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Global stocks stall after Trump's tariffs block US-China trade deal progress

Global stocks stall after Trump's tariffs block US-China trade deal progress
Jonathan Ernst/Reuters



Global equities paused for thought Thursday, after a lack of fresh positivity around the US-China trade war weighed on markets.




The first three days of the week saw strong gains for stocks around the world, but sentiment was more muted Thursday.




Investors are concerned that a deal may not be reached if the US doesn't amend its plans to keep tariffs on China, a move designed to ensure Beijing complies with any agreement signed between the two countries.




More worrying data out of Germany dampened sentiment in Europe, while US futures are pointing down.



Stock markets paused for thought Thursday as investors mulled a lack of fresh impetus in the ongoing US-China trade talks.
The first three days of the week saw strong gains for stocks around the world, but sentiment was more muted Thursday, as investors await more concrete news from the talks.
There have been suggestions that the US will keep punitive tariffs on China to ensure it keeps up its side of any potential agreement, according to the Wall Street Journal. Trump previously described himself as "Tariff Man" with traders wary of the president's trade threats.
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