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|US stocks tumble as US-China trade war rattles investors|
Trump also announced after the market closed that the U.S. would increase existing tariffs on $250 billion in Chinese goods to 30% from 25%, and that tariffs on additional goods expected to kick in on Sept. 1 would be at 15% instead of 10%. Those announcements are likely to influence stock markets in Asia when trading opens there Monday.
Posted: 2019-08-24 00:25:00
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