Tuesday 11 December 2018
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businessmirror - 4 month ago

Oil holds loss near 7-week low as US-China trade war escalates

Oil held losses near a seven-week low as China vowed to retaliate against the US administration’s latest tariffs, raising trade tensions between the world’s two biggest economies. Futures in New York were little changed after sliding 3.2 percent on Wednesday. China will slap 25-percent duties on an additional $16 billion worth of imports from the [ ]

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