Markets on high alert as Trump ramps up trade threats

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Investors across the globe entered the trading week adopting a cautious approach after U.S. President Donald Trump doubled down his China tariff threats on Friday.

In a move that has eroded U.S.-China relations even further, Trump threatened tariffs on another $267 billion worth of Chinese goods. With the United States already poised to slap tariffs on $200 billion worth of Chinese goods and Beijing reiterating threats to fight back, the U.S.-China trade war could reach dangerous heights. The growing fears of an all-out tit-for-tat trade war between the world’s two largest economies are… Read More

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