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Wall Street plunges as U.S.-China trade war intensifies
Wall Street tumbled on Friday after the U.S.-China trade war escalated in dramatic fashion, with President Donald Trump demanding that American companies seek alternatives to doing business with China after Beijing announced its own slate of retaliatory measures.

Fed's commitment to act upstaged by Trump's furor
Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy, stopping short of committing to rapid-fire rate cuts and drawing fire from President Donald Trump.

Fed's Clarida says global economy has worsened since July: CNBC
U.S. Federal Reserve Vice Chairman Richard Clarida said on Friday the global economic outlook has worsened since July.

Trump calls on U.S. firms to exit China as trade war escalates
President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession.

U.S.-China Business Council urges talks to end damaging trade tensions
The US-China Business Council on Friday said millions of U.S. citizens will be harmed by the increased trade tensions between the United States and China, the world's largest economies, following the latest salvos in the U.S.-China trade war.

Factbox: Pending mergers and acquisitions involving U.S. firms that need Chinese approval
U.S. President Donald Trump said on Friday he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion worth of U.S. goods, in a new twist in the bitter trade war between the world's two largest economies.

Trump urges U.S. court to shield Deutsche Bank records from House Democrats
Lawyers for U.S. President Donald Trump asked a federal appeals court on Friday to block Deutsche Bank AG and Capital One Financial Corp from handing the financial records of the president's family and the Trump Organization to Democratic lawmakers.

China tariffs on U.S. oil to pressure exports, Gulf Coast prices: traders
China's threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S. Gulf Coast, where exporters already have taken to shipping crude overseas without firm buyers, traders said.

Kashmir protesters defy restrictions, clash with security forces
Security forces used tear gas against stone-throwing local residents in Indian Kashmir's main city of Srinagar on Friday, after a third straight week of protests in the restive Soura district despite the imposition of tight restrictions.

U.S. Justice Ginsburg treated for pancreatic cancer
Liberal U.S. Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy to treat a cancerous tumor on her pancreas, a court spokeswoman said on Friday.

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