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The US State Department says the visit reaffirms the Trump administration's commitment to enhance US economic and security interests in the Asia-Pacific region.

The United States has more coronavirus cases than anywhere else in the world, with more than 784,500 infected and at least 42,100 dead as of Monday.

The US is the largest contributor - responsible for 22 percent of the more than .3 billion regular budget for 2019, which pays for work including political, humanitarian, disarmament, economic and social affairs and communications.

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The US-China trade is not a zero sum game, and what China gained does not mean the loss of the United States, O'Hollaren said.

The US stocks posted a huge loss in the week ending Dec 21 as investors digested central bank's latest rate hike decision and a batch of economic data.

The United Nations Conference on Trade and Development said in its latest report that the global economy is likely to contract by 4.3 percent this year and the contraction will leave global output by the end of the year over trillion short of economists' expectations before the COVID-19 pandemic. That contraction and shortfall would be the equivalent of a complete wipeout of the Brazilian, Indian and Mexican economies.

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The United States on Tuesday proposed imposing tariffs on 1,300 Chinese-made products worth about billion, focusing on high tech products while seeking to minimize the impact on US consumers, according to Bloomberg.

The United States has registered over 5.3 million COVID-19 cases as of 1 a.m. (0500 GMT) Sunday, according to the real-time tally maintained by Johns Hopkins University.

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The US Department of Justice, questioning Harvard University's use of race as a criterion in its admissions process, on Thursday supported Asian-American applicants suing the Ivy League school for discrimination.

The United States surpassed the threshold of 5 million COVID-19 cases on Sunday, 17 days after reaching 4 million cases, according to the Johns Hopkins University tally.