China strikes back at Trump with 34 percent tariff — bans rare earth exports to the U.S.

[u/Significant-Colour]

https://www.tomshardware.com/tech-industry/china-strikes-back-on-trump-tariffs-bans-rare-earth-exports-to-the-u-s

[u/phormix]

I feel like the export ban will be a bigger deal than the counter-tariff, depending on broadly they apply that to US subsidiaries and partners.

[u/tpodr → u/phormix]

Greenland holds substantial reserves of essential minerals, including lithium, niobium, hafnium and zirconium — key components for batteries and other technological applications.

In addition, Greenland possesses deposits of rare earth elements, which are prized for their role in energy transition technologies but accessible in only a few locations worldwide. Nations with access to these resources have a significant competitive edge.

https://pulitzercenter.org/stories/greenlands-rare-earths-attract-european-and-us-interest-signaling-potential-mining-boom

Maybe it’s not about national security after all…

[u/CombatCloud → u/tpodr]

Even if he intends to annex Greenland to replace rare-earth minerals sourced from China, it would surely take far longer than four years to establish all the necessary infrastructure for a complete replacement. Not sure what the plan is here, maybe he doesn't know either 😅

[u/AlsoInteresting → u/CombatCloud]

He just wants the bribes for the sale of the lots or the mining licences.

[u/Trap_Masters → u/AlsoInteresting]

Ah so the very corruption that Maga screams about everyday yet willingly turn a blind eye to trump blatantly doing it in front of them

[u/TempleSquare → u/Trap_Masters]

That's what we figured out in Trump 1.0. whatever he accused his opponent of, it was because he wanted to do it first. (And he's too dumb to realize that other people may have different plans)

"You are a puppet of Putin" -> I am a puppet of Putin

"They want to rig the election" -> I want to rig the election

"Lock her up" -> Don't lock me up!

[u/Shadowrak → u/TempleSquare]

Projection is the one thing that when it clicked for me, it blew my mind how difficult it was to convince others of its predictive nature.

[u/mark3grp → u/Shadowrak]

Yes the personality disorders seem to run on rails. It is hard to get people to understand . It’s like you can hardly believe it yourself… but you can’t ignore the facts!

[u/ApplianceHealer → u/TempleSquare]

Ironically, all you have to do is flip the pronouns around.

[u/iamjimmyz → u/ApplianceHealer]

too bad they’ve been told to ignore all pronouns

[u/rugbyj → u/AlsoInteresting]

Yeah he'll sell it off to the highest bidder and pump the money into his third term campaign and general Trumpfund.

[u/tpodr → u/CombatCloud]

The US and other countries have already started working on extracting these resources. At this time, those leases are acquired from the Greenland govt. I’ve assumed Trump wants to be the one selling the leases. And using control of the terms to control other countries. Not so dissimilar to China and its threat of withholding their rare earths from the US.

[u/deadsoulinside → u/tpodr]

I’ve assumed Trump wants to be the one selling the leases

He's not even doing that. He's selling the rights to sell those leases. Look at what he done with oil here. Right now a reality company who's located in the same city as Trumps department of energy person is, has the contract to sell land to oil companies.

[u/LearnedHowToDougie → u/CombatCloud]

What gives you the impression Trump intends to abide by term limits?

[u/Elendel19 → u/tpodr]

Yes but greenlands deposits are in remote arctic tundra with zero infrastructure or even roads leading anywhere near them. They are incredibly difficult to get to and that’s exactly why they haven’t been mined yet. Even if the US took Greenland tomorrow it would be MANY years before they could even start extracting any, and it would almost certainly cost way more than what China sells for.

[u/DrDumle → u/Elendel19]

Also, the US is already welcome to start a mine there I assume. Most mines in the world are foreign owned.

[u/overcomebyfumes → u/DrDumle]

Iirc, Greenland has stronger environmental protections than most countries, particularly when it comes to mining.

[u/nonoanddefinitelyno → u/tpodr]

It's incredible that some people believed it was.

[u/Personal-Act-9795 → u/nonoanddefinitelyno]

The really stupid thing is to think that even if the US could take Greenland, it would still take massive infrastructure investment to mine those minerals and they still would be way MORE EXPENSIVE then from China...

It's just dumb all around, he doesn't think any more then one step forward.

[u/LawabidingKhajiit → u/Personal-Act-9795]

they still would be way MORE EXPENSIVE then from China...

And that's the magic of tariffs! If you can't match the competition's prices, just have your buddy in charge artificially inflate theirs enough that you can undercut them and still keep a stupid profit margin. Everybody wins! Except everyone downstream in the production chain, but fuck em, my number is bigger! Yes it's worth comparatively less, but what does that matter when you have more than you could ever spend already, and the number is really just for bragging points on the golf course.

