** Australian mining stocks index .AXMM fall 2.2% heading for their biggest fall since Dec. 19, if losses hold
** Subindex hits lowest level since Jan. 13
** Over the weekend, U.S. President Donald Trump imposed tariffs on China, Australia's top trading partner and a major consumer of iron ore used for manufacturing steel
** Trump's tariffs are likely to weigh on the growth for Australian mining companies due to their exposure to China
** Shares of BHP Group BHP.AX and Rio Tinto RIO.AX fall over 2% each
** Rio shares hit lowest level since Jan. 7
** AXMM up 3.6% this year as of last close, vs a more than 4% increase in the benchmark index ASX 200 .AXJO