Sour Mood In Europe And Asia, The Financial Elite Are Dumping Stocks, Downward Impulse Cycle Is Appearing Likely

Global Stocks declining as China prepares to ask the WTO for permission to impose trade sanctions on US

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via Marketwatch:

China is seeking permission from the World Trade Organization for permission to impose trade sanctions on the U.S., Reuters reported on Tuesday, citing a published agenda of the WTO. That agenda shows a meeting scheduled for Sept. 21 of the WTO’s dispute settlement body. The move is part of a long-running trade dispute that goes back to 2013 and is separate from the tit-for-tat trade tariffs the U.S. and China have been engaging in this year. U.S. stock futures fell on the news.

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