U.S. stock markets fell more than 2 percent on Monday after China announced retaliatory tariffs on U.S. goods, heightening fears of a full-blown trade war between the world’s two largest economies that could cripple global economic growth. According to this post from Reuters, at the heart of the selloff were shares in major technology companies including Apple Inc as well as chipmakers, manufacturers and retailers that draw large chunks of their revenue from China. Apple’s shares fell 5.2 percent, putting the S&P and the Dow on track for their biggest one-day percentage drop since Jan. 3. The selloff that began with stocks surfing at an all-time high on May 1 has now knocked almost 5 percent off the S&P 500 in less than two weeks. Read More.