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News / Business

Tech woes, worsening tensions with China sink U.S. stocks

By MARLEY JAY, AP Markets Writer
Published: April 2, 2018, 4:20pm

NEW YORK — Stocks fell sharply on Monday as investors responded to rising trade tensions between the United States and China and mounting scrutiny of big technology companies from consumers and politicians.

China imposed $3 billion of tariffs on U.S. farm goods and other exports, bringing the world’s two largest economies closer to a full-on trade conflict.

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