Stock markets fall amid fresh worries over US-China trade deal – business live

  • Fears mount that ‘phase one’ trade deal may not be signed until next year, as both sides step up demands
  • US legislation on Hong Kong angers China

7.48am GMT

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Trading relations between the US and China appear to have taken a turn for the worse again. Donald Trump said on Tuesday he would impose “even higher” tariffs on imports from China if a deal isn’t struck.

If talks are really going well, that hike will be suspended. If not, the US will implement them and that will throw the game into next year.

Continue reading…Fears mount that ‘phase one’ trade deal may not be signed until next year, as both sides step up demandsUS legislation on Hong Kong angers China 7.48am GMTGood morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.Trading relations between the US and China appear to have taken a turn for the worse again. Donald Trump said on Tuesday he would impose “even higher” tariffs on imports from China if a deal isn’t struck. If talks are really going well, that hike will be suspended. If not, the US will implement them and that will throw the game into next year. Continue reading…