China

China trade war: Trump expresses regret at escalating crisis

 President Donald Trump attends a bilateral meeting at the G7
President Donald Trump attends a bilateral meeting at the G7 summit in France. Photo: Dylan Martinez/Pool/Getty Images

President Trump appeared to express regret Sunday about the United States' escalating trade war with China, the Washington Post reports. But he told gathered reporters, "it has to happen."

Why it matters: This is the first time he has indicated any regret that his trade war with China had spiraled into an international crisis, as WashPost notes.

Driving the news: Trump said Friday he would raise tariffs against China, hours after the Chinese government announced hours it would levy retaliatory duties on earlier U.S. action. China has since vowed to continue fighting the trade war "until the end."

Editor's note: This is a developing news story. Please check back for updates.

Go deeper: Stocks plunge after Trump's trade tweets

Hong Kong turns violent in new police crackdown on protesters

Police officers throwing tear gas to disperse protesters during a rally in Hong Kong
Photo: Fuat Kabakci/Anadolu Agency/Getty Images

Hong Kong police said they arrested 29 people after overnight clashes in which they fired tear gas at protesters during the 12th consecutive week of demonstrations, as the city braced for another massive rally Sunday, Reuters reports.

Why it matters: The demonstrations in the Chinese-controlled territory have morphed from attacking an extradition bill to "full-blown antigovernment protest movement," writes the Wall Street Journal. Though the proposed bill has been deferred, protesters are demanding it be completely withdrawn, along with immunity for those who have been arrested and an investigation into police violence.