China says it will not bow to US pressure after Trump threatens additional 50% tariffs – business live
Beijing vows to safeguard its interests after Trump promises steeper tariffs if China doesn’t retract planned countermeasures, as markets brace for further volatility
Japan’s benchmark Nikkei 225 index has now risen 5%, news reports are saying.
The jump comes after financial markets across the globe posted a third day of losses on Monday as investors worried that steep trade barriers around the world’s largest consumer market could lead to a recession. Continue reading...
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