Australia shares set to open lower after Trump tariff threat, NZ slips
Australian shares are set to open lower on
Friday after U.S. President Donald Trump said he would impose
additional tariffs on Chinese imports next month, stoking
worries about further escalation of a trade war.
Trump in a tweet said he would impose a 10% tariff on a
remaining $300 billion list of Chinese imports starting Sept. 1,
which rattled markets and drove U.S. stocks lower.
China is Australia’s largest trading partner and disruptions
to the Chine
Friday after U.S. President Donald Trump said he would impose
additional tariffs on Chinese imports next month, stoking
worries about further escalation of a trade war.
Trump in a tweet said he would impose a 10% tariff on a
remaining $300 billion list of Chinese imports starting Sept. 1,
which rattled markets and drove U.S. stocks lower.
China is Australia’s largest trading partner and disruptions
to the Chine
Posted by Reuters