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___ Trump's tariff hike menaces strong economy WASHINGTON (AP) — For months, the U.S. economy has shrugged and chugged along as America and China slapped tariffs on tens of billions of dollars of each other's goods in the fiercest trade fight since the 1930s.

How major US stock indexes fared Tuesday

An escalating showdown between the U.S. and China over trade sent shudders through the stock market Tuesday, handing the S&P 500 is biggest loss since late March.

Chinese team heads to Washington to salvage trade talks

China's government has confirmed its economy czar will go to Washington as scheduled this week for trade negotiations despite President Donald Trump's threat of new tariff hikes in a fight over Beijing's technology ambitions.