{"id":285566,"date":"2019-08-02T04:52:45","date_gmt":"2019-08-02T04:52:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285566"},"modified":"2019-08-02T04:58:42","modified_gmt":"2019-08-02T04:58:42","slug":"oil-crashes-6-as-trump-announces-additional-tariffs-on-chinese-imports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-crashes-6-as-trump-announces-additional-tariffs-on-chinese-imports\/","title":{"rendered":"Oil crashes 6% as Trump announces additional tariffs on Chinese imports"},"content":{"rendered":"<p>Oil prices plummeted more than 6 per cent on Thursday, declining for the first time in six days, after US President Donald Trump said he would impose an additional 10 per cent tariff on $300 billion worth of Chinese imports starting Sept. 1. <\/p>\n<p>A prolonged trade war between the world&#8217;s two largest economies has triggered worries about oil demand. <\/p>\n<p>Brent crude , the international benchmark, fell $3.85, or 5.9 per cent, to $61.20 a barrel by 1:46 p.m. ET (17:46 GMT), having dropped as low as $61.03. US West Texas Intermediate (WTI) crude was down $4.09, or 7 per cent, at $54.49 after sinking to a low of $54.34.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices plummeted more than 6 per cent on Thursday, declining for the first time in six days, after US President Donald Trump said he would impose an additional 10 per cent tariff on $300 billion worth of Chinese imports starting Sept. 1. A prolonged trade war between the world&#8217;s two largest economies has triggered worries about oil demand. Brent crude , the international benchmark, fell $3.85, or 5.9 per cent, to $61.20 a barrel by 1:46 p.m. ET (17:46 GMT), having dropped as low as $61.03. US West Texas Intermediate (WTI) crude was down $4.09, or 7 per cent, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-285566","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285566"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285566\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}