Trump did not specify how China violated the agreement. A U.S. official said China appeared to be moving slowly on promises to issue export licenses for rare-earth minerals.

President Donald Trump sent stock futures diving early Friday after he accused China of breaking the handshake pact the two countries made in Geneva earlier this month that had helped reset a trade standoff.

The fragile US-China trade agreement that was patched together earlier this month in Geneva is already on the edge of collapse, according to the Wall Street