That's the bit that really sickens me; the mega rich don't do this stuff to make their lives better-that would be reprehensible but at least a little understandable with a selfish enough mindset; no, they are ruining people's lives entirely for bragging rights.

[u/DDRaptors → u/Personal-Act-9795]

Wouldn’t see a mineral out of the ground there for two decades. Long after the Cheeto is dust. 

[u/momenace → u/tpodr]

These locations (+ Canada) are also more strategically relevant as the globe warms, but they deff can say the second part outloud.

[u/Moronto_AKA_MORONTO → u/phormix]

China probably has like 100 economic/math experts calculating every strategic permutation possible.

Orange Hitler just put the entire future of the US economy on his favorite number... 0

[u/geoken → u/Moronto_AKA_MORONTO]

That's not fair. It's already been shown that they're getting their strategies from chatGPT

[u/Villag3Idiot]

Once China makes new contracts with someone else, they won't be coming back.

[u/bread-cheese-pan → u/Villag3Idiot]

Not just China, pretty much the rest of the world at this point are not wanting to trade with the US and are diversifying/not intending to come back.

[u/spidereater → u/bread-cheese-pan]

Yes. America had a privileged position as a default customer. They had a good bargaining position and probably got good prices by being a reliable customer. I know in Canada many products came to Canada after first being imported to the US. They have huge purchasing power and Canada would get the leftovers. Companies all over the world are working around America. Now when they are negotiating purchase they will not be in a strong position. Companies looking to import may find they are paying higher prices before they even pay the tariffs. Canada was selling oil to America cheap because getting it anywhere else would cost a lot. Once new customers are arranged the prices America pays will go up.

[u/bus_factor → u/spidereater]

canada and mexico have huge opportunities to become the new distribution centers in north america

[u/joebluebob → u/bus_factor]

From the gulf of Mexico

[u/Mundane-Shelter-9348 → u/bread-cheese-pan]

Putin’s plan to weaken his enemy works.

[u/zookytar → u/Mundane-Shelter-9348]

Oh, he's going to achieve his goal of destroying America. However, he has been focused so much externally and left Russia a shithole. Destroying the U.S. will probably cause worldwide economic problems and just drag Russia down further. This will not restore that once-great country.

[u/Mundane-Shelter-9348 → u/zookytar]

Russia can survive extreme times. When you don’t care about ur people it is way easier to survive.

[u/doriangreyfox → u/Mundane-Shelter-9348]

Capability to survive is not really anything to admire or strive for. Somalia also has survived extreme times but it is still a shit hole. Russia lost a lot of the few things still going for them in the last three years. They may exist but they will become more and more insignificant.

[u/kingmanic → u/[deleted]]

It's like brexit, they negotiated sweet heart deals. Then Rage quit them and now have to negotiate standard deals because they lost their leverage.

[u/Wonderpants_uk → u/kingmanic]

We seem to have learnt our lesson from Brexit (although we still have Farage hovering around like a stale fart). 

We (the entire rest of the world) still can’t quite believe that you went through Trumps first term and decided you wanted more of it, though.

[u/Bman10119 → u/Wonderpants_uk]

Its a major example of the deteriorating attention span. So many people forgot how bad trumps first term was after the relatively stable/boring biden term

[u/unknownpoltroon → u/Bman10119]

They didn't forget, it just didn't hurt THEM personally

[u/Over-Marsupial-3002 → u/unknownpoltroon]

maga's too stupid to interpret whether something's hurting them. these are just walking husks, drones like bees in a hive. the only way to fix this is to come up with a new "queen" and make the hive swarm. and even when they do swarm, they're still going to be stupid drones.

this is an issue that will take generations for the US to fix - if it even tries to fix the problem, which it probably won't. the US's time as leader of the world has ended.

[u/taistelumursu → u/Bman10119]

You don't even have to remember anything. He straight up said he is making US an authoritarian fascist shit hole. And people still vote for him.

[u/zookytar → u/Bman10119]

The propaganda apparatus is multi-tentacled and far-reaching. If we don't attack that, we will slip back quickly if we ever start to recover.

[u/RelentlessRogue → u/Wonderpants_uk]

Honestly, this is all still fallout from the September 11th attacks. Osama Bid Laden successfully radicalized enough of this country that it's destroying itself.

The ironic part is that the ones destroying it are doing so under a mistaken sense of national pride.

