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Political Discussion
Reply to "China Suspends Export of Critical Rare Earth Minerals"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think he went for nuclear option really fast. I thought he was going to use rare earth minerals and antibiotics as last resort.[/quote] Antibiotics?? [/quote] China controls 70% global rare earth minerals and 90% processing. China produces 90% of US antibiotics ( eg, Penicillin) and 40-50% of generic drug ingredients (APIs) Medical Devices ( gloves, syringes, MRI components) [/quote] And WHY is that? Is it wrong to try and on-shore those manufacturing activities? Covid-19 taught us that we can't be dependent on China, and yet those who oppose tariffs seem to have forgotten this.[/quote] It’s like closing the barn door after the horse is gone. It’s too little too late. [/quote]
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