Washington, May 8 (IANS) More than 100 bipartisan members of the US Congress have urged President Donald Trump to press Chinese President Xi Jinping for the release of jailed Hong Kong media tycoon and pro-democracy activist Jimmy Lai during their upcoming meeting, warning that the 78-year-old’s health is rapidly deteriorating.In a bicameral letter led by Representative Chris Smith and Senator Rick Scott, lawmakers said Lai’s 20-year prison sentence under Hong Kong’s National Security Law …

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Washington, May 8 (IANS) Lawmakers in the US House of Representatives have move a legislation to ban members of Congress and their staff from trading on prediction markets. It comes days after the Senate unanimously adopted similar restrictions amid growing scrutiny over potential insider trading and ethics concerns.Republican Congresswoman Ashley Hinson of Iowa on Thursday introduced a resolution to amend House rules and prohibit lawmakers, congressional staff and House officers from entering a…

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Washington, May 8 (IANS) A US federal trade court struck down President Donald Trump’s latest global tariff move, ruling that the administration exceeded its authority under a 1974 trade law while trying to impose a 10 per cent import surcharge on goods entering the United States.In a 2-1 ruling, the US Court of International Trade said the Trump administration could not rely on broad trade and current account deficits to justify the tariffs under Section 122 of the Trade Act of 1974.The court…

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