Italy crisis: Asian shares and euro fall sharply as fears spread
by Martin Farrer and agencies from on (#3R8EG)
The single currency hits a 10-month low as concern about US tariffs on China adds fuel to selloff in stock markets
Shares in Asia fell sharply and the euro sank to a 10-month low against the US dollar as concern about the political turmoil in Italy spread through international financial markets on Wednesday.
Renewed fears of a trade war between the United States and China also contributed to the negative mood after Donald Trump announced $50bn worth of tariffs on Chinese goods just days after his treasury secretary said the trade war was "on hold".
Related: Italy at risk of new financial crisis in wake of coalition's collapse
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