Stocks fall further after Trump's China tariff threat

World stocks pulled back further on Friday on grim U.S. economic data, mixed company results and President Donald Trump’s threat to impose new tariffs on China over the coronavirus crisis. British Airways operator IAG shed another 2.6% as details of its plans to cut staffing, including a quarter of its pilots, to weather the collapse in air travel caused by the coronavirus. The negative sentiment was set by comments from Trump on Thursday that he was concerned about China’s role in the origin and spread of the novel coronavirus and that his hard-fought trade deal with China was …read more

Source:: Yahoo Finance

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