Shares in mainland China and Hong Kong are trading lower as President Trump stays firm on his tariff threat.
The Shanghai Composite lost 1.8% while the Hang Seng fell by 2.8%.
China has vowed to retaliate against US tariffs, which will take effect in the next few hours.
"The escalation of trade tensions between the US and China will no doubt lead to a sharper decline in China's exports, with spillovers to domestic investment, the labour market, consumption and confidence," says Qian Wang, Asia Pacific chief economist from the Vanguard investment firm.
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