Global equities took a hit on Friday after US President Donald Trump warned he would impose a “massive” increase of tariffs on Chinese goods. He later said he would put an additional 100% tariff on China from Nov. 1 Central district in Hong Kong, China (Photographer: Paul Yeung/Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The prospect of a revived trade war between Beijing and Washington is threatening to undermine this year’s blistering rally in Chinese stocks and weigh on the yuan.

Global equities took a hit on Friday after US President Donald Trump warned he would impose a “massive” increase of tariffs on Chinese goods. He later said he would put an additional 100% tariff on China from Nov. 1, as well as place export controls on critical software. His rea

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