Global investors rattled as all-out trade war moves step closer
by Phillip Inman and Lily Kuo in Beijing from on (#3TQ2F)
Beijing vows countermeasures if Trump administration acts on latest threat of tariffs
Global investors have been rattled after a threat by the Trump administration to impose 10% duties on $200bn (151bn) of imports prompted protests from Beijing and brought an all-out trade war a step closer.
Stock markets headed lower in the US, Asia and Europe on Wednesday as the US warned that it would press ahead with further tariffs and China promised to "fight back as usual" with "firm and forceful measures" if they were enacted.
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