Chinese stocks listed in Hong Kong will come under renewed pressure when they resume trading on Monday following a three-session break, after US President Donald Trump fired the first salvo of his tariff war.

Hong Kong Chief Executive John Lee also said Donald Trump's second presidency marks a “good start” for US-China relations.

From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald Trump has imposed on imports from Canada,

President Donald Trump reiterated his vow to “take back” the Panama Canal on Sunday, warning of “powerful” US action in an escalating diplomatic dispute with the Central American country over China’s presence around the vital waterway.

Panama’s government and President José Raúl Mulino have repeatedly denied that there is any Chinese presence at the canal.

Secretary of State Marco Rubio is arguing that the presence of two Hong Kong companies and other Chinese firms violates a treaty Panama has with the United States.