Global Markets React to Trump’s Tariff and Trade Threats

TL;DR Summary
China has firmly rejected a 100% tariff threat from the US, urging negotiations over trade disputes and warning of retaliatory measures, especially concerning export controls on rare earths, amid ongoing tensions and accusations of violations from both sides.
- China vows to stand firm against Trump's 100% tariff threat NPR
- China warns US of retaliation over Trump’s 100% tariffs threat The Guardian
- Most Gulf markets in red on Trump's China tariff move Reuters
- Crypto bloodbath wipes out billions, but signs of stabilization emerge Fox Business
- Xi’s Red Line on Trump’s Export Curbs Threatens to Upend Truce Bloomberg.com
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