Asian shares slip to six-month lows
Markets have been spooked since US President Donald Trump said he will slap tariffs on Chinese imports, ending a month-long trade truce, with China vowing to fight back
05 August 2019 - 08:24
Sydney — Asian shares slid to six-and-a-half-month lows on Monday and the yuan slumped to a more than decade trough as a rapid escalation in the Sino-US trade war sent investors stampeding to traditional safe harbours including the yen, bonds and gold.
Markets have been badly spooked since US President Donald Trump abruptly declared he would slap 10% tariffs on $300bn in Chinese imports, ending a month-long trade truce. China vowed on Friday to fight back...
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