Asia stocks fall as US-China trade war intensifies; offshore yuan slumps to new low |
U.S. President Donald Trump tweeted last Friday that America will hike tariffs on $250 billion worth of Chinese goods to 30% from 25%. Tariffs on another $300 billion in Chinese products will also go up to 15% from 10%, Trump said. The levies on the $250 billion worth of goods are scheduled to kick in Oct.
Posted: 2019-08-26 06:35:00
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