Shares in Asia were down this morning, following Wall Street losses, which saw the Dow Jones Industrial Average down 200 points.
Chinese assets are in red, with Shanghai Composite losing 0.37% and Shenzhen Composite down by 0.203%.
Hang Seng declined by 0.63%.
In Japan, the Nikkei 225 fell 1.36% in the morning trading, with FamilyMart's shares losing more than 5%. Topix also declined by 1.11%. In South Korea, Kospi lost 1.54%, with Samsung Electronics dropping more than 1.5%.
All sectors shine red and in Australia, where the local index ASX 200 is 0.78% below its opening price.
Investors remain cautious against the backdrop of new developments between Beijing and Washington and renewed trade strain.
Trump said on Monday that the US is not ready to enter into a deal with China before adding that it expects such a deal in the future. The president then also said that tariffs could be tangible.
Still, worries about trade talks did not allow markets to record profits. Trump's comments followed the Chinese newspaper Xinhua, which made it clear that China would not succumb to the wishes of the United States.
"Trump plays the Game of Thrones with foreign and local opponents," said Ed Yardeni, president of Yardeni Research. "As he is the president of the world's largest economic and military power, he claims he will carry out many deals with them, which will be of great benefit to the United States in the short term. The results so far are mostly disappointing. "
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