US regional banks down as anxiety over trade war ramps up

Shares of U.S. regional banks slide after investor anxiety shot up over tensions over tariff imposition

Regional banks such as Fifth Third Bancorp FITB.O, M&T Bank MTB.N, Keycorp KEY.N and Comerica CMA.N fall; Western Alliance WAL.N leads declines with a ~5% fall

The world's second largest economy China, would impose additional tariffs of 84% on all U.S. goods from April 10, up from the 34% previously announced

As hopes of concessions faded and tariffs on dozens of countries, including a massive 104% duties on Chinese goods, came into force, investors accelerated their exit from stocks and industrial commodities