China hits back on trade, Dow plunges 617 points
The breakdown of the trade talks risks damaging business and consumer confidence as well as economic growth.
Nevil Gibson
Tue, 14 May 2019
China will raise tariffs on roughly $US60 billion worth of US imports, escalating the trade war and sending stocks plunging on Wall Street.
The Dow Jones Industrial Average fell 617.38 points, or 2.4%, to 25,324.99, its biggest one-day loss since January 3. The S&P 500 dropped 2.4% to
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Nevil Gibson
Tue, 14 May 2019
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