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Trump vs China (lemmy.ml)
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[-] ryannathans@aussie.zone 217 points 2 months ago

Everyone is somehow missing China cutting off rare earth metals the US relies on for technology and defense

[-] DoubleSpace@lemm.ee 159 points 2 months ago

It wasn't just stopping exports to the US, they've stopped exporting rare earth elements worldwide starting yesterday. Plus, they are starting to unload billion of debt we owe them. It's almost as if Trump is intentionally trying to destroy our country in the morning, and then later in the day he wants to be the bully negotiator without understanding his precarious position.

[-] Aqarius@lemmy.world 57 points 2 months ago

You remember r/shitamericanssay? Last time he won, there were a lot of people talking about stuff Europe has but America doesn't, and, if you browse the posts there, a lot of Americans responding how Europe is backwards, in the stone age, and what they do have is paid for by America, out of benevolence.

Well, those folks are in charge now.

[-] null_dot@lemmy.dbzer0.com 20 points 2 months ago

There wouldn't be much point merely stopping export to the US because some other country could just on-sell to the US.

He really doesn't understand his precarious position and the harm he has done and is doing.

[-] Venus_Ziegenfalle@feddit.org 7 points 2 months ago

That's gonna tank the dollar hard

[-] ExtantHuman@lemm.ee 10 points 2 months ago

Yeah USD is down 3% for the week. 8 for the year

[-] Bloomcole@lemmy.world -2 points 2 months ago

Sounds good to me

[-] Wilco@lemm.ee 22 points 2 months ago

This is how the CoD storyline started.

[-] ArchmageAzor@lemmy.world 13 points 2 months ago

I think the story here will go very differently now that the US army can't ensure it's exclusively pro-US.

[-] CalipherJones@lemmy.world 8 points 2 months ago

I'm realizing the structure of our supply chains is not common knowledge at all. Basically everything has a part from China. That and plastic.

[-] Mossheart@lemmy.ca 3 points 2 months ago

Canada didn't. It'd be a primary reason for the US to go stupid and try invading us, we're a much closer source of rare earths.

[-] ryannathans@aussie.zone 1 points 2 months ago

Australia is the only other major exporter, apart from China, at 15% of global supply. I have never heard of Canada producing significant quantites?

[-] Mossheart@lemmy.ca 3 points 2 months ago

Lot of discovery going on but not a lot of production yet but is estimated to be done of the largest reserves globally. The fact the minerals are here gives these idiots one more reason tokeep pushing this 51st rhetoric.

https://natural-resources.canada.ca/minerals-mining/mining-data-statistics-analysis/minerals-metals-facts/rare-earth-elements-facts

[-] ryannathans@aussie.zone 2 points 2 months ago

Oooo that's good to know

this post was submitted on 15 Apr 2025
1687 points (99.4% liked)

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