Stocks plunge again after Trump tariff rout as China strikes back

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The Star 12h ago

Stocks plunge again after Trump tariff rout as China strikes back - The Star

Quick Summary:

LONDON: Global stocks tumbled for a second day on Friday as U.S.

President Donald Trump's sweeping tariff plans sowed fears about a global recession, with the sell-off deepening after China said it would impose additional levies of 34% on American goods.

Trump on Wednesday slapped a 10% tariff on most U.S.imports and much higher levies on dozens of countries, erecting the steepest trade barriers in more than 100 years.