Stocks and oil fall, yen rallies as Trump threatens to further escalate China trade war
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NEW YORK (Reuters) - Stocks and oil prices fell sharply on Friday while traditional safe havens rose after U.S. President Donald Trump threatened to further escalate his trade war with China "this afternoon," following a new round of retaliatory tariffs from Beijing.Earlier on Friday China's Commerce Ministry said in a statement it would impose tariffs on about $75 billion in imports from the United States including some agricultural products, crude oil and small aircraft.Trump responded..