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from Wall Street to the high seas two corporate offices around the world No Way seem to be safe from escalating tensions between the world's two biggest economies the US and China squared off on many fronts Thursday pressuring global markets as investors fear both sides are digging in for a long and costly trade war the Dow down as many as four hundred points one major flashpoint the Chinese tech company while away Reuter straight correspondent David Lauter rhetoric from both sides has been ratcheting up %HESITATION you have statements coming out of Beijing that are reported by those from %HESITATION the United States %HESITATION we saw that with secretary Pompeii %HESITATION today search our Pompeii a basically said that %HESITATION the the CEO far away was essentially lying about %HESITATION always threat %HESITATION to US national security accused of having ties to the Chinese Communist Party the U. S. blacklisted while we last week forcing companies around the world to seek other suppliers fuelling fear Beijing and Washington veering towards a technology Cold War Chinese officials aren't taking the escalation lying down telling Washington to end quote wrong actions if you want another round of trade talks to see the light of day the Huawei bad isn't the only thing angering Beijing Washington this week sent two navy ships in the Taiwan Strait considered a provocation in Beijing's eyes says it see the action as your support for breakaway province Chinese foreign ministry spokesman Liu K. two one meter will tie one question is the most sensitive to China US trade relations we urge the U. S. to abide by the one China principle and the rules of three joint communiques between China and the United States to deal with the Taiwan relations questions carefully an appropriately to avoid negative effect on the China US relationship and the peace in the Taiwan Strait under twenty diplomatic sources told Reuters not only is it now unlikely , the tribe and Chinese president xi Jinping we have a trade deal to sign it next month G. twenty gathering to may not even officially me