Wall Street loses gains as US-China tensions spook markets

Stocks and the dollar tumbled, erasing earlier gains as Trump’s tariff threats reignited market panic as investors dumped US assets amid fears of a global recession and escalating US-China trade tensions.

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🇨🇳🇺🇸China hits back at Trump tariff hike, raises duties on US goods to 125%: https://bt.sg/tCNE