INTRO: China is promising to hit back after Donald Trump announced a new 34% tariff on goods from China, on top of an existing 20 per cent levy.
Asian markets are feeling the heat - with Hong Kong stocks falling 1.6 percent to a six-week low. South Korea's Kospi benchmark slid 2.7 per cent to a three-month low while Japan's Nikkei 225 index plunged 4.4 per cent in the opening minutes of trading on Thursday. Laura Westbrook has more.
Asian markets are feeling the heat - with Hong Kong stocks falling 1.6 percent to a six-week low. South Korea's Kospi benchmark slid 2.7 per cent to a three-month low while Japan's Nikkei 225 index plunged 4.4 per cent in the opening minutes of trading on Thursday. Laura Westbrook has more.
IN: The Chinese...
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