Trade War

The bonds were issued by the Republic of China -- which ousted the imperial government in a coup -- as far back as 1912. They were defaulted on in 1938.

The Trump administration has been mulling avenues to possibly punish or seek financial compensation from China for what it sees as withholding information about the virus. 

Meat exports have surged despite concerns over work safety, as workers try to fulfill overseas sales purchased up to six months ahead of time-- before the coronavirus outbreak took hold in the US.

China's trade has been one of the hot topics across the globe in the last 12 months. Export growth is a major component that is propelling China's fast economic expansion

The new waivers will take effect on May 19 and expire on May 18, 2021

President Trump said on Monday that he has no interest in renegotiating Phase One of the China trade deal following media reports out of Beijing.

Direct investment includes mergers, acquisitions and investments in things like offices and factories

The president said he has yet to make a decision on the future of a trade deal between the two nations.

The discussion in a telephone call comes amid escalating tension between the countries