[u/zookytar → u/RelentlessRogue]

I personally trace it back to Newt Gingrich and his Contract on America (that typo is intentional). He really accelerated the practice of filthy politics at any cost.

[u/RecklesslyPessmystic → u/zookytar]

That was only made possible by Nixon's team of criminals conspiring and inspiring to create FoxNews and right wing radio to brainwash enough voters that their future crimes would not end up crushing their careers again.

Even Bush Sr. in his role as GOP Chair backed Nixon for as long as he could, then ended up having to pardon all the guys who ran Iran-Contra for him under Reagan's dementia-addled nose.

[u/humunculus43 → u/kingmanic]

Yeah I can see so many Brexit parallels

1) celebrate sticking it to the man

2) insist it’s a great idea

3) things go wrong but will get better

4) it was a good idea but it’s everyone else’s fault it’s not working

5) just ignore it and stop talking about it, pretending everything is ok

6) the odd good thing happens and it is celebrated as a success of Brexit

[u/F_A_F → u/humunculus43]

I don't know many Leave voters but I will be respectfully asking them how they feel about the new American trading relationship which we were promised would be better than being in the EU single market?

[u/HammerSpanner → u/kingmanic]

Pride comes before the fall, as they say.

[u/zookytar → u/kingmanic]

Brexit also had some rumors of Russian support. I'd not be surprised if it was true.

In 2016, at first I laughed at the UK accidentally voting for Brexit. My laughter quickly turned when we seemingly accidentally elected Donald Trump as president.

Now the U.S. will do as you say and more. America will far out-stupid the UK after all.

[u/Slappyfist → u/zookytar]

It was Cambridge Analytica, which was an American company.

There was Russia involvement as well but we've been dealing with their BS for centuries, what we were blind to was a cabal of unethical American million/billionaires infiltrating our media with machine learning propaganda that also used established Russian propaganda.

They've then aimed it themselves and see where that put them.

[u/Big_lt → u/[deleted]]

Funny part is a large portion of us who voted for Kamala are from the blue states. The blue states are the primary breadwinners in the US who have been supporting our idiotic neighbors for decades.

Even though we are less (in terms of EC voters) we create a majority of the US GDP.

Imagine if we cut off the bible belt from the US and made them free to do whatever they want with Texas. Outside of Texas, nothing of value would've been loss in a GDP sense

[u/catchemist117 → u/Big_lt]

the more I think about it, the more I want the bible belt to fuck off and do their own thing. They'll be a backwards ass nation that can't do anything.

[u/chubbybronco → u/[deleted]]

My wife is Ukrainian and I have family who didn't vote but always tell my wife "oh we feel so terrible about what's happening I hope your family is ok". 

It's so fake it makes me sick, they couldn't even bother doing something as simple as vote to keep the Russian puppet out of the White house. Hearing people's excuse why they couldn't be bothered to vote really raises my blood pressure. 

[u/HyperactivePandah → u/[deleted]]

Thanks for at least acknowledging those of us who voted against him, and continue to fight against him.

I know it's not easy for most people (understandably).

[u/nboro94 → u/bread-cheese-pan]

Canada's upcoming federal election in a few weeks is entirely about one topic, how do they decouple from the US as quickly as possible.

[u/phonartics → u/bread-cheese-pan]

why bother when the US has just demonstrated that apparently agreements and treaties carry 0 weight

[u/Flaky_Yard → u/Villag3Idiot]

That’s the bigger picture. Burning bridges with long term allies in Europe and trade deals won’t be easy to rectify in the future

[u/NonWiseGuy → u/Flaky_Yard]

People don't realize, this is exactly what Trump wants, early in his presidency - so he can destroy all the USA internal and previously independent institutions while he fixes his dictatorship. He really is going to undermine any shred of democracy America has left.

[u/Spiritofhonour → u/NonWiseGuy]

North Korea’s founder had the philosophy of Juche which remains its state ideology.

“Juche posits that a country will prosper once it has become self-reliant by achieving political, economic, and military independence.”

[u/kingmanic → u/Spiritofhonour]

The mass starvation is just an acceptable price other people can pay.

[u/weedful_things → u/kingmanic]

Mass starvation is an obvious sign of prosperity

[u/Greup → u/Spiritofhonour]

The red Khmers tried self-reliance too

[u/Dan1elSan → u/NonWiseGuy]

He is 78 mate and in bad health, in 4 years he isn’t going to be doing much dictatoring

[u/Drednox → u/Dan1elSan]

He's a narcissist who's deluded that everything will go his way. I'll admit that I'm pissed that he got to stay out of jail by becoming president again. And I'm not even American.

