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<h1>Trade Tensions Spark Global Market Selloff as Retaliatory Tariffs Fuel Economic Uncertainty and Recession Fears</h1> Global stock markets experienced significant losses after escalating trade tensions between two major economies. Retaliatory tariffs triggered widespread market declines, with major indexes dropping over 2.5%. The trade conflict raised concerns about potential global recession risks. Despite a positive jobs report, market sentiment remained negative, with investors worried about long-term economic implications of the ongoing trade dispute.