"They are becoming very hostile, and sending letters to Countries throughout the World, that they want to impose Export Controls on each and every element of production having to do with Rare Earths, and virtually anything else they can think of, even if it's not manufactured in China. Nobody has ever seen anything like this but, essentially, it would clog the Markets, and make life difficult for virtually every Country in the World, especially for China."
"There is no way that China should be allowed to hold the World captive, but that seems to have been their plan for quite some time, starting with the Magnets and, other Elements that they have quietly amassed into somewhat of a Monopoly position. But the U.S. has Monopoly positions also, much stronger and more far reaching than China's. I have just not chosen to use them, there was never a reason for me to do so UNTIL NOW!"
President Donald Trump posted on Truth Social accusing China of attempting to impose export controls on rare earths and virtually every element of production, sending letters to countries worldwide. He warned such controls would clog markets and make life difficult for nearly every country, including China. He asserted U.S.-China relations in his second term were good despite tariffs, claimed China holds a monopoly on certain materials like magnets and elements, and vowed reciprocal U.S. actions using American monopoly positions. He said a detailed, multi-page Chinese letter lists elements to be withheld and that he may skip a planned APEC meeting with Xi.
Read at www.mediaite.com
Unable to calculate read time
Collection
[
|
...
]