[u/Paizzu → u/Drednox]

It's sad that Trump is such a doughy fatass that he's highly likely to die from a coronary while seated on his golden toilet, but his economic policies have caused considerable damage that will outlast his pathetic 'legacy' for years to come.

[u/CrazyBowelsAndBraps → u/Dan1elSan]

The nearly century year old Pope just survived double pneumonia. These people have the highest level of medical treatment available to them. He could definitely croak tomorrow but I wouldn't be surprised if he's got another 5-10 years in him. Also wouldn't be surprised if they replaced him with an AI avatar.

[u/Shejidan → u/Dan1elSan]

That’s when the couch fucker takes over. Or someone worse.

[u/FlowersOfSin → u/Flaky_Yard]

Yup. It takes a lot longer to build a bridge than to destroy and then even if a new Liberal government comes in 4 years, the Republicans will blame them for not fixing the economy fast enough.

[u/xxearvinxx → u/FlowersOfSin]

I completely agree with this. I’m just hoping this administration is such a colossal fuck up that it damages the Republican Party for decades. Instead of the democrats being blamed for not fixing the economy fast enough, like they usually would be, I hope the voters will look back at this moment and go “yeah they aren’t fixing it fast enough but the Republicans completely wrecked it. Not making that mistake again”.
But that’s wishful thinking.

[u/Frozty23 → u/xxearvinxx]

I’m just hoping this administration is such a colossal fuck up that it damages the Republican Party for decades.

I thought the same after Bush2 and the lies that sold us into the war.

Then I thought the same after Trump1 and Covid.

Compare either of them, as an administration or as an individual, to Clinton or Obama, or even old Biden.

Fox News and right wing media has been spewing lies and propaganda for decades now. I had hoped that as older Republicans died off, the younger, internet-savvy people of the country would be smart enough to swing away from that constant deception. But now we have Joe Rogan and god knows what cancer is on Facebook and the like (reddit is my only social media, so I just don't know).

[u/nuadarstark → u/Villag3Idiot]

Noone will. Canadian relations are also completely ruined and the European ones will follow.

[u/Significant-Colour → u/Villag3Idiot]

That's on top on the recent announcement of cooperation between China, Japan, and South Korea.

Funny how Trump builds alliances! Almost as if he was trying to sabotage USA intentionally.

[u/paging_mrherman → u/Villag3Idiot]

Why would anyone if this shit happens every 4 years?

[u/hornwort → u/paging_mrherman]

You say that like Trump is going away in 4 years.

He told the populace they’d never have to vote again, and will be having a third term with or without the traditional electoral process.

This is what you people voted for.

[u/DoggoPlant → u/Villag3Idiot]

Pretty sure they’re going to with South Korea and Japan, hell maybe even Canada, if/when they do US is FUCKED even more than we are now

[u/Senior-bud]

This will be a huge hit to the soybean farmers in the us.

[u/MechMeister → u/Senior-bud]

And 90% of them probably voted for this. Ironically, it can be kind of a good thing because we don't have enough water to be exporting agricultural products

[u/picardo85 → u/MechMeister]

They will still grow it, let it rot in the fields or in barns and then bitch until they get a bailout

[u/Much_Guava_1396 → u/picardo85]

Trump doesn‘t give a shit about them. He already got their vote. They’ll get the middle finger.

[u/woakula → u/Much_Guava_1396]

PBS was reporting last Wednesday that because the farmers got bailed out in 2018 they are feeling peachy because they fully expect to get bailed out again this time around as well.

[u/Much_Guava_1396 → u/woakula]

Sounds a lot like socialism to me.

[u/Log12321 → u/Much_Guava_1396]

No socialism is only when people I don’t like or who aren’t me get help. When I get help it’s not socialism! /s

[u/app257 → u/Log12321]

This is very unfortunately incredibly accurate.

[u/haterofslimes → u/Much_Guava_1396]

The GOP does however give a shit that they vote for them in the future.

They will make sure to bribe them for their future votes.

[u/Throfari → u/picardo85]

Didn't USAID usually buy up a lot of production that was left over from different sectors within farming to send as aid as well? So they're getting a doublewhammy now that that is dismantled?

[u/talligan → u/Throfari]

They were the biggest buyer of US rice iirc

[u/shicken684 → u/talligan]

And Japan if I remember correctly. Even though they find it trash quality and only use it for animal feed.

