For almost 10 months into his second term, Trump was telling the world that he wanted to meet Xi, but was met with total silence. Trump tried all kinds of antics to get Xi's attention but to no avail. He was almost crawling on his knees begging for this meeting. There is no one in the world that Trump would bother to take a second look.
Trump also has very serious business to talk to Xi. Everyone could see how stressed up Trump was when he landed in South Korea, still with no confirmation if Xi would want to meet him. Trump has all the farmers, his core supporters, crying and breathing down his neck. He cannot fail the farmers and needed Xi to buy all the soya beans in storage that will go bad very soon. Trump also has all the chips manufacturers, especially Nvidia, weighing down on him. The chips industry will face a crisis and leading to shutdowns or layoffs if they lose the China market. Then there is the bigger crisis of rare earths that is affecting almost all the tech and engineering businesses and most of all the military industrial complex and suppliers of weapons and hardware to the American armed forces.
Trump must meet Xi at all costs and cannot go home empty handed. He badly needs Xi to say yes to all his problems.
Xi kept Trump waiting until the eve of the 30 Oct meeting to say yes. The hours and minutes Trump and his team were kept waiting must be nail biting. Can you imagine if Xi were to call off the meeting? Trump flew all the way to South Korea to wait for Xi, without any confirmation from Xi. He was so desperate that he was willing to take the risk of Xi not wanting to see him.
On the other hand Xi was nonchalance, uninterested. China's position to the trade war has been made known to the Americans, will fight to the end. China will decouple from the American economy. Meeting or not meeting Trump is immaterial. China could walk out of the meeting without agreeing to anything. China does not need to buy soya beans from the Americans. In a hostile trade war, China would not mind even to pay more for Brazilian soya beans. China does not need any high end chips from the Americans as well. They are producing their own. China is preparing to decouple and the high tariffs for Chinese goods would not mean much except a lower surplus in its trade with the Americans.
Xi thus holds 3 Trump cards, pun intended, rare earth, not buying soya beans, not buying high end chips. Trump really has nothing to offer to Xi other than a military confrontation. If Xi has stood firm, no meeting, or meeting but refused to buy soya beans, refused to buy high end chips, refused to sell rare earths, what is Trump going to do? Going home empty handed after flying all the way to wait for Xi and calling Xi his good friends?
After the meeting, Trump practically got everything he wanted. Xi gave him a big present that he could not dream off without a fight. Trump was so glad that he gave a 12/10 grading for the meeting. Trump can go home and with all the good news for his farmers, chip manufacturers and all the businesses that need rare earths. What Trump offered to Xi in return were nothing, miniscule, that Xi can do without. Lowering of 10% tariff? Xi could have told Trump to keep it. The tariffs were paid by the Americans. Holding back on more sanctions? Xi could have said to Trump, bring them on, China is working towards decoupling and self sufficiency. Nvidia chips? China does not need them anymore. China does not need to buy substandard Nvidia chips. This is the most foolish strategy of Nvidia.
Xi gave Trump a huge present that he could not have dreamt of. Did Trump get the message? Xi is telling Trump, he can be very nice and generous, caveat, if Trump behaves and stop the silly wars. The rare earth is conditional, one year is a trial period. Trump's visit to China in April, 6 months away, can be called off. China can also stop buying soya beans anytime it wants, if Trump continues with his silly wars. The American farmers would not want to mess around with China a second time. They know who butters their bread...China!
Would Trump get the message and reciprocate in kind? Xi will be watching every move of Trump in the following months, and all the deals could be dropped if relations did not improve. If the dimwits in Washington continue to beat their war drums and itching for war with China. China has won the first round with hands down. Just stopping all sales of rare earths would be enough to cripple the American economy and the economies of their allies.
Cooperation, mutual respect, peaceful coexistence, working for mutual benefits in win win projects and trade are the way to go. Xi told Trump, working together with China could help him to succeed in making America great again. Trump can now have a nice peaceful sleep on his way home. He is very tired and deserved a good rest for working so hard, for taking all the stresses. May Trump have a good rest, sweet dreams and wake up wiser, and know who gave him a helping hand in time of distress, when the world is collapsing on him.
A side distraction. Modi is watching and so are the Europeans. Xi is the most important person that Trump would want to meet and call friend and could really extend a helping hand when in need. Trump is safe for now and can go on dancing and bragging and take on the Democrats with renewed confidence ... and make the world come kissing his ass. Caveat, not Xi.
Would Trump say a big thank you to Xi, his good friend in times of need?
12 comments:
Good morning All
The Americunts so called DemoCRAZY mid terms erections, oops elections the Republicans should be washed out by the equally same Gangs of their what's DemoCRATS which is another Bullshits DemoCRAZY.
Trump won't dare to have his Hillbillies Farmers of the Red States dying with their unsold soya beans.
Sure out with their rifles and harvesters to know down the White House.
Now already half destroyed by that Dotard.
