Markets in tailspin amid fears US China trade deal is in peril
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Asian markets plunge after Trump comments about trade deal delay made worse by possible Xinjiang sanctions
Global financial markets have gone into a tailspin amid mounting concern that the US and China are not going to conclude an interim trade agreement before a new set of American tariffs hit Chinese goods on 15 December.
Asian markets saw heavy selling on Wednesday after Donald Trump said a trade deal could wait until next year’s presidential election, scotching widely held expectations that he was ready to give the go ahead for an agreement. Continue reading...