PSEi drops to 2-month low on US-China row

THE stock market fell to its lowest level in more than two months on Tuesday as the escalating trade war between the United States and China rattled sentiment.

Treasury Secretary Steve Mnuchin (center) and United States Trade Representative Robert Lighthizer (right) speak with Chinese Vice Premier Liu He (left) as he departs the Office of the United States Trade Representative in Washington, on May 10, 2019. (AP PHOTO)