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The stock market was pounded for a second day Friday after China retaliated with new tariffs on U.S. goods, sparking fears President Donald Trump has ignited a global trade war that will lead to a recession. Read more: cnb.cx/42obXF1 | CNBC
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Beijing began imposing tariffs on many farm products from the U.S., for which China is the largest overseas market, in the latest escalation of a trade fight between the world's two largest economies. | NBC News
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