Trump said Tuesday that an agreement on the "Phase 1" deal announced last month "could happen soon." But he warned he was ready to raise tariffs "very substantially" if that fails.
In Asia, the Shanghai Composite Index lost 0.3% to 2,905.24 and Tokyo's Nikkei 225 sank 0.9% to 23,319.87. Hong Kong's Hang Seng tumbled 1.8% to 26,571.46. The protests began in June over a proposed extradition law and expanded to include demands for greater democracy and other grievances. Hong Kong tumbled into its first recession in a decade in the latest quarter.