The trade war between the US and China has reignited as President Trump threatens to impose a 100% tariff on Chinese imports, citing concerns over rare earth restrictions. In response, China has expressed its defiance, warning of retaliation and accusing the US of double standards. The tensions have already led to a significant sell-off in the stock market, with major indices like the Dow and S&P 500 experiencing sharp declines. Market analysts are keeping a close eye on future developments as both nations prepare for a potential escalation in their trade conflict.