U.S.-China trade war intensifies as Trump calls on American companies to cut ties with China

The trade war between the U.S. and China worsened
Friday as Beijing imposed retaliatory tariffs on $75 billion in American
goods and President Trump took the extraordinary step of calling on
U.S. companies stop doing business with China. The
new tariffs, which included reinstated levies on auto products,
delivered a strategically timed blow as recession warning signs cast
doubt on the strength of the U.S. economy.