Below is an extract of a post published on Guardian titled "Trump: things 'going along very well' with China as markets fall over tariffs"
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Via: Guardian
US imposed new tariff on $300bn of Chinese goods President falsely claims US consumers not paying tariff costs Donald Trump has said things are “going along very well” with China, a day after financial markets around the world fell sharply following the president’s threat to impose a new tariff on $300bn (£248bn) of Chinese goods, in a rapid escalation of the trade war between Washington and Beijing. The FTSE 100 was down more than 2% as markets across Europe tumbled on Friday, continuing a wave of selling pressure around the world in the aftermath of the president’s announcement on Thursday evening, which dashed hopes of a resolution to the US-China trade war. Related: Why is Trump imposing tariffs on China and how could it affect global economy? Continue reading…
