Wall Street and Asian indices both fall into the red as global trade concerns weigh following President Trump’s pledge to slap additional tariffs on Chinese imports. Beijing has vowed to impose counter-measures. Nvidia drags global chip stocks down with its market cap dipping below $3tn. President Trump hosts UK Prime Minister Sir Keir Starmer and says the two countries are progressing towards a trade deal. In Germany, exploratory coalition talks between the CDU and SPD are set to begin today after no party achieved an outright majority in Sunday’s election.

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