- cross-posted to:
- economics@lemmy.ml
- worldnews@lemmit.online
- cross-posted to:
- economics@lemmy.ml
- worldnews@lemmit.online
Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.
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The more America gets worse off the bigger the Republican will become.
For the Chinese, this is an incredibly sensible way to respond, no question.
As a Canadian, I’m worried. This is only going to strengthen Trump’s case for giving the US direct access rate earth minerals through one sided deals in Ukraine, and by coercing or dominating Canada.
The amount of raw ore is not actually the problem. The US is already the second largest producer of rare earths after China. They can’t process all of the ore though so it gets shipped to China for that. The other thing is all of the US rare earths basically come from one mine, which is partially owned by a Chinese company. No amount of blackmailing random countries for mining rights will fix this.
lets not forget Greenland. if you ever wondered what NATO on NATO violence might look like, boy do I have a timeline for you!
It’s almost as if he’d planned the whole thing this way and I truly believe he’s not as stupid (or at least the people pulling his strings aren’t) as he makes out to be. Dead cat strategy professional just like Boris Johnson
Oh, there’s a cohesive plan behind it all right, but before you give them too much credit it’s from the 1930’s. The new part of the plan seems to be to basically do the 1930’s again so they reuse the playbook
Yeah, triggering WW3 seems like a better route than strengthening your trade.
Pretty vital stuff for future Jets, advanced radars, missiles etc on just the military side. Strategic move by China it will probably slow the US down a lot in a great many areas for potentially years.
China has to be careful because they are an export driven economy and there’s not a lot of wealthy customers out there. If they contribute to a serious recession in the US, it’ll carry consequences in China too. The key for them will be retaliation that carries a big political hit but not an economic hit.
the US already bans lots of expensive Chinese products like cars or tech. and the US isn’t as a strong market anyways.
they are big enough to influence the market, but definition not even close to dictate it.
the only ones who will suffer by American autarky are Americans
Or to dethrone the US as global currency for once and for all.
China will have to become a net importer for that to happen and that’s very unlikely. The Euro has a better chance but I seriously think Trump would turn all of Europe over to Russia to stop that from happening.
Russia can’t even take Ukraine, the fantasy that Russia somehow is a military threat to Europe is laughable.
I’m pro-Europe but I also recognize that Europe is very dependent on the US for military technology and weapons. France is the only country that is resistant to the possibility of the US just turning everything off. European nations would do fine vs. Russia with American technology and weapons. I suspect that Russia could reconquer to Berlin if Europe was depraved of American military technology and weapons. Maybe I’m wrong, though.
Ok let’s assume Russia takes europe - then what? You think Europeans going to happily sit under Ruzi dictatorship? What the fuck are you even talking about.
Maybe, I’m not a military expert by no means, but I fail to see the real advantage of the supposed american military technology when they lost every single war since ww2, often against supply starved adversary.
They win wars. They bore of occupations.
Trump wants to devalue US currency. He sees US dollar supremacy as why the US is not competitive in the export market and part of the reason why manufacturing has left the country.
Most countries take the US dollars they make on exports and stockpile them in US treasuries which keeps the dollars value high relative to other currencies.
Essentially he sees the high value of the US dollar and trade deficit as bubbles that will eventually burst and collapse the US economy. Which is an issue he thinks he can fix/prevent with tariffs.
