Stocks, Oil Slumps As China Retaliates And Trump Digs In Heels

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Stocks, Oil Slumps As China Retaliates And Trump Digs In Heels - Business Today

Quick Summary:

Equities and oil prices extended a global rout for markets on Friday (Apr 4) after China hit back over President Donald Trump’s tariff blitz with its own mammoth levy on United States goods, inflaming global trade war fears.

Despite the market turmoil, Trump insisted: “My policies will never change.

The Dow Jones Industrial Average fell 994.46 points, or 2.45 per cent, to 39,551.47.