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The US had recorded 1,204,475 cases by that time, also the highest in the world, the university's tally shows. Globally, over 3,670,000 people have been infected.

The US Chamber of Commerce backs the USMCA, and its regional affiliates have held 93 meetings with lawmakers during Congress's summer recess, including 40 Democrats.

The US Commerce Department said on its website that it issued a 90-day license to allow Huawei to purchase US technology in order to maintain existing networks and provide software updates for existing Huawei handsets.

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The U650 was developed based on Spain's Colyaer Freedom S100 amphibious ultralight aircraft, whose intellectual property rights were wholly acquired by the Shanghai company, according to UVS.

The US-China trade frictions have brought concerns of great uncertainties to the market, which has led to recent yuan fluctuations, according to E Zhihuan, chief economist at the Bank of China (Hong Kong).

The US topped the ranking with 18 fintech companies placing in the top 100, including three in the top 10, followed by the UK with 12, and China with 11. Australia and Singapore also placed strongly with seven and six companies, respectively.

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The United States' unlawful seizure of Huawei telecommunication equipment is another technical restriction the US has imposed on China as it becomes increasingly concerned about the company's rising 5G capability, an industry expert said after the Chinese company filed a lawsuit against the US Department of Commerce on Friday.

The US Consul General in Wuhan, Hubei province, has thanked a policewoman with the Wuhan Municipal Public Security Bureau for helping with the emergency drills at a local international school.

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The US Fed's rate cut took place as the rate of coronavirus infections outside China is accelerating, while the epidemic shows signs of easing in China. Analysts said the move may lead some other central banks to join a new round of monetary easing and global liquidity expansion.

The UK's international trade secretary Liam Fox expressed similar enthusiasm, hailing BT's new licenses as a "major milestone", which exemplify the efforts of his department to "open up markets and ensure that UK companies are represented on the global stage".