Trade war Trump's threats jolt markets as hopes of China deal fade business live

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8.06am GMT
Neil Wilson of Markets.com has sent over some salient points about the trade war situation, and how investors may react.
7.52am GMT
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Related: Trump says China-US trade deal could wait until after 2020 election
Mr Trump has completely taken the momentum out of financial markets this week and the December 15th date will increasingly become a focal point over the next couple of weeks.
Last week the mood music suggested that even if a “phase one” deal hadn’t been reached by then, then there was a good chance tariffs planned to be implemented on that date would be postponed. After the stepping up of negative global tariff rhetoric over the last 48 hours, yesterday’s headlines suggesting that the US is going forward with the December 15 tariffs grabbed the limelight, although markets had already been trading weaker prior to that.
Related: Markets in tailspin amid fears US-China trade deal is in peril
Chinese #nickel futures tumbled 4% amid concerns about oversupplies.Indonesia recently resumed nickel exports and the market expects the country's nickel exports to hit a new high in December. pic.twitter.com/ymAGPCXo6d Continue reading...

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