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Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.Investors are increasingly worried that President Trump's crackdown on China will trigger a fierce response that darkens the otherwise bright economic outlook.The Dow dropped 425 points, or 1.8%, on Friday, sinking back into a "correction" — a decline of 10% from the all-time high in January. The Dow finished at its lowest point since November.All three major indexes took their biggest weekly tumbles since January 2016.The market failed to stage a rebound from Thursday's plunge, which erased 734 points from the Dow.China vowed on Thursday that it would fight a potential trade war "until the end.""We have this general freak-out. We don't know the next shoe to drop on trade," said Michael Block, chief strategist at Rhino Trading Partners.Investors were further rattled when China's ambassador to the United States signaled that China could ease purchases of US bonds in response to Trump's tariffs. "We are looking at all options," Ambassador Cui Tiankai told Bloomberg News.China is America's biggest creditor, with more than trillion of Treasury bonds."We've been told for our entire careers that trade wars made the Great Depression worse. And we believe it," said Bruce McCain, chief investment strategist at Key Private Bank.Related: Trade fears add to concern of a downturnAsian markets were rocked overnight after China vowed not to back down in a potential trade war with the United States. Japan's Nikkei 225 plummeted 4.5%, and the Hang Seng in Hong Kong lost 2.5%.On Thursday, the market sold off after Trump announced plans to impose tariffs on about billion of Chinese imports to retaliate for theft of intellectual property.China said hours later that it "is not afraid of and will not recoil from a trade war." Officials in China detailed a plan to retaliate to Trump's aluminum and steel tariffs by imposing their own tariffs on about billion worth of imports of US goods.Trump, who often uses the stock market as a barometer for his success, shrugged off the market turmoil."I think the stock market is going to be great," he said Friday at the White House after a reporter asked about the sell-off. "The stock market is way up. When I came into office, the stock market was from a different planet."Despite the recent struggles, the Dow remains up about 30% since Trump's election.Related: China: We would fight a trade war 'to the end'The worry is that a tit-for-tat escalation between the two largest economies in the world will ruin the solid economic backdrop. Investors had been banking on strong growth this year, but a slowdown in trade and dented business and consumer confidence could change that outlook drastically.Barclays warned in a report that a trade war would drown out the benefits of Trump's tax cuts, which helped power Wall Street's euphoric rally."The administration is moving forcefully into the anti-trade portion of its policy agenda," Barclays economist Michael Gapen wrote in a report on Friday.But it's too early to assess the impact. Bullish investors hope that the administration will soften its tough stance with China, similar to how tariffs on steel and aluminum imports were later scaled back significantly."The threat of a misstep remains high," Raymond James Washington policy analyst Ed Mills wrote in a report, but there is an expectation that "these actions will be watered down or mitigated" in the coming weeks.Key Bank's McCain thinks it's more likely the market is going through a correction than entering a bear market. He pointed to robust corporate profits and the strong economy, which enjoyed robust job growth in February."If anything, a few weeks ago we worried about the economy overheating and inflation picking up," McCain said.The-CNN-Wire 3867

Toys 'R' Us is filing for bankruptcy protection.The toy retailer has filed for Chapter 11 bankruptcy protection in the United States, it said in a statement on Monday. Meanwhile, it said its Canadian subsidiary will "seek protection in parallel proceedings" in the Ontario Superior Court of Justice.The company said it will use the proceedings to restructure its billion outstanding debt. 399

There's a new way to turn your iPhone into a body cam to record your interaction with police when you get pulled over.It's possible through a new feature with Apple's latest iOS 12. The newest iOS allows you to download an app called Shortcuts.Shortcuts allows users to build their own intricate demands for Siri that may involve using multiple apps instead of just one.Once you go through all the steps to make sure the shortcut works, you should be able to say "Hey Siri, I'm getting pulled over.""If people want to add more and more technology to their lives, the police have nothing to fear about this," said 13 Action News Crime and Safety Expert Retired Metro Lieutenant Randy Sutton.The shortcut will also text your video and location information to someone you choose to be your emergency contact.The creator admits the vast majority of the time this shortcut won't even be necessary. 900

They say all’s fair in love and war.And at least one Provo, Utah man took the epithet seriously when he seized an opportune moment to propose to his girlfriend a day before Valentine’s Day — from the back of a cop car.Provo police officer Courtney Manwaring pulled a man and woman over during a routine traffic stop Tuesday but soon discovered a warrant for the man’s arrest, according to a Facebook post from the Provo Police Department. Manwaring handcuffed the man, then cited his female companion for drug offenses.The man then asked Manwaring if he could speak to his girlfriend from the back of the officer’s patrol car. When Manwaring agreed, the man professed his love for his companion and asked her to marry him.“They both cried, and she said yes,” the Provo Police Department confirmed in their post.As of Thursday morning, the post had been liked nearly 500 times and shared 30.Police have not identified the couple involved in the arrest because they “want them to move past yesterday’s arrest and have long and happy lives.”The police department praised Manwaring for working through an enforcement issue while still treating people with dignity.The department even waxed poetic, citing a line from the famous opera, "Carmen."“Love is a gypsy’s child who knows no law.” 1296

TORONTO (AP) — The United States has agreed with Canada and Mexico to extend their agreement to keep their border closed to non-essential travel to July 21 during the coronavirus pandemic. Canadian Prime Minister Justin Trudeau said Tuesday's agreement extends the closure by another 30 days. "This is an important decision that will keep people in both of our countries safe,” the prime minister said in his daily press conference. Americans who are returning to the U.S. and Canadians who are returning to Canada are exempted from the border closure.Acting Department of Homeland Security Secretary Chad Wolf issued a statement Tuesday on why extending non-essential travel restrictions with Canada and Mexico was necessary. "The Department of Homeland Security will ensure that the measures taken at our borders will protect America from all threats, including threats against the health and safety of our citizens," Wolf said in the statement. "Based on the success of the existing restrictions and the emergence of additional global COVID-19 hotspots, the Department will continue to limit non-essential travel at our land ports of entry with Canada and Mexico. This extension protects Americans while keeping essential trade and travel flowing as we reopen the American economy. The Department of Homeland Security is in close contact with our Canadian and Mexican counterparts regarding this extension, and they agree on the need to extend their non-essential travel restrictions as well. I look forward to continuing to work with our neighbors to maintain essential trade and travel while protecting the health of our respective citizenry." The Mexican Embassy in the United States said in a series of tweets that the decision came "after reviewing the development of the spread of COVID-19 in both countries." 1829