Tag Archives: suspends
New Zealand suspends search for remaining two bodies believed to be on the island where a surprise volcano eruption killed 19
China suspends planned tariffs scheduled for Dec. 15 on some U.S. goods
China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday. The deal, rumours and leaks over which have gyrated world markets for months, reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods. China’s retaliatory tariffs, which were due to take effect on Dec. 15, were meant to target goods ranging from corn and wheat to U.S. made vehicles and auto parts.
Russia suspends project with Iran due to uranium enrichment
A Russian state company suspended a research project with Iran because of its decision to resume enriching uranium, a move a senior official said Thursday was necessary after the U.S. canceled a waiver to allow the joint venture. The TVEL company said in a statement that Iran’s decision to resume uranium enrichment at the Fordo facility makes it impossible to convert the facility to produce radioactive isotopes for medical purposes. Iran agreed to stop uranium enrichment under a 2015 deal with world powers to prevent it from building a bomb, but it has resumed such activities after the U.S. pulled out of the pact last year and imposed new sanctions.