Dow Flails After ‘Devastating’ Beijing Bombshell About Rare Earths Pummels Trump

Dow Flails After ‘Devastating’ Beijing Bombshell Pummels Trump

Stocks plunged after Beijing revealed the ace up its sleeve in the rapidly escalating conflict with the United States: rare earths.

An editorial in the China’s People’s Daily – the Communist Party’s official newspaper – called for Beijing to drastically reduce exports of rare earths, which are vital to key industrial sectors including defense, energy, and automobile manufacturing.

Around 80% of all US rare earths imports come from China, and they’re crucial for producing everything from nuclear batteries to smartphones.

via CCN Dow Flails After ‘Devastating’ Beijing Bombshell Pummels Trump

All China has to do to beat the US in any war is just cut the US off from all imports and rare earth minerals.

The US would have to surrender without firing a shot.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.