Beijing vows countermeasures whether Trump administration acts on latest threat of tariffsGlobal investors occupy been rattled after a threat by the Trump administration to impose 10% duties on $200bn (£151bn) of imports prompted protests from Beijing and brought an all-out trade war a step closer.
Stock markets headed lower in the US, Asia and Europe on Wednesday as the US warned that it would press ahead with further tariffs and China promised to “fight back as usual” with “firm and forceful measures” whether they were enacted. Related: From eels to anvils: Trump's new China tariffs revealed Continue reading...
Source: theguardian.com