i wonder sometimes if the orange man learns any lessons from his antics so here is one possible;
The White House Fool’s Provocations of China Finally Produces a Response
Trump learns the cost of being tough
Ron Unz tells us the consequence of Trump’s Diplomacy by Threat
Read the entire article here: https://www.unz.com/runz/donald-trump-as-our-mad-emperor-of-the-bubble/
The Chinese have “suddenly imposed an unprecedented new wave of licensing requirements on the import and use of the rare earths that they mine and refine, as well as the vital small magnets produced from those compounds. These extremely severe restrictions would now apply to any companies around the world whose goods contained as little as 0.1% of their value in that category, apparently encompassing an enormous range of major industries including cars, solar panels, and chip-making equipment. The entire supply-claim for phones, computers, data-centers, and AI systems would be covered, requiring individual permissions from the Chinese authorities for their use to continue on a case-by-case basis.
“China’s newest restrictions on rare-earth materials would mark a nearly unprecedented export control that stands to disrupt the global economy, giving Beijing more leverage in trade negotiations and ratcheting up pressure on the Trump administration to respond.
“The rule, put out Thursday by China’s Commerce Ministry, is viewed as an escalation in the U.S.-China trade fight because it threatens the supply chain for semiconductors. Chips are the lifeblood of the economy, powering phones, computers and data centers needed to train artificial-intelligence models. The rule also would affect cars, solar panels and the equipment for making chips and other products, limiting the ability of other countries to support their own industries. China produces roughly 90% of the world’s rare-earth materials.........more.........
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