[u/goldendildo666 → u/picardo85]

I don't see this administration bailing out anyone except other billionaire grifters

[u/guarddog33 → u/goldendildo666]

I mean when they did this in 2016 they put forward a $5bil (if I remember right) bailout for the soy farmers, so it wouldn't surprise me if they do it again. It'll cost the average taxpayer a couple hundred bucks

[u/EmpZurg_ → u/guarddog33]

How come we dont get anything when the gov. bails them out with our money? I know about the dairy subsidy and cheesegate, but where was the equavalent for financial and automotives? Wheres my bag of soy products??

[u/rayjay715 → u/picardo85]

Assuming there will still be money in the federal government by that point

[u/picardo85 → u/rayjay715]

There's always money in the banana stand, until the US treasury bonds get shit status.

[u/Justreading7575 → u/picardo85]

If I remember correctly, the banana stand burns down.

[u/Ellusive1 → u/Senior-bud]

Big win for Brazil and Canadian soy bean exports though!

[u/Senior-bud → u/Ellusive1]

Good point only 10% tariff on Canadian soybeans.

[u/Ellusive1 → u/Senior-bud]

They want byd to have access to Canadian auto markets. There’s room to negotiate, Tesla is massively shitting the bed in Canada.

[u/CanuckBacon → u/Ellusive1]

Exactly. Why would we (Canadians) want to buy cars from someone that said that Canada is not a real country and is influencing American foreign policy against us?

[u/xpen25x → u/Senior-bud]

a huge hit for everyone. rare earth minerals being refused is HUGE

[u/InquisitivelyADHD → u/Senior-bud]

Fuck em' most of those aggy fucks voted for this shit. Let them suffer the consequences of their actions.

[u/FlynnerMcGee]

I guarantee Australia knew this was coming when they offered the US a critical mineral deal recently.....which the US promptly rejected at the time.

[u/Curiosity-92 → u/FlynnerMcGee]

Nah we didn't, we paid so far 2 billion for US subs instead of french ones as part of AUKUS, most likely we get nothing.

[u/chase02 → u/Curiosity-92]

At least labor is now pushing to scrap it. About bloody time. Next we close pine gap, and the base in Exmouth. The US is a national security risk.

[u/nevergonnasweepalone → u/FlynnerMcGee]

We didn't offer a deal. A politician (Andrew Hastie) from the party which isn't in government and therefore has no ability to make the offer, said we should. That politician has been been heavily criticised.

[u/TheGOPisTheDeepState]

Trump Recession 2.0, GOP has caused 10 of last 11 recessions we’ve had since the 1950s. They are terrible for the economy.

[u/Schlonzig → u/TheGOPisTheDeepState]

This needs to be repeated louder:

REPUBLICANS ARE TERRIBLE FOR THE ECONOMY!!!

[u/DrManBearPig → u/Schlonzig]

R= Recession

[u/Illustrious-Dot-5052 → u/Schlonzig]

We can screech about this from the top of our lungs and it will still fall on deaf ears. Republicans have always been hopelessly stupid.

[u/k_ironheart → u/TheGOPisTheDeepState]

Trump Recession 2.0

This may very well turn into a Trump DEPRESSION. I don't think people appreciate just how terrible and disastrous this all is.

[u/LikeADemonsWhisper → u/k_ironheart]

Even the people who do understand simply cannot comprehend the suffering they shall endure.

[u/nuttininyou → u/TheGOPisTheDeepState]

Trump himself said in 2004 that democrats are better for the economy.

[u/hurrrrrmione → u/nuttininyou]

r/trumpcriticizestrump

[u/CanadianCompSciGuy → u/TheGOPisTheDeepState]

Super great for the tippity top of the ultra rich. Less so for those dirty working poors.

[u/Oerthling → u/CanadianCompSciGuy]

99% of the population.

From the POV of multi-billionaires, millionaires are poor people.

[u/guarddog33 → u/CanadianCompSciGuy]

Just you wait buddy, that trickle down is gonna be yuge!

/s

[u/Kurainuz → u/TheGOPisTheDeepState]

I feel you, here in spain our biggest recesion was caused because the equivalent of republicans created in their previous goberment an unsustainable real state bubble.

They also lied about our biggest terrorist atack being vasque people and not radical islamist.

And caused the biggest pro independence movement in catalonia ever due to their economic and represive policies

It has also been proven that their economic policies of austerity damaged the economy when it was recovering

And somehow boomers and the new far right kids say that the right brings stability to our country.

[u/epicfail1994]

I’m getting fucked over because of an absolute moron I didn’t vote for, great

[u/silverwolfe2000 → u/epicfail1994]

This is what it feels like to be Russian

[u/DrBix → u/silverwolfe2000]

That might be truer than we think...

