Global markets already caught in the crossfire of Donald Trump’s escalating trade conflict with China took yet another hit Wednesday after the U.S. pushed ahead with plans to impose tariffs on an additional $200 billion in Chinese goods. The 10 percent tariffs proposed on items from clothing to television components to refrigerators further escalates a trade conflict that’s helped wipe out $2 trillion in value from global stock markets in the past month, according to data compiled by Bloomberg. “The fear is that the trade war is far from being over and tariffs will be enacted on both …read more
Source:: Yahoo Finance
