SINGAPORE (July 2): Stocks slumped in another week of selling as uncertainties generated by the escalating trade conflict between the US and China (and the rest of the world) dented investor confidence. 

Aside from the threat to slap additional tariffs on an expanded list of goods, there was also conflicting news from the White House with respect to further restrictions on foreign investments in US technology companies.

Investors are already scrambling to discern which companies will be hit if and when previously announced tariffs come into effect (tariffs for the first batch of goods is slated to come into effect on July 6), and to what extent. 

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