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Squawk Box anchors discuss the economic battle lines on the trade front, after President Trump describes the atmosphere between Washington and Beijing as “testy”. We cross live to Hong Kong where government offices stay closed after mass protests against a controversial extradition bill turned violent. Asian equities move lower following back-to-back losses on Wall Street, while the oil price hovers around a 5-month low. We are live in Luxembourg where euro zone finance ministers consider the European Commission’s disciplinary proposals against Italy over its debt issues. And in the UK, Boris Johnson has launched his campaign to replace Theresa May as Prime Minister and leader of the Conservative Party.