World News: 12:44 GMT Friday 2nd August 2019. [Yahoo Business News Feed via SPi World News]
Global stock markets remained under pressure Friday, particularly in Europe, after President Donald Trump's shocked investors with another tariff announcement on Chinese imports. Monthly U.S. jobs figures could provide a distraction for investors later. Trump's announcement of 10% tariffs on $300 billion of Chinese goods, due to take effect Sept. 1, surprised investors after the White House said Beijing promised to buy more farm goods.
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