London: Equity markets around the world slid lower today after US President
Donald Trump warned that he could slap another USD 100 billion of extra
tariffs on China's imports, fanning fresh fears of a full-blown trade
war between the two superpowers, dealers said.
Data showing a
major drop in job creation in the United States and no spike in wage
growth hit the dollar, however, as it lessened expectations the Fed will
rush to hike interest rates.