Global stocks are a sea of red on trade-war fears after Trump says China ‘broke the deal’

  • 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’

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