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World markets tumble as US, China clash on more tariffs

Asian markets have tumbled after the Trump administration's move to impose tariffs on another $200 billion of Chinese exports was criticized by Beijing, upping the ante in the trade war between the world's two largest economies.

Business Highlights

___ Stuck in trade war, US and China face uncertain path to deal WASHINGTON (AP) — As the trade war between the world's two largest economies nears the end of its first week, its most unsettling fact may be this: No one seems to foresee any clear path to peace.

Business Highlights

___ How China could hurt US once it ran out of imports to tax BEIJING (AP) — In his trade war with China, President Donald Trump wields one seeming advantage: The United States could ultimately slap tariffs on more than $500 billion in imported Chinese goods.