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The United States remained the largest recipient of FDI, attracting 1 billion in inflows, followed by Britain with 254 $billion, and China with inflows of 4 billion.

The United Kingdom will send its largest shipment of pig semen to China this month, as the latter looks to improve the genetics of its domestic herd.

The United States suggested creating seasonal windows during the fourth round of the NAFTA talks last October, which would restrict agricultural imports from Canada and Mexico and impose tariffs on certain products based on volume and time of year.

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The US trade deficits became large around the late 1990s, and then they started to get smaller around 2005, while China's trade surpluses were small around the late 1990s and didn't start to get significant until 2005, he explained.

The UK’s Department for International Trade has previously promoted Changsha as a business destination among British engineering companies. The city has a strong cluster of advanced engineering businesses, among them some of the largest manufacturers of construction machinery in China.

The US government shutdown, stemming from disagreement between the White House and the Democratic Party regarding funding for a border wall, is about to enter its 34th day. Congress has shot down numerous legislative attempts to reopen the government, as both parties have yet to mend their wide divide on the issue.

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The US Federal Reserve on Wednesday cut interest rates by a quarter-percentage point to buoy the US economy amid a global slowdown and the continuing US-China trade dispute.

The US Department of Agriculture or USDA also confirmed the news on Thursday.

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The United States is half-way through a three-year term on the main UN rights body and had long threatened to quit if it was not reformed, accusing the 47-member Geneva-based body of being anti-Israel.

The UK heritage sector contributed 987 million pounds (.3 million) to the British economy in 2016, an annual increase of 7 percent. It employs 278,000 people.