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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
byshilly ( 142940 ) writes:
Misha Glenny just did an excellent series covering rare earths. Link here: https://www.bbc.co.uk/sounds/s... [bbc.co.uk]
This is pretty bad news. However, Beijing's strategy seems unclear to me. They wanted to paint themselves in contradiction to the US, as a reliable trading partner for other countries. This really doesn't help their case. Trump has really made life shittier for everyone now. I guess there's going to be a scramble to use induction motors in EVs in the coming months and years.
byMalenfrant ( 781088 ) writes:
As per the article, they are setting up a licensing system before resuming exports. I would guess that this licensing system will be intended to prevent them being sold on to the USA, with any instances of this being grounds for license revocation. I would not expect this to take very long to set up, but perhaps a slight delay is intended to focus minds and dissuade other Countries from allowing them to be sold on to the USA.
byshilly ( 142940 ) writes:
That seems plausible. But will still emphasise that they are not a trading partner in whom Western countries can fully trust. In the UK, that's been emphasised pretty sharply in recent days with British Steel.
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byPieroxy ( 222434 ) writes:
This does not make China an untrustworthy trade partner. They reacted to an unprovoked attack by Trump and that's a reasonable response.
What Trump did since the beginning of his 2nd term however turned the USA into one. Unless there is no other choice, everyone is going to look elsewhere for imports. That is bound to cut deep into the US's economy. But anyone with half a brain can understand that. Too bad the orange goon doesn't have it.
byshilly ( 142940 ) writes:
If China impedes the supply of critical raw materials to countries other than the US to make a political point, even temporarily, of course that makes China a less trustworthy trade partner than before.
bygweihir ( 88907 ) writes:
Indeed. And that damage is done. It will take decades of good behaviour to make the US a reliable trade partner again. But I guess a real-estate fraudster with bad education and low cognitive skills is not capable of seeing that.
bysarren1901 ( 5415506 ) writes:
Decades? Hard to predict the future. Never know what the next major conflict will do to the world. We could very well slide into irrelevance and splinter into numerous smaller countries. Or we endure some discomfort now but end up in a stronger position later.
If I had a reliable crystal ball, I wouldn't have to work.
byPieroxy ( 222434 ) writes:
Everything Trump has done so far has a very slim chance of putting the U.S. in a better position—especially in the mid or long term.
It's true that no one has a crystal ball, but history does offer insights into strategies and their likely outcomes. Antagonizing everyone has never been a winning strategy. Tariffs have consistently led to the same results, time and time again, in every country.
Discussing detailed war plans on Signal with a journalist doesn’t exactly show great care for top secret
byfullgandoo ( 1188759 ) writes:
The world has already learned the lesson. Canada in particular. US is not a reliable partner. In any way.
byHiThere ( 15173 ) writes:
Democracies, back to Athens, have a history of being unreliable over the long term. They've got lots of good points if you live in them, but that's not one of them.
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