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US stocks joining a global settle Friday the Dow Jones off more than one percent in early trade battle to European shares hit a three month low earlier call me because the biggest losers off to Washington opened a new front in global trade tensions president trump shocked markets Thursday with the threat to impose five percent tariffs on old Mexican goods from June tenth unless Mexico stops illegal immigration Europe stock six hundred dropped one point six percent on that fiat Chrysler down about five percent in the US General Motors was off almost four percent investors worried about the phones exposure to Mexico Spanish banks with a big Mexican presents were also hurt while still produce all Salome tile dropped to percent a bigger than expected for in China's factory output also closed market concern , trump's terror threat came at the end of the worst month of the year for global stock markets and has investors fearing that could be a worldwide slide back into recession