China decides to impose a 25% punitive tariff on 106 items U.S. goods (worth US$50 billion in total)

[AndrewJin]

Target red states first, nice move.
American states have different interests.

 

[Adam WANG SHANGHAI MEGA]

I would have slapped on a tariff higher than 25% (perhaps 40%) just to play hardball with the US!

Me too,I think China gov is too weak it should be 1000% on all americain products!!!

 

[AndrewJin]

Trump will lose its next election.

 

[atan651]

What are you waiting for?

We want US to feel the pain and die slowly.

 

[cirr]

The US enjoys a huge trade surplus in services.

Sitting target.

 

[war&peace]

Lol! A 25% car tariff on top of an already existing 25% car tariff? The irony of THEM complaining about tariffs!

Mate, irony is that you don't realise who initiated the war?

 

[Adam WANG SHANGHAI MEGA]

Chinese officials have repeatedly stated that China "will take all necessary measures to resolutely defend its legitimate rights and interests." "We do not rule out any options."
I believe that the Chinese government has already planed to ban companies such as Apple Inc., Microsoft Corp., General Motors Corp., and Cisco Inc. from conducting operations in China! ! !

 

[neem456]

That's why I'm happy that Asia is rising. It is unfortunate that we have some traitors and slaves of the west .

Exactly the ones who facilitate americans to occupy neighbouring muslim country. They are so shameless to the extent that they did not hesitate to allow americans to fly drones on their heads to kill their own citizens. lanat

 

[cirr]

China’s secret trade war option: A rare earth embargo

April 4, 2018 By News Team

With the potential for an expanded trade war with China, the U.S. needs to consider some of the less obvious economic and national security risks that could come into play. China holds a secret weapon that could cripple us instantly. Let’s call it, Trade War Option “57 – 71”.

The chemical elements on the periodic table with atomic numbers 57 through 71 make up the critical elements called rare earths. Two more, Scandium and Yttrium, reside elsewhere on the periodic table and complete the group.

The U.S. is 100 percent import-dependent on all of these critical defense materials and 100 percent import-dependent exclusively on China for these materials after they are processed into metallic form (the state required for most technology and defense applications).

Rare earth metals are so critical and in so many defense components for guided missiles, smart bombs, targeting lasers, sonar, radar, night vision and high temperature resistant metals for military jet engines, that if China cut us off, the U.S. could not replace or build most of our advanced weapon systems.

These materials are also found in smart phones, small electric motors, sensors and catalysts in automobiles, computers, commercial aircraft and most green technology. If China embargoed these materials the U.S. would be forced to shut down all or most of our nation’s technology manufacturing assembly lines.

This single category of imports, with a global resource value of about $3 billion, becomes an essential input to about $7 trillion in value-added goods on a global basis. The U.S. controls zero.

How did we get into this precarious position?

The most recent 2016 Government Accounting Office (GAO) report called China’s monopoly on rare earths a “bedrock national security issue,” and back in 2010, the GAO warned Congress that it could take up to 15 years for the U.S. to re-develop its own rare earth supply chain. Still, Congress failed to act.

This history of neglect goes all the way back to 1993 when Congress allowed the sale of America’s leading rare earth magnet company, Magnequech, to China via a straw-man transaction that was linked directly to the family of Deng Xiaoping, the former Premier Leader of China. The Indiana-based company produced nearly all of the rare earth magnets for our guided missiles and smart bombs, but Congress chose to ignore the warnings of Pentagon experts like Peter Leitner and let the sale proceed.

With Trump’s Trade war looming and sabers rattling from the White House Executive Office, there is no doubt that China is mulling over its options. What’s very clear, is that “Option 57 -71” could be unleashed on us any time.

While Trump’s trade dispute with China is certainly legitimate, this administration had better have something in place if it’s going to continue to push forward unless it is prepared to back down and concede everything to China.

