Article 3M42D US stock markets sink on China trade war fears

US stock markets sink on China trade war fears

by
Edward Helmore in New York
from Economics | The Guardian on (#3M42D)

The major indexes as well as tech stocks tumbled despite Trump officials downplaying any likelihood new tariffs would be enacted

Investors fled US stocks on Friday after Donald Trump threatened more tariffs against Chinese goods, China vowed to battle "to the end" and US employment data missed analysts' expectations.

Related: China threatens 'Trump country' with retaliatory tariffs ahead of midterms

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