Chinese students receive 10% of all doctorates with 80% staying in the U.S. In fact, there are more Chinese engineers working on artificial intelligence at U.S. technology companies than in all of China.
Civilian aircraft orders rose 25.5%, while military aircraft sales increased 37.7%.
Though Beijing’s actions so far are seen by analysts as measured, there may be more to come.
The President will also direct Treasury Secretary Steven Mnuchin to propose new investment restrictions on Chinese companies within 60 days to safeguard technologies the U.S. views as strategic.
President Trump has decided to “pause the imposition of the tariffs with respect to those countries,” but it's unclear whether it's a permanent exemption.
The EU has been scrambling for a waiver while warning that a failure to gain one would lead to a tit-for-tat response on imports of U.S. goods.
VW said the funds will go towards beefing up the plant to build additional Atlas sport utility vehicles geared towards the U.S. market.