Wall Street To Sink On Trade War

Credit: Wochit Business
Published on May 13, 2019 - Duration: 00:48s

Wall Street To Sink On Trade War

US stocks are set to tumble, while Asian and European stocks slipped on Monday.

Trump could expand duties to a further $325 billion of Chinese products after a tariff hike on Friday.

Chinese officials have pledged to take any "necessary countermeasures" and refused to swallow "bitter fruit" that hurts their interests.

"Investors are again growing worried on what China's response will be," says one analyst.

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