List 2," including whey for feed and lubricating base oil, tariffs were said to be non-refundable.
Here are the two lists in full, according to a CNBC translation:
1. Other shrimp and prawn seedlings.
2. Aster meal and pellets.
3. Other purpura (except coarse powder and pellets).
4. Fish meal for feed.
5. Lubricating oil.
7. Ring line, insecticidal ring, insecticidal nail, polythiane, etc. (including methylthiophosphorus, buprofezin, aspartate, indoxacarb).
8. Decitabine, fluorouridine, cyclophosphamide, gefitinib, capecitabine, raltitrexed, fludarabine phosphate, fluoride, cytarabine hydrochloride, gemcitabine hydrochloride, ectinib hydrochloride, ifosfamide.
9. Nonionic Organic Surfactant.
10. Mineral oil <70% lubricant.
11. Lubricants containing no petroleum or oils from bituminous minerals.
12. Medical linear accelerator.
1. Whey for feed (2%-7% by weight protein, 76%-88% lactose).
2. Release agent (oil by weight and oil extracted from bitumen ≥70%).
3. Isoparaffin solvent (early boiling point 225 ° C, flash point 92 ° C, density 0.79 g / cm3, viscosity 3.57mm2/s).
4. Lubricating base oil (product viscosity at 100 degrees Celsius).
—CNBC's Hilary Pan contributed to this report.