Global markets on downturn after China tariff retaliation

Global markets on downturn after China tariff retaliation | IFC Markets

Retreat in global equity markets persisted after China imposed retaliatory tariffs on $60 billion worth of imports from US last week. And harsh rhetoric of Beijing after negotiations ended with no date set for continuing trade talks with US cast a pall on prospects of US -China trade deal. The S&P 500 extended losses 0.8% while the ICE US ...

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Global markets on downturn after China tariff retaliation | IFC Markets