- US stocks are set to tumble, while Asian and European stocks slipped on Monday.
- Trump could expand duties to a further $325 billion of Chinese products after a tariff hike on Friday.
- Chinese officials have pledged to take any “necessary countermeasures” and refused to swallow “bitter fruit” that hurts their interests.
- “Investors are again growing worried on what China’s response will be,” says one analyst.
Source: US stocks set to plunge as traders fret about China’s response to Trump’s trade war
