
Stocks Savaged as China Retaliation to Trump Tariffs Fans Trade War
This is Beirut, 07/04 10:15 - Reading : 6 minute(s)
Donald Trump United States Tariffs China Asia
Asian equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. Trading floors were overcome by a wave of selling as investors fled to the hills, with Hong Kong's loss of 12 percent its worst in more than 16 years, while Taipei ...