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The USDA said Thursday that corn export sales totaled 284,400 metric tons for the week ending Oct 3, below the low end of forecasts that ranged from 500,000 metric tons to 800,000 metric tons.

The US recorded 68,212 new cases on Saturday, taking the total number of cases to 4,174,437, Johns Hopkins University reported in its real-time tally. Another 1,067 deaths were reported, taking the country's number of fatalities to 146,391.

The UK — "one of the most attractive investment destinations in the world" - should have the confidence to work with fast growing investment from China, he stressed.

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The US has also sent its aircraft carrier task group USS Carl Vinson and a nuclear submarine to waters off the Korean peninsula, besides carrying out nuclear bomb dropping drills in ROK and test launching two intercontinental ballistic missile within one week from California to the Western Pacific over the past two weeks.

The US imposed the preliminary tariff in March on uncoated groundwood paper imported from Canadian mills and used as newsprint by the US newspaper industry.

The US heartland, already coping with record floodwaters, may have to wait for some relief.

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The US death toll from the virus stood at 136,000 Wednesday, but the country should hit 157,000 by August 8, according to an average of models of 23 research groups in the United States and elsewhere. Some of the models estimate the death-toll will rise above 220,000 by November.

The USTR also identified an additional 0 billion in goods slated for a 10 percent duty after China retaliated in an escalating trade war. US President Donald Trump has said he is "ready to go" with tariffs on 0 billion in imports.

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The US move would reverse years of opposition from federal health authorities amid public outcry over high prices for life-sustaining medications. The drug industry has successfully blocked past efforts in Washington to allow importation.

The US economy will recover from the COVID-19 pandemic, but the process could stretch through until the end of 2021, Powell said.