Why the Trump Xi Summit Was Always Going to Fail!
Trump’s visit to China achieved essentially nothing. The countries’ problems are too deep to be achieved in a presidential visit.
https://www.youtube.com/watch?v=XD1eGSCvUO0
Tag: rare earth minerals
‘The damage has been done’: As Trump claims victory on Greenland, Europe loses trust
“In an interview with Fox Business, he said, “We’re getting everything we wanted — total security, total access to everything.”
Yet all of that was available to Trump from the start, without the drama that sent the NATO alliance barreling toward an internal crisis, a Danish official told NBC News on Thursday.
The only nonnegotiable point for Denmark was that Greenland shouldn’t be absorbed by the U.S., the person added.
“We can discuss increased military presence and more troops. You name it, basically, you can have it” under existing treaties, the official said, speaking on condition of anonymity.
…
his Greenland gambit clawed away some of the trust that underpins a successful alliance, said diplomats, government officials and foreign policy experts.”
https://www.yahoo.com/news/articles/damage-done-trump-claims-victory-012236295.html
How China checkmated Western economies
China is using its stranglehold on rare earth minerals to wage economic warfare against the world. If a company wants such materials from somewhere else, they will be more expensive, and those companies’ products will no longer be competitive.
https://www.youtube.com/watch?v=dASaGYbN0dw
Trump’s been played by Xi in China deal | Justin Wolfers
Trump’s deal with China has made things less bad than they were before the meeting, but they are still way worse than they were before Trump engaged in a trade war with China.
https://www.youtube.com/watch?v=Dr-gB3BNykQ
The Pentagon’s Desperate Bet to Stop China | @visualeconomiken
China is dominant in rare earth mining and refining. Catching up on how to refine efficiently may be the hardest part. The U.S. could do this not long ago, we let it slip and are now regretting it!
https://www.youtube.com/watch?v=LMgmR3dl8P8
Is China Beating Trump?
China’s stranglehold on the supply of rare earths is damaging America’s ability to build military equipment and commercial cars. So far, Trump’s trade war on China is costly with little to no reward.
https://www.youtube.com/watch?v=aXd0dTfc2Pk
Trump Nervous As China Strikes Back | Jostein Hauge | TMR
One reason the U.S. is behind China in rare earth metals is that China can tell companies what to do for the good of the country, while Congress and presidents have allowed companies to chase short-term profits at the expense of the country.
https://www.youtube.com/watch?v=zNrMWJiJ3sc
US, China formalize deal on rare earth shipments in trade breakthrough
“China on Friday signaled it would approve the export of rare earth minerals to the US, hours after White House officials said the two sides had reached a deal, in what would be a major breakthrough following weeks of negotiations over US access to the key materials.”
https://www.yahoo.com/news/us-china-formalize-deal-rare-075006013.html
China’s got the world in a rare earth choke hold
“China has a virtual monopoly in the sector, dominating the entire supply chain from the extraction of rare earths to their processing and the manufacture of permanent magnets.
According to the International Energy Agency, the country accounts for some 61 percent of rare earths extraction and 92 percent of refining. Moreover, it provides nearly 99 percent of the EU’s supply of the 17 rare earths, as well as about 98 percent of its rare earth permanent magnets. Global demand for these minerals is expected to increase by 50 to 60 percent by 2040.”
https://www.politico.eu/article/china-rare-earth-materials-donald-trump-west-magnets-cars/
China’s Halt of Critical Minerals
China is the only main supplier of rare earths. Rare earths are key to military and industrial technologies. The Trump administration seems unprepared for China’s predictable move to ban rare earth minerals.
https://www.youtube.com/watch?v=DcR50vC6nGE