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Trump Escalates Simmering Trade Dispute With China

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According to Reuters, President Donald Trump escalated a simmering trade dispute with China over the weekend, leading global equity markets into decline. On May 6th, markets around the world hit a one-month low, including the price of crude oil, after President Trump tweeted renewed tariff threats. The tweets effectively ended a four-month truce in escalations between Washington D.C. and Beijing. One Chinese official said the atmosphere of the negotiations has changed.

Added on the 06/05/2019 14:57:53 - Copyright : Wochit

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