Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.

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.

https://archive.ph/Gt15t

  • 52fighters@lemmy.sdf.orgEnglish
    7·
    2 days ago

    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.

    • Azhad@lemmy.worldEnglish
      11·
      2 days ago

      Russia can’t even take Ukraine, the fantasy that Russia somehow is a military threat to Europe is laughable.

      • 52fighters@lemmy.sdf.orgEnglish
        12·
        1 day ago

        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.

        • Dr. Moose@lemmy.worldEnglish
          1·
          1 day ago

          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.

        • Azhad@lemmy.worldEnglish
          3·
          1 day ago

          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.

    • shawn1122@lemm.eeEnglish
      1·
      2 days ago

      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.