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Stock markets hit after Trump threatens new tariffs on China

Stock markets in the US, Europe and Asia have been hit after US President Donald Trump threatened new tariffs on China, putting a trade deal in doubt.
 
He said on Twitter the US would more than double tariffs on $200 billion of Chinese goods on Friday and would introduce fresh tariffs.
 
Recent comments had suggested both sides were nearing a trade deal.
 
A Chinese delegation is preparing to travel to Washington for negotiations aimed at ending the trade war.


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