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World Stocks fall as Trump’s China tariff threat dampens risk appetite

Byindianadmin

May 1, 2020 #dampens, #threat
World Stocks fall as Trump’s China tariff threat dampens risk appetite

NEW YORK (Reuters) – A decrease on Wall Street dragged stocks throughout the world further down on Friday on concerns that the two biggest economies might resume a trade war, with numerous monetary markets globally closed for a vacation.

SUBMIT PICTURE: The London Stock market Group workplaces are seen in the City of London, Britain, December 29,2017 REUTERS/Toby Melville

The euro rose and the U.S. dollar fell broadly, while unrefined rates traded in and out of unfavorable territory.

London, Tokyo and New York were open Friday, and stocks were pressured lower in reaction to U.S. President Donald Trump’s threat to increase sanctions on China in retaliation to its handling of the coronavirus outbreak.

Trump offered no evidence on Thursday after declaring he ‘d seen evidence that the infection was produced in a Chinese lab. The pandemic, which has cost

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