[u/MarioLuigiDinoYoshi → u/epicfail1994]

Watch how zero effort to root out republican corruption happens when USA recovers many years from now. Zero responsibility zero accountability

[u/sigmoid10 → u/MarioLuigiDinoYoshi]

Bold assumption that they will recover. We are witnessing what it must have been like to be alive during the fall of Rome.

[u/Altitude528O → u/epicfail1994]

This orange idiot may cost me my job on Monday. An “all hands” meeting was scheduled. My job is heavily affected by tariffs and reliant on importing.

[u/Beneficial-Pitch-430 → u/epicfail1994]

Me too, and I’m not even in America.

[u/NefariousPhosphenes]

Not only did they hit back with retaliatory tariffs but they banned us from the resources we would need to manufacture items in the US. Pretty smart.

The US is going to get hurt pretty badly in all of this-once the ROW shores up their trade amongst themselves, they’re all going to be successful while the bully-country stagnates and falters. And since we instigated all of this, even when we get administration that wants to try and repair the damage, they’re going to be in for years and years worth of work…just to get to lower levels of trust and success than we started with.

[u/krodders → u/NefariousPhosphenes]

One of the issues is that governments around the world are now getting tired of the potential mad swings every four years. Dr Jekyll, Mr Hyde, Dr Jekyll, Mr Hyde. You sign an agreement, and four years later, someone wipes their ass on it.

There's no mechanism to guarantee continuity, and governments HATE instability. I suspect that markets are the same

[u/TwoPrecisionDrivers → u/krodders]

It’s hilarious that the solution is as simple as “Just don’t elect dumbasses”, and we can’t even manage that

[u/Significant-Colour → u/NefariousPhosphenes]

In the free and fair election of the people, the people decided to fuck around, and now they are finding out. (:

[u/zookytar → u/Significant-Colour]

The people who fucked around are not going to find our because Fox News, Sinclair, and other right-wing media controls their information intake.

[u/NefariousPhosphenes → u/zookytar]

They’re not going to find out immediately, but they’re going to find out when they’re laid off and everything’s prohibitively expensive from all of their winning and owning the Libs.

[u/olrg]

Seize control of key government infrastructure, forcefully eject the country from global trade, isolate, consolidate, and rule forever.

When they said they were winning, they weren’t lying. It’s just their end goal isn’t the same as ours.

[u/Significant-Colour → u/olrg]

Isn't that how The Handmaid's Tale story starts...?

[u/aceinthehole001 → u/Significant-Colour]

That's a bingo

[u/1r0n1 → u/Significant-Colour]

Under his eye!

[u/koryuken]

We are witnessing the fall of Rome in realtime.

[u/MyRealUser → u/koryuken]

And in 100x speed

[u/DrBix → u/MyRealUser]

No doubt. These next 1386 days is gonna suck.

edit 1385 days now

[u/SaintRanGee → u/DrBix]

Not that you're counting eh? Also, real question, you think he'll die/leave after that time frame, he already muses about more terms, it that something people take seriously?

[u/yung12gauge → u/SaintRanGee]

he's going to live long enough to try, i guarantee it. mean old bastards like him live forever.

[u/bobby_hills_fruitpie → u/koryuken]

Leave it to Trump to bankrupt the biggest casino ever known.

[u/ucfknight92]

I feel bad for the Democrat that has to clean up this mess, and then immediately be gaslit by the GOP for causing these issues.

[u/TaterThieff]

If you voted for this, fuck you.

[u/mrjackspade → u/TaterThieff]

If you didn't vote at all, fuck you.

[u/Meadhead81 → u/mrjackspade]

If you protest voted, fuck you.

[u/Malstrom42]

Oh joy

As a Canadian with a country sitting on rare earth metals and a very small army I'm super happy about this development

/

[u/kingtacticool]

China banning rare earth's is a super big deal

[u/apoplepticdoughnut → u/kingtacticool]

Yup. They don't just control their own mines, they have contracted mining rights in Australia and nigh exclusive access to rare earths in many African countries. US isn't ready to pick this fight.

[u/kingtacticool → u/apoplepticdoughnut]

They also control something like 80% of the global refining capability.

[u/sexylegs0123456789]

This presidency is what will solidify China as the global superpower. The United States forfeited nearly all of its soft power

[u/G0U_LimitingFactor → u/sexylegs0123456789]

Yup. Softpower takes decades to amass and cost billions. USA just wasted all of theirs for nothing.

[u/BoogieOrBogey → u/G0U_LimitingFactor]

Hey, 30% of American voters wanted this and another 30% didn't think the election was important enough to show up. I hope they're happy getting the exact economy they wanted.

While the 30% of us who voted for Harris get to be smug about being right.

