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U.S.-China trade setback stokes recession fears; stocks slide

The London Stock Exchange offices in the City of London, Britain
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LONDON (Reuters) - Global equities fell on Monday after their worst week of 2019 as hopes of an imminent U.S.-China trade deal were crushed, raising fears of a fresh round of tit-for-tat tariffs.The impasse left investors bracing for retaliation by China for Washington's increase on Friday of tariffs on $200 billion worth of Chinese goods. The move followed accusations by U.S. President Donald..
Date Published: May 13, 2019
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