TOKYO: World stock markets tumbled on Friday after U.S. President Donald Trump ratcheted up already-heightened tensions with Beijing by banning U.S. transactions with two popular Chinese apps, Tencent's WeChat and ByteDance's Tiktok.
European stocks looked set to recede as well, with Euro Stoxx 50 futures falling 0.3%. S&P500 futures slid 0.5%.
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