On Tuesday, U.S. President Donald Trump said his country would "no longer tolerate abuse" on trade.
Overnight on Wall Street, the Dow Jones Industrial Average fell by 181.45 points, while the S&P 500 slid by 0.4 percent. U.S.-China trade tensions also remained a focus for markets.
Tariffs between the U.S. and China are set to go into effect at 12.01 p.m. HK/SIN on Monday.
China has canceled planned trade discussions with the U.S. amid rising tensions and new tariffs, The Wall Street Journal reported on Friday.
A high speed train service linking Hong Kong to southern China gets started on Sunday. Officials see it as a major breakthrough in convenience with important economic benefits, while critics in Hong Kong say it marks an erosion of its…
On Wednesday, China's Jack Ma said his company Alibaba is no longer planning to create 1 million jobs in the U.S. as a result of souring trade relations between the two largest economies in the world.
P&G said its shaving subsidiary will immediately stop buying the hair and sell off its existing inventory, which ranges in price from $30 for an entry-level brush to $250 for its Silvertip Engraved brush.
Beijing retaliated by slapping duties on approximately $60 billion of U.S. goods after the Washington imposed tariffs on about $200 billion of Chinese imports.
President Donald Trump will impose 10 percent tariffs on $200 billion worth of Chinese imports, and those duties will rise to 25 percent at the end of the year, according to a Monday announcement from the White House.
Beijing could decline to participate in proposed trade talks with the U.S. if Washington decides to impose news tariffs on Chinese goods, according to a report by the Wall Street Journal.