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Photo: Jim Watson/AFP/Getty Images

Following testimony on Capitol Hill Wednesday, U.S. Trade Representative Robert Lighthizer said the U.S. will take steps to abandon its plans to increase tariffs on $200 billion of Chinese goods, the WSJ reports.

The big picture: President Trump announced this week that the scheduled hike would be delayed due to “substantial progress” in trade talks with China. Lighthizer's revelation that the U.S. could formally abandon any tariff hike could be seen as a further indication that talks are going well. However, as one of the enforcement mechanisms that a trade deal would include, Lighthizer testified that officials from both countries would meet frequently for "consultations" on potential violations, and that tariffs could be reimposed if China fails to live up to its pledges.

Go deeper

53 mins ago - Health

U.S. ahead of pace on vaccines

A health care worker administers a dose of the Moderna vaccine in Ruleville, Mississippi. Photo: Rory Doyle/Bloomberg via Getty Images

The U.S. is now vaccinating an average of 2 million people a day, up from 1.3 million in early February.

Why it matters: That puts us on track to hit President Biden's goal of 100 million doses a month ahead of schedule.

Updated 3 hours ago - Politics & Policy

Harris breaks tie as Senate proceeds with lengthy debate on COVID relief bill

Photo: Oliver Contreras/Bloomberg via Getty Images

The Senate on Thursday voted 51-50 — with Vice President Kamala Harris breaking the tie — to proceed to debate on President Biden's $1.9 trillion coronavirus rescue package, likely setting up a final vote this weekend.

The state of play: Sen. Ron Johnson (R-Wis.) is forcing the Senate clerk to read the entire 628-page bill on the floor, a procedural move that will likely add 10 hours to the 20 hours already allotted for debate.

4 hours ago - World

Netanyahu campaigns against Biden's plan to save Iran deal

Netanyahu campaigns at a gym last month. Photo: Pool/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu indirectly criticized the Biden administration for its intention to return to the Iran nuclear deal and told his supporters he was prepared to "stand against the entire world" to stop it.

Why it matters: This is a major change of tune for Netanyahu, who had been careful in his statements on the Iran deal and avoided publicly criticizing President Biden. The statement was part of Netanyahu's attempt to rally his base ahead of Israel's election on March 23.

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