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Wall Street set to open lower after U.S. threatens more China tariffs

Reuters 

By Amy Caren Daniel(Reuters) - U.S. stocks were set to open lower on Wednesday, halting a four-day run of gains after the United States threatened to impose tariffs on an additional $200 billion worth of Chinese goods, dampening hopes of a compromise on trade.U.S. officials on Tuesday issued a list of thousands of Chinese imports that the Trump administration wants to target with new tariffs, including hundreds of food products, as well as tobacco, chemicals, coal, steel and aluminum.China's commerce ministry said it was "shocked" and would complain to the World Trade Organisation, but did ...

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First Published: Wed, July 11 2018. 18:49 IST
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