^ First calm and cool diagnose. Why didn't Trump impose 1000 % import tarriffs, then he would have really wrote history lol


Just a short fable, if anyone can understand this:

https://www.farmersfable.org/

This is not communism, when all people have the same BEFORE exchanging, it will not work. This is pure mathematics, and nothing to do with any left or right ideology. Which also means that the economical theories from the 19th century and still believed by the recent financial markets, are wrong. Change of paradigm if anyone is interested.

https://ergodicityeconomics.com/about/

China has stopped the export of many rare earths and certain magnetic minerals to the US, hitting the American car, space, aircraft, military and computer sector. Already on April 4, the Chinese government imposed restrictions on the export of six heavy rare earth metals that are refined exclusively in China, as well as on rare earth magnets, 90 percent of which are produced in China. The metals and the special magnets made from them may only be exported from China with special export licenses.


The Donald is falling deeper and deeper into his donaldinarium and now says the moratorium on tariffs for certain high tech products (which would have hurt Apple the most) may only be shortliving. It is most obvious that he has completely underestimated China and how long and well China has prepared itself for the tariffs confrontation with him, and the confrontation with the US in general. While Xi must consider a bit the general piblic mood on the streets after the economic and corona turmoil of the past years, he nevertheless already is an autocrat like Trump wants to become one, and he already lives in an autocracy like Trump wants to build one. That makes it easier for Xi to ride tougher waves in public opinion. Rules of how politicians in america must pay attention to what the general public thinks, do not apply in this form in China, cannot just be carried over. China has the longer leverage. The Big Boss in the WH still has not realised this, steering deeper and deeper into the mess he created.

I have always liked Mahar even though I disagree with some of his politics. He is honest and will say uncomfortable things about fellow Liberals and their beliefs. Some really interesting stuff here.

The export ban on Chinese rtare earths and magnetic mienrals affects not just the US, but is a ban worldwide. So fa,r China stops the US from egtting these via bypassing trades with other coutries who bought from China. China this way wants to put pressure on possible allies to try to influence the US.



A significant share of these banned exports is about rare earths you practically cannot get anywehre else. The Chinese shot aims at the heart of global hightech economy.

It is also a stark reminder that China is not a willing or cooperative trading partner. Not to mention the intellectual property China steals. It has been going on for decades. Even Obama mentions it. https://www.youtube.com/shorts/AubgucSYQBE

China is no friend of the USA.

While to some degree I agree, this Chinese step now is not about not wanting to be a trade partner, but about retaliation in an economic battle launched most incompetently by Trump in which he does not have the sharp weapons he assumed he had. Currently evertyhing explodes in his face. He thoguzht he could simpyl poress China into obeidence by use iof brute force and srtubborness. Now he learns that Xi is as stubborn as himself and has the longer leverage. Trump already had to repeatedly "correct" his tariffs "strategy" severla times . Confidence in your choice of weapons and strategy looks different.

Or in short, he did the biggest mistake of all. He underestimated his opponent and started this all very ill-prepared, planned on illusions and false concepts about how economy in the year 2025 works. Why do you think the two masterminds of his tariffs policy had been degraded and sent back into row number 2?

He listened to the wrong guys who had their heads stuck in the world of many decades ago and who ignored that things are no more like they were back then.


Trump claims to be a master of "deals". He is not and his history and long record of business failures an dlegal battles shows it. He is a loser, and a master only in dodging responsibility and letting others for his failures pay and suffer. Thats a pattern in his whole career. This time he lets pay not just some stupdi business partners who fell for him, but your whole antiopn and peopel, and then a good part of the whole world. He gambles away everything - he always did, and now does it again. And its always others who have to pay his bill.

China needs the American market.

America is not devoid of rare earth.

https://www.theearthandi.org/post/es...scovered-in-us

A relation which is mutual. More mutal than Trump realises. He wants to bring you back industrial structures there were 50 and 100 years ago. Well. Good luck with that. And good luck with finding the workers in the US willing to work under those conditions once again.

Which I have acknowledged repeatedly, the problem is neither are many of these ressources accesible from now to today, nor do you have all critical ressources needed. And it seems China has targeted right those that you do not have in your reach (or the world). Like it or not, China is home to some rare earths you find practically nowhere else, are not mined at all anywhere else, or not in sufficient quantities. Says not me - but geologists, I just parrot them.

It is only mutual in the respect that Americans have been trained like Pavlov's dogs. They drool at cheap things at the store. The mentality instilled in Americans that needs to change:

1. They are above any type of factory job
2. Buying cheap things that do not last is ok

In my mind, I would take a factory job over working the till at the local McDonald's.

Under the Biden administration locating and working a plan to harvest rare earth in the USA was implemented. The USA is not sitting back looking to depend on another nation such as China.

Thats the future which in some years may or may not be. The problems you face now are NOW. And they can crush you NOW. And us. And many others as well. No thanks for that. The 1950s and the 1920 and the 1900s will not come back. And maybe you and we all should be thankful for that. Less punishing work. More general wealth even for the poorer castes of the social hierarchy.



Trump and his croonies are not the likes who will need to work their hands bloody in mines and factories.