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US President Donald Trump meets Japanese Prime Minister Shinzo Abe at a state guesthouse in Tokyo on Monday. EUGENE HOSHIKO/REUTERS

US President Donald Trump's administration said it will impose 10 percent tariffs on about 0 billion worth of Chinese goods on Monday, and the tariffs will rise to 25 percent in 2019.

US COVID-19 deaths have passed the 150,000 mark on Wednesday, with the country's caseload exceeding 4.4 million as of Wednesday evening, according to a tally by Johns Hopkins University.

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US President Donald Trump, who has said that he has the authority to demote Powell, said on Twitter on Monday that the Fed "doesn't know what it is doing," adding that it "raised rates far too fast" and "blew it" given low inflation and slowing global growth.

US Secretary of State Mike Pompeo (2nd from left) discusses a Trump administration executive order on the International Criminal Court during a joint news conference with Attorney General William Barr (left), Defense Secretary Mark Esper and National Security Adviser Robert O'Brien (right) at the State Department in Washington, US, June 11, 2020. [Photo/Agencies]

US President Donald Trump on Monday highlighted the challenges and growing competition from powers China and Russia.

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US retailers on Monday called on President Donald Trump not to go ahead with the punitive tariff plans on China to avoid serious adverse effect on the US economy and consumers.

US President Donald Trump answers questions about his response to the violence, injuries and deaths at the "Unite the Right" rally in Charlottesville as he talks to the media in the lobby of Trump Tower in Manhattan, New York, US, August 15, 2017. [Photo/Agencies]

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US electric carmaker Tesla announced a partnership with CATL, China's largest power battery producer, on Thursday, prompting insiders to call the deal a win-win situation.

US President Donald Trump plays golf at the Trump National Golf Club in Sterling, Virginia, US, November 15, 2020. [Photo/Agencies]