Tuesday, April 3, 2018

China Vows Retaliation With "Same Scale, Intensity" To Any New US Tariffs

Trump’s aggressive trade war overtures and China"s initial retaliatory moves have spooked Wall Street over the past week and again on Monday, which helped drive down the Dow Jones by 459 points, with the Nasdaq Composite quickly approaching correction territory. And as the mass exodus continues out of Wall Street’s highest-flying stocks, trade war concerns are sparking political, regulatory and market challenges that could soon derail the global growth narrative for months or even years to come.

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