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10 things you need to know in markets today

Britain's Prime Minister Theresa May is flanked by French President Emmanuel Macron and German Chancellor Angela Merkel before their trilateral meeting at the European Union leaders summit in Brussels, Belgium, March 22, 2018.

Good morning! Here’s what you need to know in markets on Friday.

1. The Chinese government blasted President Donald Trump’s announcement on Thursday that the US will impose new tariffs on imports from China and said they would introduce their own trade barriers in response. Trump’s tariffs, which act as a tax on imports, will apply to goods worth about $50 billion (£35.4 billion) annually and hit industries from aerospace to pharmaceuticals.

2. The escalating US-China trade war has rattled global markets overnight and extended into Asian markets — it’s getting ugly. Japan’s Nikkei stock index closed down 4.6%, the read more >>>

Source:: BusinessInsider.Com

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