Mainland China and Hong Kong stocks slammed lower at open

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At Monday open:Shanghai Composite down 2.49%Shenzhen component down 3.86%ChiNext down 4.44%Hong Kong stocks open lower: Hang Seng down 2.5%, tech index down 2.43%. ---This in relation to renewed tensions with Trump. Late Friday:Trump announces a 100% tariff on China in addition to current tariffs, but not immediatelyChina responds over the weekend:China: Rare earth export control measures are 'legitimate', blames US for rising tensionSome TACO moves already, some murmurings of Trump already backing off. BRB with more on this:Taco time: Crypto jumps as Vance says Trump willing to be reasonable negotiatorLatest:Pentagon to buy $1bn in critical minerals to cut China relianceTrump says he thinks we are going to be fine with China, Nov 1 tariffs still the plan6.30am in Beijing. Traders might exercise caution, await China's response to Trump's caveGoldman sees US–China tariff standoff easing into prolonged pause, not full escalation This article was written by Eamonn Sheridan at investinglive.com.