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US futures and European equities slid on Tuesday as traders prepared for an escalation of the US-China trade war. World markets slumped on Monday after President Donald Trump threatened to raise tariffs on $200 billion worth of Chinese goods. Trump "may well be making a deal seem further away in order to make the achievement seem all the more impressive when it comes." After months of calm in markets, fears about the US-China trade war roared back this week as Donald Trump's tweets about...

Rolling coverage of the latest economic and financial news, as US-China trade fears roil marketsNew: China’s trade surplus has narrowedUS stock markets suffered biggest fall since January last night 8.00am BST Here’s some early reaction to the Chinese trade data:#China trade data: Global demand struggling as exports -2.7% YoY, imports +4% YoY China domestic demand picking up. But all eyes on trade negotiations

US stock markets opened sharply lower on Monday after Donald Trump's administration put tariffs on $200bn of Chinese imports. Beijing retaliated earlier on Monday with its own tariff increase on

Global markets were a sea of red after President Donald Trump threatened to raise tariffs on $200 billion worth of Chinese goods from 10% to 25%, and slap a 25% tariff on an additional $325 billion worth of goods.  China's Shanghai Composite tumbled -5.58% while futures on major US indexes dropped as much as 1.8%.  The research firm London Capital Group said in an email to clients that Trump's threat took the markets by surprise and sent investors "into a risk off frenzy." Visit Business...

By giving Huawei Technologies the so-called death penalty, President Donald Trump's administration has shown it does not trust the Chinese government to act in good faith. Consider this a major impediment to any kind of trade deal. The US is no longer just trying to block China's companies from US markets — it's trying to block them from markets all around the world. In this environment, former Treasury Secretary Hank Paulson has said, "divorce is a real risk." Visit Business Insider's homepage...

CHICAGO (REUTERS) - The same week US President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of US pork - the biggest cancellation in more than a year, according to US Department of Agriculture data released on Thursday (May 16).. Read more at straitstimes.com.

There was plenty of uncertainty to spook already jittery investors.