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The United States and China are acting tough over trade, but they're also busy talking to try to stop the situation spiraling out of control.President Donald Trump ramped up tensions last week by ordering tariffs on about billion worth of Chinese goods just weeks after announcing of sanctions on steel and aluminum imports. Beijing has responded with plans to target billion worth of US products and warnings that it's ready to inflict more pain.The moves have fueled fears that the situation could escalate into a full-blown trade war between the world's two largest economies. But Treasury Secretary Steven Mnuchin said Sunday that he's been talking to Chinese officials in an effort to prevent that."We're not afraid of a trade war, but that's not our objective," he said in an interview on Fox News."We are going to proceed with our tariffs ... we're also working on investment restrictions," Mnuchin said. "But we are simultaneously having negotiations with the Chinese to see if we can reach an agreement."The US government wants China to do a lot more to open up its vast economy to US businesses and bring down the massive trade deficit between the two countries.Trump has set a target of cutting the deficit in goods with China by 0 billion. It soared to 5 billion last year, according to US figures.Mnuchin said the United States wants China to do away with rules that require foreign companies to set up joint ventures with Chinese firms in many industries, such as automobiles, and to stop forcing American businesses to hand over valuable intellectual property in order to operate in China. Intellectual property theft is the reason the Trump administration gave for the planned billion in tariffs on Chinese goods.Mnuchin and US Trade Representative Robert Lighthizer detailed the US requests in a letter to a top Chinese economic official late last week, according to the Wall Street Journal. They included asking Beijing to reduce tariffs on American cars, increase spending on US semiconductors and provide greater access to the Chinese financial sector, the Journal reported, citing unidentified people with knowledge of the matter.A Treasury Department spokesperson declined to confirm the report."We are having very productive conversations with them," Mnuchin told Fox, adding that he was "cautiously hopeful" that the two sides could reach a deal. But in the absence of "an acceptable agreement that the president signs off on," the Trump administration will press ahead with the tariffs and other measures, he warned.China's point man for the talks is Liu He, a Harvard graduate who is one of President Xi Jinping's most trusted advisers. Liu was in Washington for talks with US officials the week that Trump announced plans for the tariffs on steel and aluminum and was recently appointed to the position of vice premier.Mnuchin and Liu spoke as recently as this weekend."Secretary Mnuchin called Liu He to congratulate him on the official announcement of his new role," the Treasury spokesperson said. "They also discussed the trade deficit between our two countries and committed to continuing the dialogue to find a mutually agreeable way to reduce it."China's official news agency Xinhua also reported the conversation, saying that Liu criticized the US allegations of Chinese intellectual property theft and warned Mnuchin that China "has the capability to safeguard its national interest."But Liu also said that China "hopes to see both sides remain sensible and work together to preserve the overall stability of China-US trade relations," according to the Xinhua report.Some experts are skeptical that Beijing will give Trump what he wants."China may be able to come up with some big ticket imports to allow it to appear to be trying to reduce the bilateral trade imbalance," Mark Williams, chief Asia economist at research firm Capital Economics, wrote in a note to clients on Friday. "But China won't be able to reduce the annual imbalance by 0bn as Mr Trump has demanded."And "the chances of China making substantive changes to its practices on intellectual property are also low," Williams said, adding that the practices are seen in Beijing as "a key element" of efforts to develop the Chinese economy.  4274

The White House said late Friday it is prepared to veto a bill proposed by House Democrats to infuse the cash-strapped Postal Service with funds.The White House’s announcement comes a week after President Donald Trump said he supported funding the Postal Service with Congressional funds. Last week marked a period of the Postal Service removing machines and collection boxes, as mail service has slowed for many across the country.The bill introduced by House Democrats would, in addition to providing funds, require the post office to maintain its current level of service, not close any locations and would lift a prohibition of overtime. Those measures would be in effect through at least the end of the year.According to the Congressional Budget Office, the bill would provide an estimated billion in funding for the post office.The White House pushed back in a policy memo, claiming that reports of slowdowns are an “overreaction.”“This bill misses an opportunity to improve USPS,” the White House said.“USPS does not need a billion bailout. It needs reforms that will return it to a trend of long- term financial self-sufficiency,” the White House added.The Trump administration said that USPS has enough funds to operate through August 2021. But during his Senate testimony on Friday, Postmaster Louis DeJoy said that the post office is losing billion on an annual basis.“Without change our losses will only increase in the years to come,” DeJoy said.The USPS has historically been self-sufficient. But declining volume and increased pension costs have cut into the service’s bottom line. But the post office remains a lifeline for many who rely on mail for medicines, important documents, and other supplies. 1736

