NewsFeeder
06-18-2018, 10:16 PM
[$$] Fresh Trump tariff threat sends Asia stocks lower
“China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology,” US President Donald Trump said. The moves came after Mr Trump said in a statement on Monday evening in the US that he had directed the US Trade Representative to identify $200bn of Chinese goods for additional tariffs at a rate of 10 per cent. That came after China responded at the weekend in equal measure to US plans, announced last week, for tariffs on $50bn of Chinese goods. The Hang Seng index was off 2.1 per cent in Hong Kong, at its lowest point since early April, while the Hang Seng China Enterprises index sank 2.6 per cent. The CSI 300 index of major Shanghai- and Shenzhen-listed stocks dropped 1.4 per cent.
https://finance.yahoo.com/m/3f90f2e1-1f02-3a16-be33-f3a42da0d2f5/%5B%24%24%5D-fresh-trump-tariff.html?.tsrc=rss
“China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology,” US President Donald Trump said. The moves came after Mr Trump said in a statement on Monday evening in the US that he had directed the US Trade Representative to identify $200bn of Chinese goods for additional tariffs at a rate of 10 per cent. That came after China responded at the weekend in equal measure to US plans, announced last week, for tariffs on $50bn of Chinese goods. The Hang Seng index was off 2.1 per cent in Hong Kong, at its lowest point since early April, while the Hang Seng China Enterprises index sank 2.6 per cent. The CSI 300 index of major Shanghai- and Shenzhen-listed stocks dropped 1.4 per cent.
https://finance.yahoo.com/m/3f90f2e1-1f02-3a16-be33-f3a42da0d2f5/%5B%24%24%5D-fresh-trump-tariff.html?.tsrc=rss