How many small countries really have a need for large amounts of rare earth elements when they have no manufacturing to speak of. Countries like those in the Himalayas, countries reliant largely on agriculture, countries inhabited by polar bears and penguins.
The world would rather China keep rare earth metals from falling into the hands of rogue and terrorist states like the USA so that they cannot keep producing weapons to target every Tom, Dick and Harry. Why would China even want to help the USA with rare earth metals for them to make more weapons, when their sole intention was to use them to destroy China? Who in his right mind would do that?
Anonymous
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Trump is again counting his chickens before they are hatched, telling the world that he is going to extract a deal with Xi soon over soya beans and rare earth. How soon? China plays the long game - ten years, twenty years is not a problem. The Chinese saying that a gentleman taking revenge ten years down the road is never late.
Trump is now sanctioning two more Russian oil companies, an exercise in futility I would say. This move is even more beneficial for China's manufacturing, cheaper energy to make even cheaper goods for the Global South. Making China greater seems to be the motive of Trump. Trump is still feeling good about himself deluding himself that India is going to buy less oil from Russia without any corresponding response from India. That is just what we call 'mouth talk pleasuring cock'.
What have those tens of thousands of sanctions on Russia achieved? Did Russia collapse? I hope it is not going to need another 25 years to continue adding sanctions using the moon and the sun, the same as hoping for China to collapse over the last 25 years. The saying that what does not kill makes the victim stronger is still in fashion.
The motive of Trump is to monopolize the sale of energy to India and the rest of the world, cutting off Russian exports. On the other hand, the USA can never afford to sell energy to India as cheaply as discounted Russian oil and India knows that. Remember that Trump is backed by big oil, probably a big investor in big oil, is an advocate of fracking, does not recognize climate change and calls it a hoax and is against renewables. Some of the most bizarre examples of his warped mind can be gleaned from his attempts to demonize windmills as killing birds and refusing permits for solar panels and wind energy. Trump, at some earlier stage, even threatened people buying EVs, which directly runs counter to the ambitions of Tesla.
Now, we know the story of why Elon Musk and Trump could never get along with the different mindsets over renewables culminating in the latest withdrawal of subsidies for buyers of EVs, despite the massive contributions Elon Musk made to the Trump re-election campaign. Musk probably thought earlier that his massive donation would allow him to influence the decision of Trump regarding the sale of EVs in the USA. That has all but evaporated
Having said that, the earlier that farmers in the USA realize that subsidies are not going to be around in the longer term nor solve their problems as a move to compensate them for their loss of the Chinese market, the better it is for them to take action now to push the blame to Trump's failed policies against China. The farmer's plight is going to be long term or permanent while the subsidies are just a temporary move to pacify farmer's unhappiness.
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