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The US Department of Commerce Friday recommended President Donald Trump restrict imports of steel and aluminum products by imposing steep tariffs, citing national security concerns.

The United States' latest accusations against China of unfair trade practices are untenable and flawed, China's ambassador to the WTO said in a recent response to the charges raised by the US in a paper.

The US also threatened tariffs on 0 billion worth of Chinese imports following its investigation, under Section 301 of the US Trade Act of 1974, of China's intellectual property policies and practices. In return, China has proposed retaliatory measures and vowed to fight to the end.

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The US State Department has not commented on Zarif's visa request. As host of the UN headquarters, the US is supposed to allow foreign officials to attend such meetings.

The UN Conference on Trade and Development (UNCTAD) on Monday released the second edition of the periodic Creative Economy Outlook: Trends in International Trade in Creative Industries here at a press conference.

The US manufacturing expanded in June as the PMI registered 60.2 percent, an increase of 1.5 percent points from the May reading of 58.7 percent, the Institute for Supply Management said on Monday.

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The UK was the first major Western country to apply to join the Asian Infrastructure Investment Bank (AIIB), the first to contribute to the AIIB special fund, and the first to sign the Guiding Principles on Financing the Development of the Belt and Road with China.

The US has also stated on multiple occasions that it is ready and interested in mediating the dispute, but its offers have been rejected by both China and India so far.

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The US Federal Reserve is likely to hold interest rates steady when it meets Tuesday and Wednesday in Washington, analysts believe.

The US Commerce Department said on Wednesday that this was the latest sign of robust economic growth in the second quarter.