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AP

China "will not sit idly by" if the U.S. proceeds with a sale of advanced F-16V fighter jets to Taiwan, a senior Chinese army officer said Thursday while warning of other potential countermeasures in addition to punishing foreign firms involved in the deal.

AP

The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection.