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Over the weekend, the US imposed 10 per cent additional tax on $550 billion Chinese imports and China announced retaliatory tariffs on $75 billion worth of US imports.
August 26th, 2019 - 07:31 GMT

GCC Bourses Witness Massive Sell-Off Due to US-China Trade War Escalation

The UAE and other Gulf bourses witnessed massive sell-off on Sunday in the aftermath of US-China trade war escalation and the regional bourses closely toe the global markets following their inclusion in MSCI Emerging Markets index. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-3…","video_id":"326b6659-f8ec-4c7b-9e93-80a0e11adda5","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"World’s 10 Most Valuable Football Teams 2019"} The Dubai bourse plunged nearly 2 per cent while Abu Dhabi lost 1.4 per cent and Saudi Arabia's Tadawul fell 2.4 per cent on the first trading ...
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