But. China will have access to the machines to build the chips. There are export controls on them.
Correct.
But. China will have access to the machines to build the chips. There are export controls on them.
It sounds like the US has agreed to relax these export controls in return for China issuing permits for rare earth materials that withheld would have idled multiple different American industries and soon. The Chinese students thing is just cover.
Tried to find the agreement. But have not
But this would surprise me
They are the only ones that invested in the whole production chain. 85% of global refined light rare earth and 100% of global refined heavy rare earth are produced in China.What are these rare earths that we need for cars??
Wasn't MTG talking a bunch of nonsense that we have our own rare earths that we can mine for??
What are these rare earths that we need for cars??
Wasn't MTG talking a bunch of nonsense that we have our own rare earths that we can mine for??
Already went up to $1.25 a couple years back. Two Dollar Tree?55% tariffs on Chinese goods or am I reading that wrong?
Dollar tree needs to become Dollar and a Half and a nickel tree??
Already went up to $1.25 a couple years back. Two Dollar Tree?
They are the only ones that invested in the whole production chain. 85% of global refined light rare earth and 100% of global refined heavy rare earth are produced in China.
The markets make no sense:
1. No trade deals
2. Tariff increase on just about everywhere
3. Money outflow from US increasing.
4. Bond market in turmoil
5. Companies laying off workers en masse
6. Cooked unemployment numbers
7. Big Beautiful Trainwreck incoming
A meteor is going to hit the US so we're bullish and pushing for all time highs??
Anyone got an idea wtf is going on??
Yeah, because good luck staying competitive on the global market if all imported goods/materials from China has a 55% tariff compared to a competitor which don't.So... can we resume the current points they got...
USA: gets Chinese goods, but cost 55% more
China: gets the semiconductor tech, still, can finally reach EUV an even more, can sell more stuff to USA?
So... USA gets fked?
Yes, that number is correct. I've been getting a few emails from companies to buy before they increase prices. Pre-tariff inventory burn down is coming and then everybody gets to pay more. Big companies are just gonna price their way out of it, lots of small biz is fuuuuuuucked.
That awkward scenario where you are unsure of whether to root for tariffs to continue to be an anchor (somewhat ) on his approval ratings or cheer for tariffs to be peeled back, economy roars back to life and all is forgiven by the electorate.
Trump quitting tariffs is probably on the level of me quitting like whiskey or breathing. Technically possible but does not seem very probable in the near future. That man loves tariffs more than his children, an admittedly low bar.
Inquiring minds wanna know.. scotch
bourbon
japanese
or canadian?
Oh any Tennessee whiskey? Jack perhaps??
friends don't let friends drink charcoal filtered whiskey. NCF all the way!Oh any Tennessee whiskey? Jack perhaps??
TACO all day. Until he starts to prohibit tacos like China did with WinnieTrump tariffs live updates: Bessent suggests pause extension, US-China trade framework takes shape.
So, TACO (insert day of the week) then.
Damn orange syphilitic moron.
Jack Daniels Single Barrel Barrel Proof in both offerings are excellent IMO. JD 10 and 12 year also good but harder to find. Never got a taste for Dickel really but it's polarizing.
The reprieve on export licenses for Chinese rare earth materials is only good for six months.
https://www.reuters.com/business/au...earth-export-licenses-wsj-reports-2025-06-11/
Odds are the Chinese will extract more concessions from Trump on a regular basis.