Stocks plunge as trade war between U.S. and China escalates; Dow Jones Industrial Average drops 480 points

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Fed's Neel Kashkari says US is 'in a very strong position' in escalating trade war with China

Even amid substantial bouts of market tumult, Minneapolis Fed President Neel Kashkari sees the U.S. as holding the upper hand in its trade showdown with China. Stocks took another sharp drop Monday, but Kashkari said broader economic indicators are showing little signs of stress as the two sides ratchet up […]