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China Escalates Trade War

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BBC |
China has said it will "fight to the end" rather than capitulate to what it sees as US coercion, and will hike its own tariffs on American goods from 34% to 84% in response to the White House's lates...
Yahoo |
China announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday.
The Financial Times |
US President Donald Trump’s catastrophic tariff war may inflict serious economic pain on China, but it could also ignite a technological surge — not by design, but by necessity.

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The Economist1d
China has a weapon that could hurt America: rare-earth exports
On April 4th, responding to Donald Trump’s tariffs, China restricted sales to America of seven rare earths. The move forces producers to apply for export licences. It is not an outright ban, but it could turn into one.
China's trade war weapons: Rare earth ban and US debt dump could cripple American economy and defense
China trade tensions rise, experts warn Xi Jinping could cut rare earth exports or dump U.S. treasuries, threatening defense systems and economic stability.
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