The US economy totaled about .41 trillion in 2018. That means a decline in consumer spending won't be an apocalyptic event — except to those who personally experience cutbacks.
The US unemployment rate had been hovering near a historically low level, around 3.5 to 3.6 percent, since September last year.
The U.S. trucking industry is estimated to hover around 0 billion, and it has largely been untouched by technology.
The United Nations in China hosted a commemorative event on Tuesday to mark the International Day for South-South Cooperation. [Photo by Zhang Yunbi / China Daily]
The United States has started the first testing in healthy humans of an experimental vaccine to fight the corronavirus.
The UK, much to the chagrin of the US, recently said it would allow Huawei to participate in its 5G networks, which are the next generation of mobile technology. But the UK did decide to bar the company from so-called core areas and will cap its 5G market share at 35 percent. Downing Street and Britain's spy agencies say with such limits in place, any risks, real or imagined, can be managed.
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The US Department of Transportation announcement follows through on President Donald Trump's threats to claw back .5 billion that the federal government gave to California to build a bullet train between Los Angeles and San Francisco.
The United States reportedly demanded a sharp growth in contribution from the South Korean side for this year's defense cost.
The US government is reportedly working on a policy to ban members of the Communist Party of China, or CPC, and their families from entering the US, a move that "would represent an enormous escalation in hostility toward China by the Trump administration", according to Texas-based China scholar Jon Taylor.
The UKRI is also committing 8.3 million pounds to a joint project with the US, Israel and China that will examine infectious disease.