While you were sleeping: Wall St, Boeing slide on fresh trade worries

Wed, 04 Apr 2018

By Margreet Dietz April 5 (BusinessDesk) - Wall Street slid amid concern about the latest moves towards a potential trade war between the US and China. China announced additional tariffs on about US$50 billion of US imports including aircraft, cars and soybeans, following US administration plans, announced on Tuesday, to levy duties on about the same amount of Chinese imported goods. “At the very beginning, the reaction was what we fear, ‘It’s a tit-for-tat and does that escalate?’,” Art Hogan, chief market strategist at B Riley FBR i...

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