US-China trade war drives down EU stocks
Stock markets in Europe are experiencing a downturn, pending the much-awaited deadline for trade negotiations between the United States and China. The Trump administration must issue a final declaration on whether to impose the newly proposed tariffs on Chinese goods suggested by President Trump. Both the Euro STOXX 600 and the British pound have registered declines as a result of rising global economic tensions.
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China’s exports jumped 7.2% against an estimated 0.2% fall
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US posted the worst-ever GDP plunge
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