this is what a trade embargo looks like China asks Korea not to export products using rare earths to US defense firms, paper reports https://www.reuters.com/markets/com...are-earths-us-defense-firms-paper-2025-04-22/ SEOUL, April 22 (Reuters) - Beijing recently asked South Korean companies not to export products containing China's rare earth minerals to U.S. defense firms, the Korea Economic Daily reported on Tuesday, citing government and company sources.
White House's Leavitt Speaks in 30 min Trump Speaks at Swearing in Ceremony when market close Tesla Q1 2025 Earnings also
only cheetos caves first, the chinese are holding firm. scmp reported that all their foreign ambassors flown back to beijing for an internal meeting last week, divide and conquer the trading partners. ps, japan is not signing anything with cheetos anytime soon. they are just milking the 90 days and expect another postponement.
Yep, and I think they'll continue to hold firm, at least until our mid-term elections are front and center. In the game of geo-political chess... XI will look at a year or two as a flash in the pan in the bigger picture, and he won't have a problem enduring the pain inflicted on his own economy. But that year or two is an eternity in US politics, and it will destroy any chance Trump has of creating a legacy term of office. Sooo... yeah. They aren't backing down. Xi will suck it up to see Trump flounder in the mid-terms. Jmho.