The trade war between the U.S. and China has escalated once again, as President Trump threatens to impose a 100% tariff on Chinese imports. This escalation follows China’s recent restrictions on rare earth exports and has been characterized by sharp stock market declines, with the Dow dropping significantly amid fears of further trade tensions. As Wall Street reacts with significant losses, including an $18 billion sell-off in cryptocurrencies, China has vowed to stand firm against these tariff threats. Both nations are engaged in a fierce exchange, with China accusing the U.S. of double standards and urging a return to negotiations. Market analysts express concern that the ongoing conflict could lead to more significant economic disruptions, while some stocks have shown resilience despite the turmoil.