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European shares fell Friday, with autos and basic resources stocks bearing the brunt of a wide sell-off, triggered by mounting worries that U.S. tariffs on up to $60 billion of imports from China could escalate.Eurozone indexes including the export-sensitive DAX also fell 1.8 percent but remained above early March lows, while the FTSE declined 0.4 percent to fresh 15-month lows reached on the back of a strengthening pound.Still on the tariff front, the previously announced U.S. tariffs on steel and aluminum imports will take effect Friday but more countries, including those in the EU, have obtained a temporary exemption.For companies exposed to U.S. steel and aluminums tariffs, shares in carmakers Fiat Chrysler and BMW fell 2 and 1.4 percent respectively, while steel tube maker Tenaris dropped 4.1 percent and ThyssenKrupp declined 3 percent.
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