There are more than 930,000 reported cases of COVID-19 globally, with over 47,000 deaths, data compiled by Johns Hopkins University showed.
As of Tuesday, more than 190,000 cases of coronavirus have been reported across the globe, resulting in at least 7,890 deaths.
Iran has temporarily freed about 85,000 prisoners, including political prisoners, a spokesman for its judiciary said on Tuesday, Reuters reported.
President Emmanuel Macron of France said people may leave their homes only for essential duties. "We are in a health war," Macron said.
"The next eight weeks are critical," Trump said as he declared a national emergency over coronavirus.
France and the U.S. have agreed to hold off on a potential tariffs war until the end of the year.
France is bringing in new rules on employee stock options to lure in talent and compete with the U.S.' top tech hub.
"I believe that President Putin is going to try and step in and be the peacemaker here," says William Cohen, also a former senator.
Treasury Secretary Steven Mnuchin voices opposition to the OECD about the recent introduction of digital services taxes.
U.S. stock futures turned around from early morning declines and were pointing to a strong Wall Street open Wednesday.
"Europe doesn't have the real high-tech champions and the real e-commerce champions that we do," says the Commerce secretary.
U.S. stock futures were pointing to a lower open after President Trump said it might be better to wait until after the 2020 election to strike a trade deal with China.
"In some ways, I like the idea of waiting until after the election for the China deal, but they want to make a deal now," Trump said from London.
European markets traded mixed on Friday amid strained relations between the U.S. and China over protests in Hong Kong.
French President Emmanuel Macron should not pick a fight with Germany, writes Dr Michael Ivanovitch. Instead, he should be focusing on the economy and expanding foreign markets for French goods and services.
Passenger trips by air in both countries are soon set to overtake the United States.
Looking for stronger economic growth during an election year, Washington should prevent Germany from shrinking the European markets that take a quarter of American exports.
The U.S. could help itself, and the rest of the world, by prodding Germany and Japan to contribute to global economic growth and the stability of the Western world order, writes Michael Ivanovitch.
World powers should work with the United States to get a deal with China as unfair trade practices affect everyone, former top White House negotiator Clete Willems told CNBC Tuesday.
European shares reversed course to close higher Tuesday after China's State Council announced that it is considering relaxing and removing restrictions on auto purchases as part of a broad move to boost consumption.