Asian stocks are following Wall Street's bloodbath as the US-China trade war heats up

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Asian equities slumped after US indexes tanked at least 2% on Monday. 'Markets are likely to take Trump's words with a few pinches of salt.'

Dow Jones Industrial Averageplunged 3.5%. US stocks are poised to open higher on Tuesday. Futures on those indexes are up at least 0.3%.China plans to raise duties on around $60 billion of American imports on June 1, in retaliation to the US raising tariffs from 10% to 25% on $200 billion of Chinese imports on Friday.

The Trump administration is preparing to expand tariffs to a further $300 billion of Chinese goods, although the president hasn't ruled out a trade deal and plans to meet his Chinese counterpart at next month's G-20 summit.according to Bloomberg"Markets are likely to take Trump's words with a few pinches of salt, given the many situations in the past which have not resulted in the easing of trade tensions," said Lukman Otunuga, a research analyst at FXTM.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

I honestly would not accept that China does not have a deal lucrative enough on the backburner that enables them to play hardball with the US like this

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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