
Stock markets around the world plunged for a second day on Friday as China announced retaliatory tariffs of 34% on US imports, signalling a major escalation of a trade war ignited by Donald Trump and feeding fears of a global recession. “For all imported goods originating from the US, an ...

China, South Korea and Japan agreed Sunday to strengthen free trade in the face of a raft of new tariffs imposed by US President Donald Trump. The agreement came at a meeting of top trade officials — the first at that level in five years — days ahead of the ...