Trump cited export controls that China imposed on rare earths from that country. Trump also threatened to cancel his upcoming meeting with Chinese President Xi Jinping because of the dispute.
🙄 …because that tactic has been working out so well thus far. Pretty convinced it’s the only international political strategy he knows in addition to bombs.
To be fair, the tariffs are having their intended effect. They’re working quite well for the ultra wealthy for whom they were designed. The inevitable financial fallout is a problem for the future, but it doesn’t really matter because workers and consumers will be left holding the bag as usual.
Soooo, higher taxes, got it.
Oh, no no no! This will go toward lowering taxes! (Terms and conditions may apply)
I’m convinced by this point he does not know what that word means but his people cheer when he says it.
It’s okay. The think tanks, megadoners, and PACs with their arm up his puppet sleeve definitely know how tariffs work.
“Some very strange things are happening in China!” Trump wrote in his Truth Social post.
“They are becoming very hostile, and sending letters to Countries throughout the World,
Wow, that’s crazy. What kind leader sends threatening letters to all their trade partners. Definitely not something that Dear Leader Trump would ever do.
Does he actually not remember he tried this less than 6 months ago and already had to back down?
I’m not convinced he remembers what he had for breakfast. Dementia is rough man.
Remember when they were called “rare earth metals” before he called them “rare earths” in a demented stupor that one time. And now it’s just accepted terminology. I hate my country
The term “rare-earth” is a misnomer, because they are not actually scarce, but because they are only found in compounds, not as pure metals, and are difficult to isolate and purify. They are relatively plentiful in the entire Earth’s crust, but in practice they are spread thinly as trace impurities, so to obtain rare earths at usable purity requires processing enormous amounts of raw ore at great expense.
Basically the whole thing has always been a misnomer. They arent rare, nor are they found as metal naturally. But I suppose rare earth elements or metals sounds better than “abundant but hard to find rock thingies”
TACO
