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TACO Trump rolls over

JohnD

JohnD

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Who could have seen that coming?

"I can’t get no escalation

For a soi-disant artist of the deal, Trump is pretty bad at game theory. Beijing’s export control announcement on Thursday was clearly an exercise in teeth-baring ahead of the Xi-Trump meeting, following its recent boycott of US soyabean exports. Trump losing his rag showed he didn’t understand what was happening.

By Sunday, the US president was sounding much more emollient and it was pretty clear who had the upper hand. Trump’s trade representative, Jamieson Greer, admitted that Beijing “deferred” when Washington called to ask what was going on. For its part, China didn’t yield at all, saying on Sunday it was prepared for a trade war if necessary and accusing the US of a double standard for unilaterally imposing its own controls."

FT.com
 
"Here’s the US’s problem, though. Xi can promise what he likes at the meeting: resuming the procurement of American soyabeans, pretending to buy more (as he did in Trump’s first term), presenting Trump with a smoking monkey, or whatever. But unless the White House and its dwindling number of allies develop their own rare earth supply chains, the US will always be vulnerable."

"Beijing’s announcement showed the vast leverage it has via its monopoly on rare earths extraction and refining. The controls affect China-produced minerals anywhere in the world, even in tiny quantities and for products sold between countries outside China. As the Financial Times story linked above notes, even US AI chips made in a US factory sent to a US AI laboratory would need China’s permission. Eek.

"A quick recap: China has periodically imposed rather weak export controls on rare earths for decades. Until now, they were undermined by smuggling and production elsewhere. The measures announced in April were much more serious, involving so-called heavy rare earths, the ones skulking down the bottom of the periodic table. No other country really produces them, and in China they’re made by state-owned companies whose sales can be strictly monitored."
 
SPLINE said:
What is all that in English?
Click to expand...
It means that Trump is a loud-mouthed dummy who does not understand international trade, or tariffs, or international treaties, or negotiation between equals or with a more powerful partner.

None of that should come as a surprise.
 
Trump can carry being a dikhed, for all I'm concerned. The VEIL shares jumped again over the weekend.
That's over £4,250 gain on £10,000 worth of VEIL shares in just under 5 months.
luvly jubbly.

Trump's zany tariff policies are affecting the whole of SE Asia, for the better.
 
Highway Man said:
I could understand it, I couldn't understand Notch saying to Spline it is above his paygrade though, you lefties are so patronising and your arrogance is just appauling.
Click to expand...
Spline isn't here for anything other than trolling.

Im sure he could understand it, so I still don't see your point.

Oh and I'm not a lefty, not that it's that much of an insult. Much better to be left than farage fodder. But I'm pretty central, I don't like either extremes.
 
carmanmemoranda said:
Spline isn't here for anything other than trolling.

Im sure he could understand it, so I still don't see your point.

Oh and I'm not a lefty, not that it's that much of an insult. Much better to be left than farage fodder. But I'm pretty central, I don't like either extremes.
Click to expand...
Oh dear you seem a little on edge.
 
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