Stocks and oil tumble on trade turmoil

Just after we published yesterday’s podcast the US imposed extra tariffs on Chinese imports. They’ve also turned up the rhetoric at a WTO meeting today, suggesting things could go from bad to worse. Phil Dobbie asks NAB’s Gavin Friend about the market reaction now, it seems, the situation is getting serious. The President has also been baiting Europeans at the NATO Summit; will this add to global uncertainty? And the Brexit White Paper is out today –indications are that the EU is warming to the UK’s proposals.

NAB The Morning Call

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