The Center for Strategic and International Studies projected that exports of U.S. goods to China could come in at only $60 billion for the entire 2020 — much lower than what's outlined in the "phase one" trade deal.
Chinese authorities on Sunday reclassified the city of Shulan in China's northeastern province of Jilin as high-risk for the coronavirus after 11 new cases were confirmed there on May 9.
Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively.
Russia is now the world's fifth-most infected country with more than 187,800 cases, surpassing Germany and France, according to data from Johns Hopkins University.
New York is investigating how Covid-19 impacts children after a 5-year-old boy in New York City died due to coronavirus-related complications, Gov. Andrew Cuomo said Friday.
Salesforce will deploy a call center as well as a customer relationship and case management system that will help the city track potential cases and isolate people before they become sick, de Blasio said.
"We will all be supply constrained for quite some time, meaning we won't be able to make as many product as will be required to vaccinate everyone on the planet," CEO Stephane Bancel said on CNBC's "Squawk Box."
The World Health Organization is holding a briefing Friday on the coronavirus, which has infected more than 3.8 million people worldwide and killed at least 269,881.
The U.S. employment report for April is expected to be out at 8:30 a.m. ET Friday. Economists expect that more than 20 million jobs were lost last month, according to Dow Jones.
U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke to Chinese Vice Premier Liu He late Thursday Eastern time.
China is likely to use the crisis as an opportunity to raise its profile and expand its influence particularly over countries hard-hit by the pandemic, analysts say.
California Gov. Gavin Newsom announced on Thursday a list of health guidelines that retailers, manufacturers and warehouses must adopt to begin offering curbside pick-up as early as Friday.
Hydroxychloroquine, a decades-old malaria drug touted by President Donald Trump, didn't appear to help hospitalized patients with Covid-19, according to a new observational study.
"We don't think it will have this very rapid seasonal change that we have to deal with influenza," the head of the NIH tells Congress.
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