Asian stocks pare their losses after China's retaliatory tariffs
Lucian Nemoiu
HONG KONG: Asian markets recouped some of their early losses in volatile trade on Tuesday (Mar 4) after China announced fresh tariffs on US imports in retaliation to President Donald Trump's latest levies. China said it would impose levies of 10 and 15 per cent on a range of US agricultural imports in response to Trump's tariffs. The US president signed an executive order to increase a previously imposed 10 per cent tariff on Chinese goods to 20 per cent, the White House said on Monday. US
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