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Trump ‘ready’ to tax all Chinese imports

US President Donald Trump says he is ready to intensify his trade war with China by slapping tariffs on all $500bn of imports from the country-chinese imports "I'm ready to go to 500," he said in an interview with the CNBC channel. Mr Trump's comments come before the most recent round of US tariffs has had time to take effect. Last week,…
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Brent crude suffers biggest price drop in two years

Oil prices suffered steep falls on Wednesday after Libya said it would boost supply, even as investors fear that trade tensions will hit demand-brent crude Brent crude dropped 6.9% - the biggest decline in more than two years - to end at $73.40 a barrel for the global benchmark. US crude fell 5% to $70.38 a barrel - its worst one-day decline in a…
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China and Russia hit back at Trump tariffs

China has hit back after US tariffs on Chinese goods came into effect and President Donald Trump threatened to impose more-china and russia China's commerce ministry said it had lodged a new complaint with the World Trade Organization (WTO). Meanwhile, Russia has announced extra duties on US imports in retaliation for earlier US steel tariffs.…
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Glencore shares dive on money-laundering probe

Shares in mining giant Glencore have sunk 12% after it was ordered by US authorities to hand over documents relating to a money laundering probe-money-glencore shares dive The subpoena from the US Department of Justice is in relation to compliance with the Foreign Corrupt Practices Act and money-laundering laws. It is regarding business dealings…
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