#USChinaTensions

Tariff Escalation: The U.S. has increased tariffs on Chinese goods to 145%, prompting China to retaliate with 125% tariffs on American imports.

Commodity Restrictions: China has reduced purchases of U.S. commodities and imposed export restrictions on rare earth elements, critical for U.S. defense and technology sectors.

Currency Strategy: China's central bank is promoting the yuan for international transactions, urging state-owned enterprises to prioritize its use in overseas dealings.