World markets reel from Trump’s latest round of China tariffs
European stocks posted their biggest drop of 2019 on Friday and German bond yields hit record lows as tariffs cause a stampede for safe-haven assets
02 August 2019 - 12:02
London — European stocks posted their biggest drop of 2019 on Friday and German bond yields hit record lows after US President Donald Trump fired his latest trade war salvo at China, jolting markets and sparking a frenzied bid for safe-haven assets.
Trump is imposing a 10% tariff on $300bn of Chinese imports from September 1, escalating a bruising and protracted trade war between the world’s two biggest economies...
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