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Chinese imports of American goods also dropped sharply, suggesting the trade war is hurting both countries.
If the law is passed, the US could remove Hong Kong's special commercial status, potentially exposing it to tariffs on Chinese goods.
"France charges us a lot for the wine. And yet we charge them very little for French wine. You know what? It's not fair. We'll do something about it."
A ban on durian imports has been lifted in China, so Malaysia is gearing up supply in anticipation.
Avocados, cars, and all the other products that will get more expensive if Trump puts a 5% tariff on Mexican imports
The US imports more agricultural products — such as avocados — from Mexico than any other of its trading partners.
Chipotle's stock slid 2%in pre-market trading as investors braced for tariffs on Mexican avocados to drive up its guacamole costs.
Stocks fell on the news of Trump's tariffs on Mexican goods, China's rare-earth plans, and a contraction in Chinese manufacturing.
Stocks are dropping after China threatens to cut off trade-war talks, accusing the US of ‘petty tricks’
"If there is no real concrete action by the United States, it will be meaningless for you to come and talk," China's ruling party wrote.
Stocks are rallying on hopes of a US-China trade deal after Trump received a ‘beautiful letter’ from China’s president
Asian and European stocks rebounded on Friday after Trump received a "beautiful letter" from China's president and called for cooperation on a trade deal.
Avocado prices have surged more than a third as buyers freak out about Trump’s threat to shut the border with Mexico
Avocado prices spiked 34% Tuesday, their biggest daily increase in more than a decade.