#China Halts Critical Exports as #TradeWar Intensifies

China has suspended exports of a wide range of critical minerals & magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies & military contractors around the world.

#Trump #tariffs #economy #inflation #recession
nytimes.com/2025/04/13/busines…

China Halts Critical Rare Earth Exports as Trade War Intensifies

Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.

^{Keith Bradsher (The New York Times)}

Breaking news out of China, they announced that they will raise their tariffs on US imports from 85% to 125% to match the US. Meanwhile the US is raising tariffs on Chinese goods from 125% to 145%.

These tariffs are changing so fast its making my head spin trying to keep up with it 🥴

apnews.com/article/china-us-tr…

#Trump #China #Uspol #tradewar #trumptariffs #gop #tariffs

Trade war escalates as China says it will raise tariffs on US goods to 125%

China has announced that it will raise tariffs on U.S. goods from 84% to 125%. It was the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown. While U.S.

^{AP News}

China just announced, they aren't surrendering, they will fight back with reciprocal tariffs of their own.

This threatens to launch a recursive war of tit for tat tariffs increases which ultimately sever our ability to do business with Chinese workers.

“China will fight to the end if the US side is bent on going down the wrong path.” -Wang Wentao

Today makes clear, there is no end in sight.

theguardian.com/world/2025/apr…

#China #Trump #Economics #tradewar #trumptariffs #magatariffs #uspol

China vows to ‘fight to the end’ against latest Trump tariff threat

Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies looms

^{Helen Davidson (The Guardian)}

“‘The president made it very clear: When the United States is punched, he will punch back harder,’ White House press secretary Karoline Leavitt told reporters”

(Irish Independent, today)

#trump #USA #fascism #tariffs #tradeWar

We're now in a world trade war and the USA is the bad guy.

So here’s the proposal:

Through a UN resolution, the rules-based world launches a coordinated, economic strike against the USA with all countries simultaneously putting 100% tariffs on the USA while lifting all tariffs between participating countries, until the USA backs off and returns to the WTO process.

Nonsense?

Possible?

I don't know how any of this works frankly. But I don’t think anyone does.

#TradeWar #TheAmericanFascist

#TrumpeanTradeWars #TrumpTariffs
#EconomicPolicy
#CEUM

(1/n)

A de facto "critical-minerals embargo" being imposed by #China on the #US was to be expected.
In fact, it is somewhat surprising that President #Xi did not implement it sooner, after the #US cut off high-end GPUs for #China, which are critical for the #AI race.

It might even be a 👉wise strategy to counter Trump's de facto all-out global #TradeWar.👈

To...

cleantechnica.com/2025/04/05/c…

China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech - CleanTechnica

In response to new Trump tariffs, China cut dysprosium, terbium, and tungsten exports—hitting U.S. EVs, wind, and military systems hard.

^{Michael Barnard (CleanTechnica)}

Markets in Q1: #ETTTTS

Whereas the major risk back in Jan was that #Trump's 'America first' policies would push #inflation back up & prevent #US interest rate cuts, now the most important risk is #recession risk.

That has spun the $140T global bond #market 180°.

#Gold, the ultimate safe port in a storm, has had its best quarter since 1986 due to Trump's #TradeWar & the #dollar is flirting w/its worst start to a year since the 2008 global bust.

#economy #trumpcession
reuters.com/markets/us/global-…