The U.S. may have reached 'the high-water mark' in tensions with China, Jim Cramer says

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• U.S. slams China for hitting Philippine vessels with water cannons

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  China bans exports of key microchip elements to US as trade tensions escalate

  Semiconductor restrictions on China announced by Washington a day earlier prompt retaliation involving critical minerals including gallium and germanium . The Chinese government has said it will ...
  
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  Philippines says China's coast guard fired water cannons and sideswiped its patrol vessel

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