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"Everyone's hoping [tariffs] will go away. The only certainty is there's a 25 percent tariff, and you have to run your business looking at that being in place for the foreseeable future. Both sides have to be willing to compromise, and we don't see that happening right now," Wanek told Furniture Today, an industry trade publication.

"Designation was blatant/errant political act," Sobel tweeted Monday.In a recent statement, the People's Bank of China, the central bank, said China will continue to let the market play a decisive role in exchange-rate formation and keep the renminbi's exchange rate generally stable at a reasonable and balanced level.

"Digital transformation of enterprises is the core support of digital economy's development. Growth and innovation relying on 11 digital technologies of the third platform, which include cloud computing, big data, mobile, social, artificial intelligence, block chain, internet of things, augmented/virtual reality (AR/VR), 3D printing, robots and next generation security, are the core of digital transformation, " Fok said.

"During an investment, we don't simply look for financial return, but focus on more to create an entire industrial chain for the local area in order to achieve mutual development, economic benefit and value."

"Despite the strong commitment of the Chinese authorities, important challenges remain to curbing the spread of the disease and enforcing ASF prevention and control measures in the field," he said, citing reasons including that China possesses almost half of the world's pig population, often in high density enclosures, and that the ASF virus can survive long periods in both cold and hot conditions, and even in dried and processed pork products.