, one government source told CNBC's Eunice Yoon on Monday. China is concerned after President Donald Trump said there would be no tariff rollback, which Beijing had thought both parties had agreed in principle, Yoon reported.
There were hopes over the weekend that talks, aimed at sealing a "phase one" of a trade agreement, could be progressing with a report by Chinese state media stating that "constructive" trade talks had taken place between Washington and Beijing. Unrest in Hong Kong is also being closely watched by investors. A Hong Kong University campus stand-off between anti-government protesters and police has now entered its third day. The city's leader Carrie Lam has urged a peaceful solution.have no power to rule on a proposed ban on face masksIn European news, focus in the U.K. remains on political campaigning.
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