Asian markets sink after trade war escalates

Asian markets sink after trade war escalates

Asian stock markets tumbled Monday after a sharp escalation in the US-China trade war. On Friday, US President Trump announced tariff hikes on effectively all Chinese imports to the US. It came after Beijing said it would impose fresh duties and raise tariffs on US imports. The Hong Kong’s Hang Seng index slid 3.2 per cent while the Shanghai Composite fell 1.3 per cent.

KCooper
KCooper
Naidu VGA
Naidu VGA 7 months

Was this a ploy by some group to hit the market and get everyone jittery enough for later benefit

Pat
Pat 7 months

there is so much going on in the world right now i have no clue how this will be recorded in history well.

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