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STI down on tit-for-tat trade threats

Analysts say it is too soon to bargain hunt but doubt a US-China trade war will materialise as there is scope for talks

Published Wed, Apr 4, 2018 · 09:50 PM

SINGAPORE shares, along with its regional peers, reeled on escalating fears of a trade war between the world's two largest economies.

Aanalysts cautioned that it might be too early, and risky, to start buying stocks, given the daily tit-for-tat rhetoric between China and the US.

On Wednesday, China responded to US President Donald Trump's plans to slap tariffs on 1,300-odd Chinese products, worth some US$50 billion annually,

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