People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, Sept. 10, 2018. AP Photo/Vincent Yu
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Hong Kong and Shanghai led a broad sell-off across most Asian markets Monday after Donald Trump threatened to impose tariffs on all Chinese imports, ramping up fears of an all-out trade war between the world's top two economies.The president's comments Friday added to the uncertainty on trading floors, which have also been hit by concerns of a brewing financial crisis in emerging markets.They also overshadowed data showing a bigger-than-forecast jump in U.S. jobs creation for August and sent all three main indexes on Wall Street into negative territory.Hong Kong stocks suffered the sharpest losses, falling 1.3 percent, while Shanghai ended down 1.2 percent with news that China's trade surplus with the U.S. hit a record in August – adding to concerns Trump will push ahead with the tariffs.Dollar/yen: DOWN at 110.99 yen from 111.02 yen
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