Headlines discussed atLNWM’s Monday morning briefing:

— The US will impose new tariffs on Chinese goods, following new US tariffs on EU, Mexico and Canada.
— China said it will retaliate against US tariffs, escalating fears of trade war and slower global growth.
— North Korea did not agree to specific steps towards nuclear disarmament at summit with US.
— The European Central Bank said it will end its $3 triillion stimulus program by the start of 2019.
— Oil prices fell on concern that OPEC will increase its ouput, spurred by Russia.

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