US stocks skidded Monday after China raised some import duties; all three major US indexes closed sharply down. Photo: AP

US stock markets tumble as China retaliates for Trump tariffs

Stocks fell after Beijing hit back against Donald Trump’s imposition of tariffs on Chinese steel and aluminium, assessing duties on 128 imported American products  

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US stocks skidded Monday after China raised some import duties; all three major US indexes closed sharply down. Photo: AP
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