Asia, Europe markets recoil as China ups tariff ante
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Singapore
ASIA equities took a beating on Wednesday, with negative sentiment likely to linger as China announced later in the day that it would impose additional tariffs of 25 per cent on 106 US products - on top of the 128 unveiled earlier.
The latest list - which will take effect when the US applies their announced tariffs - would hit major US exports to China like soybeans, cars, aircraft, whisky and chemicals.
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