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GLOBAL MARKETS-Stocks reel as Trump tweets on China unnerve markets
European stocks tumbled to a one-month low and German bond yields slipped back into negative territory on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets. In a surprise twist on Sunday, Trump said he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon, signalling a major shift. Trump had earlier cited good progress in trade talks and praised his relationship with Chinese President Xi Jinping.
https://finance.yahoo.com/news/global-markets-stocks-reel-trump-083743934.html?.tsrc=rss
European stocks tumbled to a one-month low and German bond yields slipped back into negative territory on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets. In a surprise twist on Sunday, Trump said he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon, signalling a major shift. Trump had earlier cited good progress in trade talks and praised his relationship with Chinese President Xi Jinping.
https://finance.yahoo.com/news/global-markets-stocks-reel-trump-083743934.html?.tsrc=rss
