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STI dips before National Day break
Index falls 0.4 per cent or 13.26 points to 3,326.74 as investors remain cautious over US-China trade tensions
Add BT as a preferred sourcePublished Wed, Aug 8, 2018 · 09:50 PM
US-China trade tensions persisted as investors remained cautious in what was a mixed session for Asian markets on Wednesday.
Both parties continued to trade blows with the US saying that it will commence imposing 25 per cent duties on an additional US$16 billion of Chinese imports in a fortnight.
It will also be the second time that the Trump administration slaps tariffs on Chinese goods in about a month.
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