- Global stocks and US futures fell after US President Donald Trump accused China of scuppering the two nations’ trade talks.
- The news fanned fears that his threatened tariff increases on $200 billion of Chinese goods will kick in on Friday.
- “China broke the deal,” Trump said at a rally on Wednesday night.
- “If the two sides increase the tariffs … growth on a global scale will take a hit,” said one analyst.
Source: Global stocks are a sea of red on trade-war fears after Trump says China ‘broke the deal’