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[US-china Trade War Escalates: Tariffs, Export Controls, And Market Instability] Trade Tensions Escalated Between The U.S. And China This Week Following Months Of Relative Calm. China Implemented New Restrictions On Rare Earth Mineral Exports, While The U.S. Responded With Threats Of A 100% Tax On Chinese Imports By November 1 And Export Controls On American Software. Both Nations Also Introduced New Port Fees Impacting Each Other's Ships. These Actions Led To Market Instability, With The S&P 500 Experiencing Its Worst Day Since April.
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