Port fees have kicked in after Washington said China's dominance of the global maritime, logistics and shipbuilding sectors resulted from unfair policies and practices.The US and China on Tuesday began charging additional port fees on vessels linked with each other's country as a trade war between the world's two largest economies moves to the high seas.

The renewed tensions between the two powers already affected markets on Friday: the main New York Stock Exchange index, the S&P 500, dropped more than 2%, its worst session since April, when Trump launched his global trade war before backing down and granting a 90-day reprieve amid fears of the measures’ impact on the global economy.

China dismissed complaints from the US that it didn’t respond to inquiries over its latest export curbs on rare earths, saying Beijing has been maintaining communications over trade issues despite recent tensions.

Tension in the China Sea continues to rise. Taiwan claims to have expelled three Chinese ships and that this is not all, the situation is expected to get worse. This happened betwe

China has tightened export controls on rare earths and other materials critical for advanced tech manufacturing as trade negotiations continue with the US.

China's Ministry of Commerce said on Thursday that export applications for overseas military users will not be approved in principle. It also said it will curb exports of rare earths used in advanced semiconductor manufacturing and its facilities, and rare earths for artificial intelligence research with potential military applications.

Staring earnestly into the camera in an open-necked shirt, with the sleeves rolled up to the elbow, Christopher Berry extols the virtues of West Lake, the chief tourist attraction in Hangzhou, a city of 13 million in eastern China.