Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Markets Asia stocks slide as US-China trade war intensifies Fresh tariffs to hit wide assortment of industries and consumer products Tokyo stocks fell by more than 400 points for a moment early on May 14 as investors reacted to the U.S.'s ratcheting up of its trade war with China.
RURIKA IMAHASHI, Nikkei staff writer May 14, 2019 10:29 JST Updated on May 14, 2019 17:43 JST | Japan
TOKYO -- Asian equities fell sharply on Tuesday after the U.S. announced a new round of high tariffs targeting $300 billion of Chinese exports to the U.S.
The Office of the U.S. Trade Representative on Monday announced a 25% levy on more than 3,800 items that would apply to $43.2 billion worth of smartphones and $37.5 billion worth of laptop computers.
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