** Shares of U.S. credit card firms fall in premarket trading as China imposes additional tariff on U.S. goods in escalating trade war
** Payment firms face the risk of weak credit card spending, as consumer confidence is expected to take a hit from economic uncertainties stoked by the trade war
** American Express Co down <AXP.N> 4.1%, Visa Inc falls <V.N> 2.6% and Mastercard Inc slips <MA.N> 2.7%
** The selloff comes after AXP fell 10% on Thursday, MA fell 3.1% and V fell 2%
(Reporting by Ateev Bhandari in Bengaluru)
((Ateev.Bhandari@thomsonreuters.com; ))
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