US President Donald Trump has announced fresh tariffs of 10% on another $300bn of Chinese products from 1st September.
The move is the latest salvo in an escalating trade war between the two countries.
It came after the latest round of bilateral talks showed little sign of a breakthrough.
Investors reacted to the news with dismay. On Wall Street, the Dow Jones share index fell sharply, tumbling about 1%.
[Source:BBC]
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