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Trump’s Comment that ‘China Broke the Deal Sends Ripples Through Economy

09 May 2019 Maria Gregoriou

After the U.S. President Donald Trump commented on trade talks with China at a campaign rally that "China broke the deal" U.S. stock futures dropped as much as 0.7 percent.

These comments, along with Trump stating that "they can't do that so they will be paying," also caused Asia stocks to fall and the Yan to strengthen by 0.2 percent against the Dollar.

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