Wall Street hit by trade war fears

China said it would place 25% trade tariffs on 106 US goods, including soybeans, aircraft and orange juice.The tit-for-tat action comes hours after Washington detailed about 1,300 Chinese products it intended to hit with tariffs - also set at 25%.Wall Street opened sharply lower, but regained ground by mid-day.After starting down more than 400 points or 1.75%, the Dow was only down by about 0.6% by late morning.