What happens between America and China harms the economies of both countries, and opens the door for another rising power, they will soon realize this and cooperation between them will return, just a personal opinion

In short, what happened in the markets is due to China deciding on October 9, without prior warning, to ban the export of any rare metals except with a permit from the Chinese Ministry of Commerce (and this, in fact, suffocates the whole world).

Trump described this action as China wanting to hold the world hostage in its hands and threatened to impose a 100% tariff 🤦🏻‍♂️

The importance of these metals is that they are used in all technological and military industries without exception.

These rare metals are not rare in themselves as much as China is almost the only country capable of processing and extracting them.

Also, China has banned the transfer of any equipment, information, or technology that contributes to helping any country in processing these metals.

And we are left to fate, oh world.
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