This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Trade fight mounts as Trump threatens $100bn more in China tariffs
President Donald Trump said he had instructed US trade officials to consider $100 billion in additional tariffs against China, reports Reuters. The further tariffs were being considered ‘in light of China’s unfair retaliation’ against earlier US trade actions, which included a proposed $50 billion of tariffs on Chinese goods, Trump said in a White House statement.
