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US-China trade war: Stock markets PLUNGE 200 points after Trump unveils new tariffs

Express.co.uk
US-China trade war: Stock markets PLUNGE 200 points after Trump unveils new tariffs

Stocks began to be traded lower today as a trade war between the US and the other major economies became a reality after President Donald Trump unveiled new tariffs on Chinese goods. President Trump published a list of Chinese goods he will give a tariff of 10 percent on, which are worth a total of £151 billion. Experts have said that the outlook of the trade war depends on how China responds to the tariffs on its imports. GETTY Trump's tariffs on China goods have caused markets to plunge in Asia China seems to have no interest in bending and they will retaliate Market expert, Peter Boockvar Chief investment officer at Bleakley Financial Group, Peter Boockvar, said: “At this point I’m hoping