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Stocks, metals hit by new U.S. trade war salvo
EghtesadOnline: Stocks fell and metals prices slumped to their lowest in a year on Wednesday, as U.S. threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world’s two biggest economies ever closer to a full-scale trade war.
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Tesla moves first to hike prices in China as trade war hits car makers
EghtesadOnline: U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, becoming the first automaker to raise prices in the world’s largest automotive market in response to a U.S.-China trade war.
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Asia shares ease as trade war fears return, pound bewildered by politics
EghtesadOnline: Asian shares reversed early gains on Tuesday as anxieties about the Sino-U.S. trade war recast their long shadow over investor sentiment, while several high-profile resignations from Britain’s government kept sterling on the defensive.
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Trade war worries drag world stocks lower, yuan steadies
EghtesadOnline: World stocks were dragged lower on Wednesday by growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan rebounded after China’s central bank moved to calm investors.
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Trade war worries slam China and emerging markets
EghtesadOnline: Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China escalated further.
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Middle East Emerges as Possible Energy Winner in U.S.-China Spat
EghtesadOnline: The Middle East is emerging as a potential beneficiary of the brewing trade war between the U.S. and China as the Asian nation strikes back with retaliatory tariffs on American petrochemical products.
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Europe to Trump: If You Want a Trade War, You'll Get One
EghtesadOnline: The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging swift retaliation, highlighting the persistent risk of a trans-Atlantic trade war.
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Trump Team at Davos Backs Weaker Dollar, Sharpens Trade War Talk
EghtesadOnline: President Donald Trump’s top economic advisers set the stage for the rollout of his "America First" manifesto on the world stage.
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Trump signs Russia sanctions bill, Moscow calls it 'trade war'
EghtesadOnline: U.S. President Donald Trump grudgingly signed into law new sanctions against Russia on Wednesday, a move Moscow said amounted to a full-scale trade war and an end to hopes for better ties with the Trump administration.
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China-U.S. trade war would only cause pain: commerce minister
EghtesadOnline: A trade war between China and the United States would only cause pain, China's commerce minister said on Saturday, as analysts say the specter of deteriorating U.S.-China ties is likely to weigh on confidence of exporters and investors worldwide.