trump trade war- is he prepared for China to take rare earth metals off the table???

B

Bill

Malarkeyville
Tom Daly

2 Min Read


BEIJING (Reuters) - China’s rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of “bullying”.
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The Association of China Rare Earth Industry issued a statement after a special working meeting on Monday to discuss the “guidance” given by Chinese President Xi Jinping during a visit to a rare earth plant in Jiangxi in May.

Xi’s visit stoked fears China would use its dominance over production of rare earths, a group of 17 chemical elements prized for their use in consumer electronics and military equipment, in the escalating trade war, although no restrictions on supplies have so far been announced.​

U.S. President Donald Trump said last week he would impose further tariffs on another $300 billion of Chinese goods, although a previous lists avoided rare earths, for which the United States relies heavily on China.

The Chinese association rarely comments on the trade war and made no mention of export restrictions, but said all attendees at the meeting agreed that U.S. tariffs on Chinese goods were aimed at suppressing China’s development and amounted to unilateralism, protectionism and “trade bullying behavior.”

“We express our firm opposition,” it said, adding that Chinese rare earth companies should actively expand overseas markets, as well as the domestic market.

“The cost of tariffs imposed by the United States should be borne by the U.S. market and consumers,” the association said.

China customs is due to report its July rare earth export data on Thursday.
 
Bill said:
Tom Daly

2 Min Read


BEIJING (Reuters) - China’s rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of “bullying”.
​
The Association of China Rare Earth Industry issued a statement after a special working meeting on Monday to discuss the “guidance” given by Chinese President Xi Jinping during a visit to a rare earth plant in Jiangxi in May.

Xi’s visit stoked fears China would use its dominance over production of rare earths, a group of 17 chemical elements prized for their use in consumer electronics and military equipment, in the escalating trade war, although no restrictions on supplies have so far been announced.​

U.S. President Donald Trump said last week he would impose further tariffs on another $300 billion of Chinese goods, although a previous lists avoided rare earths, for which the United States relies heavily on China.

The Chinese association rarely comments on the trade war and made no mention of export restrictions, but said all attendees at the meeting agreed that U.S. tariffs on Chinese goods were aimed at suppressing China’s development and amounted to unilateralism, protectionism and “trade bullying behavior.”

“We express our firm opposition,” it said, adding that Chinese rare earth companies should actively expand overseas markets, as well as the domestic market.

“The cost of tariffs imposed by the United States should be borne by the U.S. market and consumers,” the association said.

China customs is due to report its July rare earth export data on Thursday.
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Well, bullying is Trump's trademark, after all. What matters any damage to the U.S. economy? Trump has to have his way.

Sent from my SM-G950U using Tapatalk
 
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Got a good laugh out of the thread title.

'Prepared', and 'trump' are two words that you never see in the same sentence unless the prefixes 'un', 'ill' are used.
 
Bill said:
Tom Daly

2 Min Read


BEIJING (Reuters) - China’s rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of “bullying”.
​
The Association of China Rare Earth Industry issued a statement after a special working meeting on Monday to discuss the “guidance” given by Chinese President Xi Jinping during a visit to a rare earth plant in Jiangxi in May.

Xi’s visit stoked fears China would use its dominance over production of rare earths, a group of 17 chemical elements prized for their use in consumer electronics and military equipment, in the escalating trade war, although no restrictions on supplies have so far been announced.​

U.S. President Donald Trump said last week he would impose further tariffs on another $300 billion of Chinese goods, although a previous lists avoided rare earths, for which the United States relies heavily on China.

The Chinese association rarely comments on the trade war and made no mention of export restrictions, but said all attendees at the meeting agreed that U.S. tariffs on Chinese goods were aimed at suppressing China’s development and amounted to unilateralism, protectionism and “trade bullying behavior.”

“We express our firm opposition,” it said, adding that Chinese rare earth companies should actively expand overseas markets, as well as the domestic market.

“The cost of tariffs imposed by the United States should be borne by the U.S. market and consumers,” the association said.

China customs is due to report its July rare earth export data on Thursday.
Click to expand...

Our economy is going to sink, because we've got a fool at the helm.
 
Bill said:
China rare earths group supports counter-measures against U.S. 'bullying'
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What a painfully stupid article. So China manipulates its currency, exploits it's citizens and it's environment and controls and LIMITS trade into their country, and the US is a bully for calling them on it?

The liberal left and FAKE media have gone FULL retard.
 
Trumpet said:
Our economy is going to sink, because we've got a fool at the helm.
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That should make low IQ, dishonest, lying leftists like you happy. After all, you aren't going to win an election unless millions of Americans are hurt and suffering right?
 
Althea said:
Got a good laugh out of the thread title.

'Prepared', and 'trump' are two words that you never see in the same sentence unless the prefixes 'un', 'ill' are used.
Click to expand...

dondald Jenius trumpf only ppl that aren't jenius' need preparation, his record speaks for it's self!!!!
 
Bill said:
dondald Jenius trumpf only ppl that aren't jenius' need preparation, his record speaks for it's self!!!!
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He's too stupid to realize that the looks like a moron every time he has to deliver a speech. Most people would try to improve over the last fiasco, by simply letting advisers help them to prepare.
 
Gonzomin said:
We have rare earth metals in America. We can restart our mining if forced to. But it is dirty and the chemicals released are deadly. https://e360.yale.edu/features/boom_in_mining_rare_earths_poses_mounting_toxic_risks
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right.

so lets subsidize phone costs so everyone can afford them as disposable things - and have China produce it at slave labor costs - all the while we pretend we care about green causes cause we are so progressively minded

that in a nutshell is the American left.
 
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