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U.S. agencies alarmed by China’s curbs on exports of rare-earth minerals

Discussion in 'Too Hot for Swamp Gas' started by G8tas, Apr 24, 2025 at 12:10 PM.

  1. GolphinGator

    GolphinGator GC Hall of Fame

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    So you must think that if China decides to go to war with the US they will keep selling us the things we need for weapons and survival? You don't think they would "pull the rug" out from underneath us? Not sure where you get conservatives or Americans can't understand economics in any certain way or as well as you think you do. I would think there are plenty that know more than you ever will and have forgot more than you have ever known. Your mind is to stuck on left vs right in every part of your life it seems to ever be half as smart as you might believe you are.
     
  2. G8tas

    G8tas GC Hall of Fame

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    Yes, of course
     
  3. DesertGator

    DesertGator VIP Member

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    No need to take my word for it.

     
  4. mdgator05

    mdgator05 Premium Member

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    The likelihood of a war between two major trading partners is incredibly low. There is a reason that the mercantilist and economic nationalist world of the 19th century and the early 20th century had considerably more war than the last 80 years or so, as global trade exploded.
     
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  5. wgbgator

    wgbgator Premium Member

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    Why would they decide to go to war with someone who's economy is so tied up with theirs? If you dont think these are rational people and just want to screw over Americans at the earliest opportunity, why would you trade with them at all? What is our massive defense budget even buying if we cant deter or prevent a war with our biggest trading partner?
     
  6. GolphinGator

    GolphinGator GC Hall of Fame

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    There are different ways to go to war with another country. Once we are dependent enough on their trade and they own enough of our land and businesses the war is on the way to being won. Here is one example-pork:


    While it's difficult to pinpoint an exact percentage, China's ownership of U.S. pork production is significant. Smithfield Foods, the world's largest pork producer, is a subsidiary of the Chinese conglomerate WH Group. WH Group also owns other U.S. pork processing plants.
    Here's a more detailed breakdown:
    • Smithfield Foods:
      .Opens in new tab
      This company, which operates as an independent subsidiary of WH Group, owns over 500 farms in the U.S. and contracts with another 2,000 independent farms to raise pigs.
    • Chinese-owned farmland:
      .Opens in new tab

      Chinese entities own 380,000 acres of farmland in the U.S., accounting for just over 3% of privately held agricultural land.
    • Pork Exports:
      .Opens in new tab

      China is a major market for U.S. pork exports, importing a significant amount of pork.
     
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  7. wgbgator

    wgbgator Premium Member

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    Its always interesting to see people who are capitalists view capitalism the way that the most vulgar of Marxists do, as some kind of crude system of world domination. I'm not a capitalist and I see us getting people calling themselves communists to do capitalism, the thing America is supposed to be all about. Isnt that us winning ideologically? Yes capitalism is full of contradictions when it comes to questions of nationalism, but that is why all those arch nationalist guys become fascists and turn against capitalism. Those people generally dont see the logic of trade other than people making concession to them, because Americans (or whoever) are special little guys, the most special people on Earth. Nationalism is stupid that way.
     
    Last edited: Apr 24, 2025 at 4:44 PM
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  8. l_boy

    l_boy 5500

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    Well we are where we are. Given where we are, shooting ourselves in the foot is not the best way to move forward.

    If we wanted to do something about it now, the Biden admin had a more coherent plan - subsidize important industries here and impose workable tariffs in the interim. The policy was far from perfect, and perhaps a fools errand, but it least it kinda made sense.

    What we are doing now is ridiculously stupid.

    As to how did we get here? We live in a global economy. The trend in the US was deregulation and embrace corporations maximizing profits and lower subsidization of industry. The result was outsourcing a bunch of stuff to China.

    There was no appetite here for spending tons of money to prop up strategic industry, especially among republicans. I don’t necessarily disagree. But the world changes and sometimes strategies that made sense decades ago lead to unwanted side effects.
     
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  9. AzCatFan

    AzCatFan GC Hall of Fame

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    All the more reason why China won't go to war with the US. Way too many ties economically. War would be a losing proposition, even if China won the war.

    And again, we're the biggest customer of Chinese rare Earth materials. Why would China want to piss us off? They know we have RE deposits that if we wanted to, could start to mine and cut off China. But keep us happy, and continue to buy from China.

    Yes, there are all kinds of hypotheticals. China could do this or could do that. But they are the seller, and we are the buyer. And generally, the seller tries to do everything to keep the buyer happy, so they keep buying. It's a rational action. We screwed things up, and now the seller is not selling to us and looking for other buyers.
     
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  10. l_boy

    l_boy 5500

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    In hindsight, probably a better model would have been similar to what we did with Japan, and what China did with us. Have Chinese industry set up here, with our labor and shared ownership. That way we benefit from their advances and if they wage war against we just nationalize it.
     
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  11. vaxcardinal

    vaxcardinal GC Hall of Fame

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    they better not impact our bacon
     
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  12. slocala

    slocala VIP Member

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    Deep sea vacuum cleaners.

    April 24 (Reuters) - President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, the latest attempt to boost U.S. production of nickel, copper and other critical minerals used widely across the economy.
    The broad order avoids a direct confrontation with the United Nations-backed International Seabed Authority and seeks essentially to jumpstart the mining of U.S. waters as part of a push to offset China's sweeping control of the critical minerals industry.


    https://www.reuters.com/business/en...-executive-order-thursday-sources-2025-04-24/
     
  13. docspor

    docspor GC Hall of Fame

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    Commie much? good lord
     
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  14. chemgator

    chemgator GC Hall of Fame

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    Maybe we should develop alternate supplies before we cut off the main supply? Maybe that would be smart? There is any easy way to de-couple from China (slowly raise tariffs and subsidize mining operations in the U.S. or friendly countries that have minerals) and a hard way (jacking tariffs through the roof, threatening to invade Greenland, stopping trade). Trump seems to have chosen the hard way. Dramatic? Absolutely. Wise? Not so much.

    Why it is so hard for Trump voters to acknowledge that this tariff scheme was unwise is a mystery to me.
     
  15. G8tas

    G8tas GC Hall of Fame

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    Why did he wait until now to do something? It's almost as if he wasn't president before
     
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  16. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    Yes, the Dems love Chinese money and funds that seem to be funneled though NGOs into their coffers.
     
  17. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    The very nature of negotiating is giving and taking here and there until an amicable balance has been achieved.

    This is why I find it strange that so many people in the Media think what Trump is doing with these trade deals is tantamount to waffling... nothing can be further from the truth. It's called negotiating in real time, and it's not on paper like some would like to see. That final contract (ON PAPER) will take far more time.
     
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  18. docspor

    docspor GC Hall of Fame

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    waffling? he's gettin' bitch slapped.
     
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  19. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    You're confusing yourself and your Party with what is happening to your side of the aisle. And Trump is doing the slapping...
     
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  20. slocala

    slocala VIP Member

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    December 19, 2023, Diamond Joe extended the US continental shelf by 200 nautical miles. :rolleyes: