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Stock impact report

China slams U.S. 'blackmailing' after Trump makes new trade threat [Reuters (UK)]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Reuters
China slams U.S. 'blackmailing' after Trump makes new trade threat | Reuters 6 Min Read BEIJING/WASHINGTON (Reuters) - China accused the United States on Tuesday of “extreme pressure and blackmailing” and vowed to retaliate after U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion (£151.8 billion) of Chinese goods in an escalation of the trade conflict between the world’s two biggest economies. Trump’s move on Monday, as Washington fights trade battles on several fronts, was unexpectedly swift and sharp, hitting stock China’s stock market hard as well as pushing Wall Street lower at the start of trade on Tuesday. It was retaliation, Trump said, for China’s decision to raise tariffs on $50 billion in U.S. goods, which came after Trump announced similar tariffs on Chinese goods on Friday. China’s commerce ministry said Beijing will fight back with “qualitative” and “quantitative” measures if the United States publishes an additional list of tariffs on Ch Show less Read more
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