US stocks sink as Trump takes aim at 'unfair' World Trade Organisation for giving China 'tremendous perks'

Dow Jones tumbles as much as 2.5pc after Trump attacks WTO Trump: WTO gives China competitive advantage by considering it a developing nation China warns it is ready to pay “any cost” after Trump threatens to escalate trade skirmish Trump suggests a further $100bn of tariffs on Chinese goods Trump: new measures would counter Beijing’s “unfair retaliation”  Markets slip back on fears of trade war FTSE 100 struggles to pull out of the red China stands ready to work with the world to protect intellectual property rights It is a golden age for trade. What are you waiting for? World economy slows abruptly as credit squeeze builds

Donald Trump has attacked the “unfair” World Trade Organisation…

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