European shares plunge to 16-month low as China retaliates to Trump tariffs
European stocks tumbled on Monday following a collapse of Asian equities as US President Donald Trump refused to back down on sweeping tariffs after China retaliated in an escalating trade war that many fear could spark a global recession.
European stocks tumbled on Monday following a collapse of Asian equities as US President Donald Trump refused to back down on sweeping tariffs after China retaliated in an escalating trade war that many fear could spark a global recession.
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