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Investor's Business Daily

Investor's Business Daily

Technology

Technology

Alibaba, China Tech Stocks Slide As Trade War Fears Intensify

Investor's Business Daily
Summary
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78% Informative

Alibaba (BABA) stock fell more than 5% in morning action.

China has vowed a 34% retaliatory tariff on all goods imported from the U.S. starting April 10 .

The escalating trade war roiled global markets, with Hong Kong's Hang Seng Index falling 13% , its largest daily percentage drop since 1997 Asian financial crisis.

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