mo4ch:>Trump tariffs: Markets fall as trade war fears mount
Trump tariffs: Markets fall as trade war fears mount
Trump tariffs: Markets fall as trade war fears mount
19 June 2018
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Getty Images
Stock markets have fallen around the world in the wake of President Trump's latest tariffs threat to China.The Dow Jones was down more than 300 points (1.6%) when New York trading opened and Asian and European markets had also fallen sharply earlier.Mr Trump has threatened to put tariffs on an extra $200bn (£141bn) of Chinese goods, sparking fears of a trade war.The US president said the tariffs would be imposed if China "refuses to change its practices". He condemned China's "unfair practices related to the acquisition of American intellectual property and technology" and added: "Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong."
The markets reacted badly with China's Shanghai Composite doing the worst in Asia, ending …
Trump tariffs: Markets fall as trade war fears mount
19 June 2018
Image copyright
Getty Images
Stock markets have fallen around the world in the wake of President Trump's latest tariffs threat to China.The Dow Jones was down more than 300 points (1.6%) when New York trading opened and Asian and European markets had also fallen sharply earlier.Mr Trump has threatened to put tariffs on an extra $200bn (£141bn) of Chinese goods, sparking fears of a trade war.The US president said the tariffs would be imposed if China "refuses to change its practices". He condemned China's "unfair practices related to the acquisition of American intellectual property and technology" and added: "Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong."
The markets reacted badly with China's Shanghai Composite doing the worst in Asia, ending …