The United States, European Union, Canada and Switzerland, home to some of the world's biggest food companies, have pressed Mexico to delay upcoming health warnings on processed food and drinks, a World Trade Organization document showed. The Mexican standard, scheduled to take effect in October, will require front-of-pack nutrition labeling that clearly describes the health risks posed when those products are high in sugars, calories, salt, and saturated or trans fat. Mexico, the largest consumer of processed food in Latin America and the fourth-largest in the world, has long struggled with high rates of obesity and diabetes.
The United States in recent weeks has made deals to acquire hundreds of millions of doses of potential COVID-19 vaccines from several companies as part of its Operation Warp Speed program, which aims to deliver a vaccine in the country by the end of the year. Moderna's price per dose comes to around $30.50 per person for a two dose regimen. With the exception of its deal with AstraZeneca, which offered a lower price per drug in exchange for upfront research and development costs, all the deals price COVID-19 vaccines between $20 to $42 for a two dose course of treatment.
It would mark the first time the United States has attempted to shut down widely used mobile internet apps. How would the U.S. go about blocking access to TikTok and WeChat? The administration could order smartphone software giants Apple Inc and Alphabet Inc's Google to remove WeChat and TikTok from their app stores.
China is continuing to buy U.S. goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, top White House economic adviser Larry Kudlow said on Tuesday. Asked if deteriorating ties between the world's two largest economies on other fronts could result in the trade deal being thrown out the window, Kudlow said, "No, no."