JP Business

Global stocks, oil suffer as U.S.-China trade spat heats up

Fears the spat between the world's two largest economies could intensify added to pressure on oil prices on Monday after China said it would slap tariffs on U.S. oil, in response to Trump's announced tariffs on Chinese goods. As Kate King reports, those concerns saw European bourses start the week in the red, after Asian shares fell to a 2-1/2 week low.