Day: May 6, 2019

May 06
Global shares, oil slump after Trump vows China tariff hike

Asian shares tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.9 percent. Chinese blue-chips lost more […]