Global shares slid on Thursday as a fresh row between Washington and Beijing ove...
TOKYO - Global shares slid on Thursday as a fresh row between Washington and Beijing over U.S. bills on Hong Kong could complicate their trade negotiation and delay a “phase one” deal that investors had initially hoped to be inked by now.
The legislation, which has angered Beijing, has been sent to the White House for President Donald Trump to sign or veto amid delicate trade talks with Beijing.Even if he vetoes, that would be difficult to sustain given that the measures passed both the Republican-controlled Senate and Democratic-controlled House with almost no objections.
Trump said on Oct. 11 that deal could take as long as five weeks, and investors had initially expected a deal by mid-November.
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