According to reports from CNBC Television, President Donald Trump has recently stated that China has "totally violated" its agreement with the United States. These comments come at a time when trade talks between the two nations appear to be stalled.

Canada's main stock index slipped on Friday, as trade worries over U.S. President Donald Trump's accusation in a social media post of China violating a tariff agreement offset positive sentiments about domestic economic growth.

The remarks from both sides raise concerns that a trade war could erupt again between the two largest economies.