[u/PandaPatrolLetsRoll → u/BoogieOrBogey]

But why can’t I just have good leadership instead of getting to be smug? I’d so rather just have good leadership :,(

[u/flac_rules → u/PandaPatrolLetsRoll]

Yeah, the feeling of being right about something shitty happening is a very limited comfort.

[u/MaybeTheDoctor]

So now Trump is force to go to war with Denmark over Greenland, or make a deal with Ukraine .... this cannot end well, because making a deal with Ukraine would be admitting he was wrong all along.

[u/Radiant-Bit-7722 → u/MaybeTheDoctor]

He will make a deal with Putin.

[u/Oberon_Swanson → u/MaybeTheDoctor]

Trump doesn't need to admit he was wrong to reverse course on something. He can just reverse course and say "wow did i say that before? i don't remember" and his fans will be like 'such a 4D chess head fake from Trump, can't believe anyone doubts this man"

[u/alimanski]

Rare earth minerals are crucial for the US military hardware. If Trump is gearing up for war with China, this was a very silly move to make.

[u/zookytar → u/alimanski]

But if he's looking to hobble the US military, this is not a silly move at all.

[u/individualine]

When you elect a felon with a bad business record what did you expect? Kamala called this catastrophe and we didn’t listen.

[u/ArenjiTheLootGod → u/individualine]

Kamala shouldn't have even needed to do that, we already had four years worth of examples of why he should never have been given real power again. Trump's return to office was enabled by a profoundly stupid and indifferent electorate. Yes, people who didn't vote last time, I am including you in this assessment.

Trump will never bring in the golden age he's promised, he is fundamentally incapable of that. In the span of weeks he's destroyed trust + institutions that took decades to build up, some of that is just not going to come back, and what does will take decades.

[u/slayer828 → u/individualine]

Whose we? A third of our country didn't show up, a third of us listened and voted for her, and the last listened to fox news lie.

[u/Muzzlehatch → u/slayer828]

The third that didn’t show up essentially voted for fascism.

[u/phreakstorm]

When the world starts rooting for China, you know you fucked up somewhere along the way…

[u/snotparty]

"China is panicking!!" uh... I dont think they are?

[u/zookytar → u/snotparty]

To be fair, I think almost everyone is panicking. Most Chinese exporters are probably having a cow. The Chinese government might not be panicking because they are being handed a huge opportunity.

[u/AccomplishedBother12]

An outright ban of rare earths is going to screw things up VERY quickly.

[u/mediumcups]

This is actually big.

This just kneecapped any efforts of bringing American manufacturing back.

China literally has all the cards in their hands.

[u/Significant-Colour → u/mediumcups]

I was doing some more reading:

China accounted for around 69% of the world’s production of rare earth ores in 20234. Far behind are the United States (12%), Burma (11%) and Australia (5%). Once these ores have been extracted, they need to be processed to separate, purify and refine each of the rare earths. However, China is the only country that carries out all these stages, with Australia and the United States selling some of their semi-processed ores back to China to complete the refining! China thus produces 85% of the purified light rare earths used worldwide, and 100% of the heavy rare earths.

https://www.polytechnique-insights.com/en/columns/geopolitics/china-has-a-monopoly-on-rare-earths/

Yeah. All the cards.

[u/giannistainedmirror]

China is not selling tik Tok to the US

[u/Individual_Breath_34 → u/giannistainedmirror]

Selling your most well known soft power tool to your imploding adversary would be a bad move

[u/zergling- → u/giannistainedmirror]

Why would they? 1. They will never admit to using it to spy 2. Selling it would help Trump politically

[u/Ok-Biscotti-4311]

It’s gonna get so bad

[u/Mijbr090490]

As an American, this is really bad. It's bad for the rest of the world, but the rest of the world hasnt burned all its bridges. Between Ukraine and the economy, trump is doing a terrible job.

[u/roderik35]

We will see a massive capital flight from the US.

On the other hand, sneaker production will move there from Vietnam. Keep winning!

[u/jankyt]

Rare earth exports is a huge problem for the USA. Until they strip mine the ocean floor

[u/FlopsMcDoogle → u/jankyt]

Trump will just invade Greenland, don't worry.

[u/1337498124819 → u/FlopsMcDoogle]

And while they will take a decade to establish mines in a country with temps below -60C and get people to actually work there, the industry reliant on those elements is long dead.

