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US President Donald Trump has said he wants to provide about billion in aid for US farmers whose products have been hit by Chinese tariffs.

US Senator Ted Cruz of Texas and US Representative Francis Rooney of Florida have recently reintroduced the Stop Higher Education Espionage and Theft Act, which is intended to prevent "Chinese espionage" efforts at US universities.

US President Donald Trump said current interest rates constrain the economy, and he has urged a rate cut. However, the Federal Reserve is independent, and its actions are not subject to review.

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US President Donald Trump speaks to workers at a Whirlpool manufacturing facility on Aug 6, 2020 in Clyde, Ohio. [Photo/Agencies]

US card network Visa has submitted a license request to China's central bank to operate in the Chinese market, according to an emailed response on Friday.

US House Speaker Nancy Pelosi on Thursday welcomed what she called Trump's lack of "appetite" for military conflict with Tehran.

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US White House spokesperson Sarah Sanders said Thursday that Putin will be invited to Washington in the autumn, and "those discussions are already underway."

Ugarte said that CAF "deeply embraces the peaceful, cooperative, inclusive and mutual learning spirit that BRI is rooted in".

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US Secretary of State Mike Pompeo made the statement in response to Iranian President Hassan Rouhani's announcement of renewed activity at Fordow - the latest step taken by Teheran as it presses European leaders to make good on sanctions relief promised for compliance with a 2015 multilateral accord.

US stocks plunged Wednesday, closing below 20,000 for the first time in about three years and erasing nearly all gains made during President Donald Trump's time in office.