New round of U.S.-China trade war rattles global markets

New York Times/Alexandra Stevenson/7-11-2018

“President Trump’s escalating trade war with China rattled global markets on Wednesday. China led a market tumble in Asia and Europe, with stocks there finishing the day down nearly 2 percent, after the Trump administration threatened to impose new tariffs on Chinese goods. Stocks in Japan and South Korea also fell, though by less.”

USAGOLD note: Dow futures are down about 200 and gold is down about $5. . . .

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