[u/Due_Willingness1]

Good, make it hurt. It's the only way these redhats will learn

[u/nim_opet → u/Due_Willingness1]

They didn’t learn the last time

[u/guarddog33 → u/nim_opet]

Exactly this. During the 2016 term tariffs were passed on China and when they counter tariffed it brought the soy bean industry to its knees and we had to pass a bailout for them that cost the average taxpayer about 500 bucks

They didn't learn then and they won't learn now

[u/KareenTu → u/Due_Willingness1]

They’ll never learn. They’ll always find ways to defend their Dear Leader.

[u/capt1nsain0 → u/KareenTu]

Look at the Bible Belt. Those states have been super red for decades now. They lead the U.S. in all horrible statistics, such as low education, infant deaths, murders, and poverty. They haven’t learned or changed for it.

At least they aren’t woke though. That’ll show us.

[u/MagicMarshmelllow]

This is why Trump wanted that Ukraine agreement so bad. 100% his analysts saw this coming or at the very least expected it.

[u/accuratelyvague → u/MagicMarshmelllow]

Looks like Ukraine is holding some cards.

[u/Odd_Perfect → u/accuratelyvague]

He’s gonna team up with Russia to invade them

[u/JPop09]

The worst part for the US is that Trump is literally destroying the country, but he's so old that he likely won't even see the repercussions. He'll (hopefully) be out of office in just under 4 years when he's 82, and for a man living off big macs and cola, I don't think he's gonna see much more than that.

[u/Everythings_Magic → u/JPop09]

Keep talking. I’m almost there.

[u/theSentry95]

US is cooked and served with fried rice and spring rolls.

[u/Oceanbreeze871]

So much winning

“The Ministry of Commerce for the People’s Republic of China is sanctioning the following materials: samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium. Although these resources aren’t widely known to the public, they’re crucial for producing some of our most advanced technologies. For example, some of these materials are used in the magnets found in the motors of electric vehicles, while others are used for creating superconductors. Some are also used in storage media to improve efficiency and performance, and several more are found in nuclear reactors.”

[u/AnalogFeelGood]

The USA is literally creating its own worst nightmare; A world moving forward without it.

[u/RedBMWZ2]

Trump is going to destroy the American economy to the point where it won't recover in our lifetimes, if ever. Good job MAGA. Have the day you voted for!

[u/alexfi-re]

Things were still improving through last year and would have this year if the people didn't elect the rapist, he told you, and we told you about project 2025 and all the damage they planned. I guess some people are happy about it.

[u/National-Charity-435]

So Ukraine is the next best source for rare earth metals and the mango menace wanted half. russia wants all.

Going to be hard to keep up manufacturing of sophisticated technology without these semiconductors materials.

[u/Accomplished-Sun9107]

On a scale of 1 to fucked.. this will end catastrophically for one side. The ones with a metric ton of morons who voted for spite and malice because it was like looking in a mirror.

[u/BSBDR]

That's 72% of the US markets for rare earth......

[u/Potential_Kangaroo69]

Sir Trump and the Tariff Decree

Sir Trump declared with a mighty cheer,
“No more cheap goods from far and near!
A tax on steel! On wine! On cheese!
We’ll bring the world right to its knees!”

The merchants gasped, the farmers cried,
As soybeans sat and deals all died.
He wagged his sword at China's gate—
“Trade wars are fun! Just watch me inflate.”

The lords all grumbled, trade did stall,
But Trump just built another wall.
And though the tariffs came and went,
His tweets remain—our punishment.

[u/SaltyMove5798]

Lmao trump takes another L, when will it end

[u/Strange-Bill5342]

China should nationalize Elon’s factories

Not that china wants inferior technology because Tesla is hot garbage compared to BYD but it would royally fuck over the shadow dork running the country.

[u/pennylanebarbershop]

even if Beshear wins in 2028 and reverses this mess, the rest of the world will realize that a MAGA replacement will probably win in 2032- The U.S. is fucked.

[u/naramri]

This is what I don't understand; what does Trump think he's going to rule over, once the US economy, infrastructure, social systems, government services, etc., are burnt-out piles of wreckage? It's insane and delusional.

[u/korik69]

All of this BS leads to one outcome World War 3. Trump will back us into a position where he feels justified in lashing out at one of the countries he keeps threatening, he will use the financial destruction he's created to push his agenda for taking over Greenland, fighting Canada or war with Iran but because of his use of distraction politics there will be a war and the worse our economy becomes the closer we will get to war.

[u/Ironvos]

These are weird times, but somehow i feel like China will be fine in the long run, they actually know what they are doing compared to the idiots that are currently running the US.

[u/AileStrike]

Doesn't China control like 90% of the rare earth deposits around the world. 

Yea, good luck making chips with that brand new megafactory with no supplies.