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Tech firms, manufacturers at front line of trade war escalation

Latest round of US tariffs on China imports sparks sell-off in Asia markets

Analysts observed that export- oriented and cyclical sectors - including technology, manufacturing, commodities, banks, property and offshore and marine (O&M) - will be the hardest hit by the latest round of tariffs.


THE announcement of another round of US tariffs on Chinese imports, set to commence on Sept 1, reignited simmering trade tensions and sent Asian markets down on Friday.

The Straits Times Index (STI) fell for a third straight day, ending down 0.93 per cent or 30.64 points...

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