Retaliation or escalation? Trust between the U.S. and China is fading fast, analysts say

The flare-up in tensions between the U.S. and China over the weekend highlights the deepening mistrust dividing the world’s two biggest economies. In the two days after Beijing ended its Golden Week holiday on Wednesday, the country announced a new framework for restricting rare earths exports, placed more U.S. companies on a blacklist and charged U.S.-linked ships with fees for docking at