MIDEAST STOCKS-Abu Dhabi leads Gulf share tumble as world trade fears spread | Reuters:
Abu Dhabi’s stock market fell on Thursday, leading a tumble of most Gulf bourse’s as fears spread of an escalating trade dispute between the United States and China.
Analysts blame the retreat in world stock markets on the uncertainty around the trade policy of the Trump administration.
Trump said on Wednesday he wants to raise the tariff on $200 billion of Chinese goods to 25 percent from a previously proposed 10 percent, later rattling Asian stocks.
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