Live updates: Trump trade threats hit markets, ASX set to follow Wall St down
A threat by US President Donald Trump to impose a new punitive 50 per cent tariff on European imports sparks selling across global equity markets with Wall Street in retreat on Friday.
The ASX is set to follow the trend with futures trading pointing to a 0.4 per cent drop on opening.
Follow the day's financial news and insights from our specialist business reporters on our live blog.
Disclaimer: this blog is not intended as investment advice.
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