US-Sino trade row weighs on stocks after Donald Trump vows to raise tariffs against China
US President Donald Trump told a rally in Florida he had decided to raise tariffs against China after that country ‘broke the deal’. Picture: REUTERS
Traders had previously expected an imminent resolution to the trade impasse, which is said to be weighing on global economic growth and stocks. Meanwhile, Steinhoff’s shares are likely to react to the company’s 2017 financial results, which were published after the market closed on Tuesday following a lengthy delay.
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