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Latin Times
Latin Times
Business

Stock Markets Stutter As Traders Weigh China-US Trade Flare-up

Asian traders struggled to track another gain on Wall Street. (Credit: AFP)

Equity markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.

Shanghai, which reopened after a week-long break, and Hong Kong were among the main losers as e-commerce firms took a hit from news that the US Postal Service was suspending inbound parcels from China and Hong Kong.

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