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Stocks Sink on Mounting Trade Tensions


The stock market’s declines deepened Tuesday, with the Dow Jones Industrial Average sliding more than 450 points, as investors braced for the increased likelihood the U.S. will raise tariffs on Chinese goods later this week.

China said it would send its top trade envoy to Washington to resume negotiations Thursday, a day later than planned, following a period of uncertainty after President Trump tweeted his threat of higher tariffs and Chinese officials considered pulling out of the talks.


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