Wall Street joins selloff as new China tariffs rekindle trade war anxiety

US stocks slid on Wednesday amid a broad selloff on escalating trade war tensions after the United States threatened to impose tariffs on an additional $200 billion worth of Chinese goods. Washington on Tuesday issued a list of thousands of Chinese imports that the Trump administration wants to target with new tariffs.

In response, China accused the United States of bullying and warned it would hit back. "Unfortunately the markets haven't come to grips with the current levels of trade policies and tariffs," said Art.

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