The ongoing trade conflict between the United States and China has reignited as President Trump threatened to impose a drastic 100% tariff on Chinese imports, causing significant market fluctuations. The Dow fell nearly 900 points following the announcement, marking the worst trading day since April. In response, Chinese stocks have declined, and Beijing has vowed to retaliate against any new tariffs. Amid the turmoil, comments from Trump suggesting a softer tone toward China have provided some relief to investors, with Wall Street showing signs of a rebound following earlier losses. Discussions between US and Chinese officials are reportedly ongoing, as both nations seek to navigate the complexities of their trade relationship.