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Business Matters: Stock markets drop on new Trump China tariffs

The business of hair

03/08/2019 GMT

Stock markets drop on new Trump China tariffs

BBC World Service - Business Matters, Stock markets drop on new Trump China tariffs

Donald Trump to impose new tariffs on a further $300bn of Chinese imports.

The global stock market response to US President Donald Trumps latest China trade salvo wasn't pretty. Shares sank all over the world. The latest new tariffs -- imposed in a tweet -- mean that effectively all Chinese imports to the US will be taxed from 1st September. This after few signs of a breakthrough in the latest bilateral talks.

This weekend players are competing in London for the Fifa eWorld Cup video game competition, with $250,000 up for grabs.

We also hear from the former member of the Board of Governors of the United States Federal Reserve Board, Daniel Tarullo.

We have an insight into a billion-dollar industry which many have probably never heard of - the global market in wigs and extensions made from human hair.

And as Playboy magazine is trying to make itself more appealing in the #MeToo era, we are asking is it ever possible for an old-fashioned brand to re-invent itself for the modern time.

Presenter Nigel Cassidy is joined by guests Rhonda Sharpe in Richmond, Virginia and Sinead Mangan in Perth, Australia.

PHOTO: Donald Trump/AFP

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