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Breaking News: Stocks plunged nearly 3% as China sharply escalated the trade war with moves to weaponize its currency and limit U.S. agricultural products nyti.ms/2yEbO2T
Wall Street suffered its worst day of the year over the escalating U.S.-China trade tensions, extending a slide that began last week and worsened after President Trump threatened new tariffs on China. Today's declines also spread across Europe and Asia. nyti.ms/2KqIHFD 
China’s decision to let its currency sink against the dollar came as its central bank blamed President Trump’s “unilateralism and trade protectionism measures” for the decline. Here's why that marked a dangerous new phase of the U.S.-China trade war. nyti.ms/2KvT4I8
A weaker Chinese currency blunts President Trump's tariffs, which is why it can serve as a weapon for the trade war. On Monday, China allowed it to fall below the psychologically important level of 7 renminbi to the dollar, setting off the market downturn. nyti.ms/2KsLlL8
