Tensions between U.S. and China have flared up after a hiatus following a meeting between Treasury Secretary Scott Bessent and his Chinese counterpart in Geneva.

China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to safeguard its interests.

China accused the US of introducing new discriminatory restrictions, including new rules on AI chip exports and the revocation of Chinese student visas.

China has refuted U.S. President Donald Trump's claims of breaching the Geneva trade agreement, labeling them as unfounded.

China has angrily responded to Trump’s accusation that the country has violated the 90-day trade truce, and says it will protect its interests.

Stock index futures traded in the red on Monday, as U.S.-China trade tensions escalated, while investors turned toward a week full of key macroeconomic releases. S&P 500 futures (SPX) -0.6%, Nasdaq 100 futures (US100:IND) -0.

U.S. Treasury yields moved higher as investors monitored tariff updates including deteriorating relations with China and a legal battle with a trade court.