Reply to China Suspends Export of Critical Rare Earth Minerals

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[quote=Anonymous][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 is not wrong to want to onshore some of this.  Strategically, it is a wise move.  But the way he is doing it will create a shortage and a shock to the system.  We should want to mine and process our own critical minerals, but we have to set up the infrastructure, not freeze funding for critical mineral research (which is what Trump did).[/quote]

This is basically the crux of all of us who are in disbelief over what Trump is doing economically.  You just don't throw everything up against the wall to see what sticks!  You don't change everything in a heartbeat.  You prioritize, you prep, you research and you plan.  WTF are people thinking supporting all this crap he's dishing out?  It's not even about whether it's right or wrong (and actually I agree with his goals being noble to be more self sufficient as a country which is about improving ourselves as a country) but his actions are 1000000% wrong.  It's his approach that determines results and this is going to see us sink on all fronts - economically, politically, public relations wise and however and any way you want to spin it.  He is adding insult to injury in that he's taking down not just the US about the world with us to boot with these trade wars!!!![/quote]

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