TRADE HARDBALL: CHINA THREATENS TO CUT OFF US SUPPLY OF RARE EARTH ELEMENTS | WHAT REALLY HAPPENED


TRADE HARDBALL: CHINA THREATENS TO CUT OFF US SUPPLY OF RARE EARTH ELEMENTS

SOURCE: MIKE MISH SHEDLOCK
China produces 80% of the world's rare earth elements. They are used in weapons, cell phones, hybrid cars, and magnets.

China does not have the means to match the US in the total number or amount of tariffs. But China can strike back in other ways. One critical way would be to cut off the US supply of rare earth elements.

Bloomberg reports Xi’s Trip to Rare-Earths Plant Stokes Talk of Trade Retaliation

Shares in JL MAG Rare-Earth Co. surged by their daily limit Monday after state news agency Xinhua said the Chinese president had stopped by the company in Jiangxi. Official news outlets give regular updates on the whereabouts of top leaders, sometimes leading to share spikes on the belief that companies have been handed official backing.

The U.S. relies on China, the dominant global supplier, for about 80% of its rare earths imports. Xi was accompanied on the trip to JL MAG by Liu He, the vice premier who has led the Chinese side in the trade negotiations.

Webmaster's Commentary: 

Mr. President, a word, please; the continued lack of availability of these rare earth elements, will be a bitter pill to swallow by those manufacturers who truly believed that you were going to "Make America Great Again", this time, in the manufacturing sphere.

With the agricultural tariffs, you have already bankrupted American farmers, to nearly the point of utter financial collapse, and sometimes, suicide.

WISCONSIN FARMER TELLS FOX NEWS SUICIDES, BANKRUPTCY RISING IN RURAL U.S. AMID CHINA TRADE WAR

Your attempts to anger China into submission, rather than create a win/win environment in which these trade matters could be reasonably resolved, are hurting your base enormously.

The Chinese culture, even though the Chinese people identify as Communist, at this point in the 21st century, have always been a mercantile people, wanting to trade for reasonable profit.

And if their "unreasonable demands" have hurt the American economy in some way for some time, is there no "gradual" way of reversing this, in the spirit of sweet logic and reason?!?

I would like to hope there would be; because, sir, living on a first-strike target here in the middle of the Pacific, my worst nightmare would be that if a shooting war between the US an China happens, Oahu would be taken out very quickly, due to the number of military bases clustered here on Oahu; these are no secret, sir: they can be viewed on
tripadvisor.com, just where I found them.

Attractions/Activities on Oahu

And Mr. President, if real, moral, reasonable negotiations are not your quite forte, I would respectfully suggest you outsource these to someone from your administration who can "cage the rage, and engage" China in these negotiations, and get them the heck back on track; because President Trump, to an impartial observer, they appear to be absolutely off the tracks right now.

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