Unfortunately, the biggest risk to launching a trade war against the People’s Republic of China comes from the most obscure of imported goods.

http://energymetalnews.com/2018/04/04/chinas-secret-trade-war-option-a-rare-earth-embargo/

 

[AndrewJin]

China’s secret trade war option: A rare earth embargo

April 4, 2018 By News Team

With the potential for an expanded trade war with China, the U.S. needs to consider some of the less obvious economic and national security risks that could come into play. China holds a secret weapon that could cripple us instantly. Let’s call it, Trade War Option “57 – 71”.

The chemical elements on the periodic table with atomic numbers 57 through 71 make up the critical elements called rare earths. Two more, Scandium and Yttrium, reside elsewhere on the periodic table and complete the group.

The U.S. is 100 percent import-dependent on all of these critical defense materials and 100 percent import-dependent exclusively on China for these materials after they are processed into metallic form (the state required for most technology and defense applications).

Rare earth metals are so critical and in so many defense components for guided missiles, smart bombs, targeting lasers, sonar, radar, night vision and high temperature resistant metals for military jet engines, that if China cut us off, the U.S. could not replace or build most of our advanced weapon systems.

These materials are also found in smart phones, small electric motors, sensors and catalysts in automobiles, computers, commercial aircraft and most green technology. If China embargoed these materials the U.S. would be forced to shut down all or most of our nation’s technology manufacturing assembly lines.

This single category of imports, with a global resource value of about $3 billion, becomes an essential input to about $7 trillion in value-added goods on a global basis. The U.S. controls zero.

How did we get into this precarious position?

The most recent 2016 Government Accounting Office (GAO) report called China’s monopoly on rare earths a “bedrock national security issue,” and back in 2010, the GAO warned Congress that it could take up to 15 years for the U.S. to re-develop its own rare earth supply chain. Still, Congress failed to act.

This history of neglect goes all the way back to 1993 when Congress allowed the sale of America’s leading rare earth magnet company, Magnequech, to China via a straw-man transaction that was linked directly to the family of Deng Xiaoping, the former Premier Leader of China. The Indiana-based company produced nearly all of the rare earth magnets for our guided missiles and smart bombs, but Congress chose to ignore the warnings of Pentagon experts like Peter Leitner and let the sale proceed.

With Trump’s Trade war looming and sabers rattling from the White House Executive Office, there is no doubt that China is mulling over its options. What’s very clear, is that “Option 57 -71” could be unleashed on us any time.

While Trump’s trade dispute with China is certainly legitimate, this administration had better have something in place if it’s going to continue to push forward unless it is prepared to back down and concede everything to China.

Unfortunately, the biggest risk to launching a trade war against the People’s Republic of China comes from the most obscure of imported goods.

http://energymetalnews.com/2018/04/04/chinas-secret-trade-war-option-a-rare-earth-embargo/

Lots of possible strategies.

Soy and meat to harm Trump's red states, bonds and rare earth to harm USA as a foreign nation on the stolen land.

 

[Hamartia Antidote]

Mate, irony is that you don't realise who initiated the war?

The irony is they are complaining about ridiculous tariffs imposed on them by the US.

 

[atan651]

I have for so long advocated a complete moratorium of rare-earth export to the US. This will undoubtedly ruin some if not all of their high-tech industries. China too can play hardball with those Nazis in the White House.

 

[Vapnope]

Exactly the ones who facilitate americans to occupy neighbouring muslim country. They are so shameless to the extent that they did not hesitate to allow americans to fly drones on their heads to kill their own citizens. lanat

Beta, Stop cheer leading for Americans.
Aren't you the one laughing at earlier Chinese punitive tariff saying $3 billion is peanuts? Now sit on a banana tree and enjoy the show.

 

[Jungibaaz]

Two pretty important rules of governance that Trump should learn, the first is that no good can come of a trade war in this day and age, the second is even simpler; don't piss off your creditors.

 

[powastick]

The US enjoys a huge trade surplus in services.

Sitting target.

Students and tourist?