Stock markets fall further in UK, Germany, France and Spain as trade war escalates, after China says it will not ‘sit idly by’
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China has announced new tariffs of 84% on imports of all US goods, in a move that sent stock markets falling further and will raise fears of further escalation of Donald Trump’s trade war.
The Chinese ministry of finance said on Wednesday that it would impose 84% tariffs on US goods from Thursday, up from the 34% previously announced.
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