China restricts exports of rare earth minerals in retaliation against Trump's tariffs
China restricts exports of rare earth minerals in retaliation against Trump's tariffs
America is sooooo fucked
7 comments
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Well, that’s a good thing in a way; china was previously selling at a loss to put the competition out of business. Now the other refineries have a reason to start back up again.
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... Do you have a source for that, because it kinda seems like you made it up.
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Really?
Here’s a good summary:
I lived through it while it was happening. Where were you?
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You do realize that it takes time and know-how to do that processing right? Know-how that the US does not have.
Not to mention just trying to find these deposit in America.
Also, did you know that under Biden, we were working with other countries like Canada and Australia to expand mining REE to decrease reliance on China?
Remind me who pissed off or allies recently with some stupid ass trade war?
This is a not 4d chess here and no good will come from this other than weakening America with such a no intelligence plan and no prep work.
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First off, I’m Canadian, and yeah, you’ve pissed us off.
Secondly, read the lnk I linked; before Trump did this whole trade war thing, there was already almost a decade of work going into rebuilding the knowhow and supply chains needed. It takes time, but there are already companies who have been ramping up over the past 5-10 years — they just haven’t been able to compete with China on price or quality.
But now they’ll get their chance, as the US is running out of other options.
Meanwhile, the rest of us will hopefully also wean ourselves off of Chinese rare earths too, now that we’ve seen them actually weaponize them against the US.
Then again, rare earths processing is very environmentally destructive; there’s a reason China is doing it in Jilin and Mongolia.
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7 comments