LONDON (Reuters): European stocks posted their biggest drop of 2019 on Friday and bond yields tumbled to record lows after US President Donald Trump fired another trade war salvo at China, sparking a frenzied dash for safe-haven assets.
Trump said he would impose a 10% tariff on US$300bil of Chinese imports from Sept 1, escalating a bruising and protracted clash between the world's two biggest economies. China said on Friday it would take countermeasures.
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