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Markets calm after Trump’s trade war with China causes meltdown

WorldNews Tuesday, 14 May 2019
Markets calm after Trump’s trade war with China causes meltdownDonald Trump has described his trade war with China as “a little squabble” and said he has an “extraordinary” relationship with Chinese President Xi Jinping exactly one day after he rocked global markets with massive threats of new tariffs. The US president also warned Beijing he would impose tariffs on an additional $300bn (£232.4bn) in Chinese goods, telling reporters on Tuesday before departing for Louisiana that he believes negotiations between both countries are “going to turn out extremely well.” “We’re in a very strong position,” Mr Trump told media from the White House South Lawn. We’ll tell you what’s true. You can form your own view. From 15p €0.18 $0.18 USD...
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