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Metals: The tug-of-war continues between China and America
A new episode in the trade war between the United States and China was launched on Thursday. US President Joe Biden will shortly announce a sharp increase in tariffs on Chinese metal products. The announcement is part of a package of measures designed to benefit steelmakers in the pivotal state of Pennsylvania at Beijing's expense.
April 18, 2024 at 11:05 am EDT
Hard times for Superdry and Dr. Martens
British fashion giants Superdry PLC and Dr. Martens fell by over 25% in London on Tuesday. The fall came in a markedly bearish market, with the FTSE 100, London's main stock market index, losing 1.2% to reach its lowest level for a month.
April 16, 2024 at 11:24 am EDT