ASX suffers biggest fall since May as US increases tariffs on China
William McInnesReporter
Updated
The Australian sharemarket fell for a second day in a row amid escalating trade tensions between the US and China.
The S&P/ASX 200 index fell 42.5 points, or 0.7 per cent, to 6215.6 as the sharemarket experienced its biggest intraday fall since mid-May.
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