The White House criticizes China's decision to place tariffs of up to 25% on 128 U.S. imports including pork and wine which was in retaliation to U.S. President Donald Trump's decision to introduce tariffs on Chinese steel and aluminium imports.
The People's Republic of China lodges a complaint with the United States after President-elect of the United States Donald Trump speaks with President of Taiwan Tsai Ing-wen. The PRC and the United States view Taiwan as a breakaway province.
For the first time the United States seizes a North Korean merchant ship loaded with coal in the East China Sea sailing toward Indonesia. The ship is suspected of violating sanctions.
Chinese stocks are down, falling more than 5 percent as of midday, following U.S. President Donald Trump's threats to raise tariffs against Chinese-made goods on Sunday. The current negotiations for a new deal between the two countries, originally planned for Wednesday, are now in question. U.S. stock futures fell sharply as well.
A former CIA officer, Kevin Patrick Mallory, is sentenced to 20 years in prison by a federal judge in Virginia for spying for China.