Aiyo these Americunts "see now" dead brains have no initiative and innovations to make their soya beans into "tak huey" and "tau kee" for drinks and Bubbles tea and curry fishmeal side dishes.
Also bak kut the tau kee.
Be like SinkiesLAND Unis Graduates Hawkers and sell all these delicacies be million hairs oops millionaire Hawkers!
Real See Now don't know how to.U turn and three points turns!
No.eyes see
Trump is gloating about an 'amazing' meeting with Xi, and the USA side is making a song and dance with the news that Trump has extracted his pound of flesh from Beijing. That is the story from the USA side, while the Chinese side painted a different picture altogether. Who do we trust?
Xi actually humiliated Trump twice by making him stand on stage waiting for Xi to appear. To geopolitical onlookers that was an indication of who really holds the position of a powerbroker. Power is exhibited by appearance, not by boasting out loud. The second humiliation came when Trump was trying to paise Xi as a tough negotiator and all the nonsense, while Xi just kept quiet, not responding, not acknowledging and let the echo chamber carry on and on. That silence shows who is the real one holding the cards.
All the agreements talked about at the meeting were basically mere 'consensus' to settle issues hanging in the air. That is not real agreements. That is the same story as in Geneva and Alaska earlier, all touted by the USA as 'done deals'.
Let us talk about the Tik Tok issue, with Scott Bessent claiming a deal had been reached without giving specifics, while the Chinese side just said that issues have still to be discussed. Does that indicate anything?
Let us talk about Trump gloating that the rare earth issue has been 'settled', while the Chinese side indicated that the sanctions waiver is only for one year. In my opinion, China is basically telling the USA that since Trump already gloated that the USA would have so much rare earth within one year, that he does not know what to do with them, China is just giving a one-year waiver over rare earth sanctions for Trump to build his mines and refining logistics just to see what happens. Is China setting a trap for Trump to fall into again?
Let us talk about the soya bean issue as well, with China already committed to buy Brazilian and Argentinian soya beans and other agricultural products, with long term agreements forged. Now, is China going to just ditch those deals just to please Trump and buy back USA soya beans? I leave that to your judgement. China does not make and tear up agreements like the USA. Sure, China can just buy a little of the soya beans from USA, but just for ego boosting for Trump that he is doing something for the farmers.
That so-called soya bean deal could be another trap set by China to entice USA farmers to continue to grow soya beans. Fatten the pig for the slaughter? Trump is not smart enough to realize all that anyway.
That lowering of 10% tariff is academic. Serves no purpose.
Howard Lutnick, publicly is very loud about how successful those tariffs are, raking in billions, but privately he, or his sons, knows it is going to be a colossal failure.
It has been revealed that Howard Lutnick's two sons, Brandon and Kyle, had been installed by Howard in Cantor Fitzgerald, a financial services firm, as Chairman and executive vice Chairman, positions which Howard Lutnick himself was holding as CEO and Chairman before he became Commerce Secretary. Cantor Fitzgerald had discreetly been betting upon the failure of those tariffs and taking bets over the tariff collapse eventually, trying to make a windfall on those bets.
Howard Lutnick is the same kind of people in the Trump administration using their position to enrich themselves, family members and cronies, using Trump as the echo chamber to carry out their plans. The bailout of Argentina by Scott Bessent serves the purpose of saving the predicaments of George Soros and other hedge funds cronies caught with Argentinian bonds sinking like the Titanic.
I hope this comment does not get deleted as my earlier comments on Scott Bessent's involvement in the Argentina bailout.
That rare earth deal could also be a trap for Trump to pause his rare earth move, just kicking the can further down the road and making the situation more dire for the USA going forward.
China's overcapacity in any field is a massive asset to rely on. Rare earth is one trump card that cannot and never be bargained away.
Anon 10:58am, think your computer has some problems. I have no need to delete any comments for a long while.
There is going to be a mad rush for rare earth once China lifts the export control. China can raise the prices and make a killing in this one year reprieve.
China will put up a sign that says, 'sold out', LOL. We do not know what the conditions are over the one-year reprieve and which sectors are allowed to get their hands on it. That has not been fleshed out yet. China would be stupid to allow USA Military Contractors to get their hands on them in a mad rush or to stockpile those rare earth magnets during that one year, to make weapons to target China.
China is not going to make a killing after lifting control over rare earth. That is a foolish idea. Rare earth is more valuable in substance than in value. The USA has all the money, or can print all the money, but money cannot buy rare earth. That is why the USA is so desperate.
If I read it correctly, the one year reprieve is not to extend the ban on 0.05% rare earth content on all products that need China's approval for export.
The earlier ban on exporting rare earth for military use is still in effect.
Right. The reprieve is only related to those added in October 2025, if I am also not mistaken. The ban on Gallium, Germanium and Antimony in December 2024 and another seven items in April 2025 is unclear. Wait for more details.
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