The prospect of a revived trade war between Beijing and Washington is threatening to undermine this year\u2019s blistering rally in Chinese stocks and weigh on the yuan.<\/p>\n
Global equities took a hit on Friday after US President Donald Trump warned he would impose a \u201cmassive\u201d increase of tariffs on Chinese goods. He later said he would put an additional 100% tariff on China from Nov. 1, as well as place export controls on critical software. His reaction came after Beijing unveiled curbs<\/a> on the export of rare earths earlier in the week. <\/p>\n","protected":false},"excerpt":{"rendered":"The prospect of a revived trade war between Beijing and Washington is threatening to undermine this year\u2019s blistering…\n","protected":false},"author":2,"featured_media":75507,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[2102,72,114,30814,11235,11507,8176,61,60,123,1673,131,2737,1519],"class_list":["post-75506","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-beijing","tag-business","tag-china","tag-china-renminbi-spot","tag-currency-markets","tag-donald-john-trump","tag-hang-seng-index","tag-ie","tag-ireland","tag-markets","tag-nvidia-corp","tag-stocks","tag-trade-war","tag-washington"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/75506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=75506"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/75506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/75507"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=75506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=75506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=75506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}