The use of telehealth has become a common practice during the pandemic. Now, some doctors hope it continues to be an important tool in the healthcare industry."There are a number of bills have been proposed," said Dr. Tesh Monteith, a neurologist and fellow with the American Academy of Neurology.Dr. Monteith says Congress is considering several bills to keep telehealth, which allows patients to video conference with a doctor instead of going in for a physical appointment, around for the long run.When the pandemic hit, rules regarding telehealth changed, allowing for doctors to be financially reimbursed for the virtual appointments."It's allowed patients to access care. They're patients that would normally have to take days off, or to keep providers, multiple providers, and if they can do that, they may have childcare issues and not be able to get to a clinic," said Dr. Monteith.The bills would allow for everything from permanent reimbursement for physicians to allowing doctors to virtually see patients across state lines."Some of these bills are proposing that there are not limitations within states. For example, there are issues of licensing. A doctor licensed in New York should they be able to see a patient with a specialized disorder in Minnesota or does that patient have to come in Minnesota," explained Dr. Monteith.While telemedicine has been an important part of making sure people received medical care and diagnoses during the pandemic, doctors agree that the virtual visits in no way can replace seeing your physician in person."Because I know my patients well, I’m a pediatrician, I can do so much over telehealth with the kids I know. When they're sick I can look at them. I can watch them breathe. I can ask them to jump up and down and have the parents press on their tummy, but I can’t look in their ears. I can’t listen to their heart, and if it’s a family that I don’t know, there is concern that I might miss something," said Dr. Tanya Altmann, a pediatrician in California.Dr. Altmann says telehealth can also be a very valuable tool.As for reimbursement for physicians, Dr. Altmann says, "anyway that a physician or healthcare provider reaches out to a family to help with anything medical, it should be compensated."Dr. Altmann says pediatricians can sometimes spend hours on the phone with patients at night, work they don't get paid for. Getting reimbursed for telehealth visits with patients would be a plus."Patients need to empower themselves to learn about telemedicine, to learn what questions to ask a doctor. Have an advocate or family member there to even help with the physical examination," suggested Dr. Monteith.Dr. Monteith says medical professionals estimate there have been more than one billion telemedicine appointments since the pandemic began. She hopes Congress passes the telehealth-related bills to further expand medical access to people across the country. 2932

The roaring American economy will probably sink into a recession before President Trump stands for re-election in 2020.At least that's the view of Ray Dalio, the billionaire investor who predicted the 2008 financial crisis."The probability of a recession prior to the next presidential election would be relatively high, 70% or something like that," Dalio said on Wednesday evening during an appearance at the Harvard Kennedy School's Institute of Politics.  471

The ratings for Anderson Cooper's exclusive interview with Stormy Daniels won't be available until Monday afternoon.But the outpouring of reactions suggest that her account of an alleged affair with Donald Trump in 2006 captivated viewers across the country.Several hours after the interview was broadcast, Daniels' name was still the No. 1 trending topic in the U.S. on Twitter. The adult film star was also a trending topic on Facebook.The sexual encounter allegedly happened a decade before Trump was elected president. But the apparent cover-up is much more recent."For us, it wasn't so much 'there was an affair.' That's not as much the headline. For us, it's everything that has happened since and how we've gotten to this point," Cooper said in an interview for CBSNews.com about his sit-down with Daniels."I think there's more to come on this story. I'm not saying necessarily on Stormy Daniels' aspect of the story, but on the methods that were used to keep her silent," Cooper told CBSNews.com. "If Stormy Daniels' story is true that a thug came up to her in a parking lot in Las Vegas in 2011 -- this is long before Donald Trump was a presidential candidate -- I mean, if somebody is using intimidation tactics, physical intimidation tactics, it's probably not the first time they've done it. So that's a potential story I would imagine people would look at: Has this kind of thing happened before? And I don't know the answer to that."The porn star's media-savvy attorney, Michael Avenatti, bluntly told Cooper, "This is about the cover-up."Sunday's "60 Minutes" broadcast marked the first time that Daniels described an alleged threat made in 2011, a few weeks after she agreed to tell a tabloid magazine about the alleged affair. (The magazine story wound up being nixed.)On the East Coast, the "60 Minutes" broadcast was delayed by an NCAA basketball game. But once the broadcast began, there was a mixture of shock, revulsion, and snark on social media -- as well as sex jokes.Some critics reacted by saying "there was no news" in the interview. But the interview itself was news -- representing Daniels' first time speaking on camera about the alleged affair, the hush money, and more. And there were new details about the alleged threat, plus her motivations for breaking her silence.Avenatti tweeted afterward: "Any claim that 'There was nothing new other than the details of the threat' is not only false but is also similar to asking 'Other than the short interruption Mrs. Lincoln, what did you think of the play?'"Daniels told Cooper that Avenatti advised her not to share any texts, photos, or other evidence of the affair for now.It "would be foolish" to share the evidence now, Avenatti tweeted. He added: "Tonight is not the end -- it's the beginning."The two-part "60 Minutes" story focused on the alleged cover-up and the possible campaign finance law violations."The Stormy Daniels story is certainly about sex but it's also -- and more importantly -- about financial and emotional intimidation," Margaret Sullivan wrote in a column for Monday's Washington Post."The ultimate verdict" on Cooper's interview "will be whether viewers accept his claim that this is serious news," Politico's Michael Calderone wrote.On cable news and on Twitter, there was lots of chatter about whether Trump would join the conversation by tweeting or saying something about the scandal.CNN's Kaitlan Collins reported on Sunday that Trump is irked by what he sees as wall-to-wall coverage of Daniels' claims.New York Times correspondent Maggie Haberman, who doubles as a CNN analyst, commented on Twitter that a standout part of the interview was Daniels' assertion that she was not attracted to Trump. Daniels referred to the relationship as a "business deal."Haberman said Trump "was incredibly proud of the 'Best Sex I Ever Had' NY Post front page" from decades ago. So Daniels' dismissive attitude "won't sit well."  3942