The Trump administration is contemplating a significant escalation in its trade battle with China by potentially restricting an array of software-powered exports, including laptops and jet engines. This move is seen as retaliation against China's latest limits on rare earth exports, sources close to the U.S. government revealed.

Although President Donald Trump has signaled his intent to ban "critical software" exports to China, the plan remains one of several options. U.S. officials are weighing its potential impact, recognizing the leverage the country's software exports provide, but also acknowledging the difficulty in implementing such a measure and the potential backlash from the industry.

Financial markets responded with a brief dip following the news, and while the White House and

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