China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.

President Trump delayed tariffs on Mexico and Canada, but imposed 10% levies on China, prompting Beijing to retaliate. Follow along for live updates on stocks and markets, including the Dow Jones Industrial Average,

After Donald Trump imposed new tariffs on Chinese goods, as well as 25 percent duties on imports from Canada and Mexico, leaders from both countries retaliated swiftly, Bloomberg reported. Canada announced a 25% counter-tariff on $107 billion of U.