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<h1>Trade Tensions Trigger Sharp Market Decline as US-China Economic Standoff Escalates, Impacting Major Stock Indices and Investor Sentiment</h1> US stock markets experienced significant volatility due to ongoing trade tensions with China. Major indices like S&P 500, Dow Jones, and Nasdaq declined sharply after the government clarified tariff rates on Chinese imports. Market uncertainty persisted as trade negotiations remained complex, with potential economic impacts and international retaliation. Stock prices of media companies dropped, and bond markets showed increased stress, reflecting broader economic concerns about trade policies.