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The US side said that the US-China economic and trade cooperation has been a stabilizing force for bilateral relations for a long time, and the US business circle has been a firm supporter for US-China relations.

The US threat of imposing an additional 10 percent tariff on 300 billion dollars worth of Chinese goods starting Sept 1 disrupted market expectations, causing global stock and foreign exchange markets to slump, said Zhang Yansheng, a researcher with the China Center for International Economic Exchanges.

The United States government's latest argument in the case, outlined in a court filing last week, suggests that the Trump administration believes it may not have to produce conclusive evidence of past wrongdoing by Huawei to uphold at least some of its actions.

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The US sets an annual cap of 85,000 H-1B visas, which includes 20,000 for foreign workers with advanced degrees. Less than a week after the application period opened for 2017 H-1B visas, the annual cap was reached from a pool of 199,000 applications, the US Citizenship and Immigration Services said earlier this month.

The US Secretary of State is in London for talks with British officials on the special relationship between the two countries amid heightened tensions with Iran and Brexit uncertainty.

The US embassy said in a statement, "due to militia attacks at the US embassy compound, all public consular operations are suspended until further notice. All future appointments are cancelled. US citizens are advised to not approach the embassy."

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The US president is expected to arrive in Singapore on Sunday evening.

The US embassy in China could not be reached for comment on Monday.

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The US has ignited the largest trade war in economic history, as additional tariffs on Chinese goods violate World Trade Organization rules and represent a typical "trade bully", posing a grave threat to the global industrial value chain, according to a statement by the Ministry of Commerce.

The US dollar as a global reserve currency, on the one hand, contains certain costs and can be burdensome to the US economy. On the other hand, this phenomenon has brought tremendous benefits to its own economy and consumers.