US-Chinese relations have reached new lows, as rapid, tit-for-tat escalation has led to record tariffs on goods trade between the two countries.  Punitive measures also include moves to decrease Chinese financial flows to the US, and restrictions on exports from China to the US of rare earths and magnets — crucial in the production of a number of strategic goods. Both economies will feel the negative impact of the tariffs, but for China they also present an opportunity. With President