The Dow fell more than 500 points as Washington doubled down on its threats to increase tariffs on Chinese goods
U.S. stock declines deepened Tuesday, with the Dow Jones Industrial Average falling more than 500 points, as investors reacted to a growing likelihood that the White House will follow through on threats to enact tariffs on Chinese goods later this week.
The latest volatile reaction to the threats hit shares of trade-exposed companies, including chip makers and retailers that rely on sales from China, and concerns that new tariffs could weaken demand for oil sent energy prices and companies lower.
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