China imposes export controls on 12 out of the 17 rare earth minerals. And for many of those, China controls 85-99% of the world’s supply. Huge leverage over Trump in trade negotiations.

https://i.redd.it/ss7lwgm3nhuf1.jpeg

by wakeup2019

40 comments
  1. Wonder what these particular minerals are used for….anyone got an article with a super quick run down?

  2. Thanks to Trump. I don’t think anywhere in the world would have anyone sympathize the US.

    Most likely they are getting popcorns and watching how the show unfolds.

  3. I’m excited to see how badly Donnie Diddler gets worked on this next round of negotiations

  4. He’ll have to play his Trump card and refuse to sell them American soy. . .

  5. Hmmm, guess we’re going to have another Vietnam War…

  6. “But no Drag Queen Storytime at the ICE facilities, so who cares? He’s owning the libs & that’s all that matters to me. So, whats this about my new iPhone costing $4,000.00 & carrots costing $10.00 per pound? “

  7. This feels like the kind of thing wars start over. The shooting kind.

  8. A 12 year old has leverage over trump just by being smarter.

  9. Trump is playing go-fish and everyone else is playing high stakes poker yet again

  10. Really “rare earths” aren’t so rare, they just exist in low concentrations around the world.

    China has the largest supply because they’re willing to do crazy shit [like this](https://maps.app.goo.gl/RQmDQqVJ61ongN9b7?g_st=ipc) (change to satellite)

    That’s a 4km across liquid industrial waste dump from the rare earth refiners and steel mill. No clay base lining to prevent groundwater contamination , no dust management for the city of 2 million downwind and constant expansion due to global demand.

    It’s done here because it cheap and because they don’t give a fuck.

  11. They control supply because China was out making allies in Africa while the US was busy pushing all of its allies away.

  12. The issue isn’t that the rest of the world lacks its own supply. The real problem is that we never allowed our industry to develop and mature enough to extract and manufacture it domestically. By permitting one country to monopolize, we weakened ourselves, all under the pretense of supporting free trade / Open economy. `

  13. Its ok! Because their not white, so in essence Trump and America will win and are so much better!!

  14. Just curious. How is this export control any diff from what US is doing with chips?

  15. Too bad they’ll never control the US’s main rare earth export, stupidfuckium

  16. Exactly. If there are new mines financed to develop new sites, China will flood the market, bankrupting the mining companies.

  17. so can we get these materials in europe or are we also blocked from importing them?

  18. It’s only leverage if the opposing side thinks it’s leverage. Trump is far too stupid to understand.

    Or worse, he thinks this is how you hurt everything that doesn’t run on fossil fuels.

  19. It has huge leverage over rare earths, it has leverage over farm exports and also seems to have had some success in diverting export markets.

    I would put high odds on trump caving to at least the basic freedom day tariffs, relaxation of export controls, and maybe a much better price for TikTok. I think that Trump will have to see some apparent progress on the TikTok deal to save face, but it will be a bit of a sham.

    we may also see some relaxation of the EV tariffs.

  20. We want the latest technology but we want clean air and clean water. We want to go to China, China, cheap stuff, cheap stuff, cheap stuff, China, Taiwan, China, Taiwan os and now China has us by the balls.

    We need to start digging for our own minerals. We have some we have enough to do it. It does not take that long to build factories to process this stuff either.

  21. The solution is to spend lots of money to build mines elsewhere and then spend more money on the materials.

    Oh yea also for 5 years wile the mines gets built the minerals will have to be bought from 3rd countries at a mark up.

    Maybe make a deal lol

  22. – in past history, China had things that the west wanted, tea and porcelains. But China has limited trade. Opium war and later, scramble for China, they got what they wanted.
    – The US (and West) has restricted access to high end semiconductor manufacturing equipment and also the most advanced computer chips.
    – China has been working on creating chip manufacturing capabilities domestically.
    – The new REE restrictions put in by China, what would be the reason?

    – China is confident with progress they made in the efforts and now trying to hinder the west.
    – or perhaps they hit the wall in their efforts and try to use the restrictions as a bargaining chip.

    – Any deal made would be temporary. China once extracted needed technology from ASML, etc will try to wean off foreign companies. The US and its allies will try to set up an independent supply chain to remove the critical dependence.

    – Another approach for the West is to recreate the Scramble for China.

  23. China should just impose a 500% Export Tariff on Rare Earth Materials to all NATO member countries!

  24. That POS is a disaster. He knows JACK Shit about economics, diplomacy and other Cultures. They really could send us to a quick DEPRESSION.

  25. Not pictured: indium, hafnium, gallium, and other metals and byproducts that are *critical* to the production of the newest, cutting edge semiconductors and GPUs driving global AI advancement. China mines it (or owns who mines it), Taiwan manufactures, America has exclusive purchase rights on much of it. 

    Changes to exports would have very real implications for war in the Pacific.  

  26. 4D Chess by a dementia riddled middle schooler. Not gonna turn out too well for us.

  27. Keep seeing the word “supply” which I think is a bit misleading. They have the extraction and refining. Countries like Canada have significantly larger reserves.

  28. Trump is an idiot, but we also need to distance ourselves from China. China unilaterally imposed a rare earth embargo on Japan when a territorial dispute arose in 2010. We should not depend on them.

    By the way, Japan used to depend on China for 90% of its rare earths, but now that number has dropped to 50%.
    Japan is also developing ways to reduce its consumption of rare earths.
    America could do the same.

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