Bursa, global equities face more pressure as Trump opens new front on trade war


KUALA LUMPUR: The rebound at the start of the week failed to gain traction as a worsening global trade situation and weak US manufacturing data sent Bursa Malaysia tumbling on Tuesday.

US President Donald Trump opened a new front on the trade war on Tuesday by announcing tariffs on steel and aluminium imports from Brazil and Argentina while threatening to raise levies on US$2.4bil of French imports by up to 100%.

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