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Topic: China is helping Trump with the tariffs (Read 23 times)

legendary
Activity: 3990
Merit: 1385
December 09, 2024, 02:18:00 PM
#1
Trump had a double job to do. First he had to do the tariffs. Then he needed to reduce regs so that America could do its own thing. Looks like China is helping with the tariff side of the operation. Thanks, China.


China bans export of critical minerals to US as trade tensions escalate



https://www.reuters.com/markets/commodities/china-bans-exports-gallium-germanium-antimony-us-2024-12-03/
Dec 3 (Reuters) - China on Tuesday banned exports to the United States of the critical minerals gallium, germanium and antimony that have widespread military applications, escalating trade tensions the day after Washington's latest crackdown on China's chip sector.
The curbs strengthen enforcement of existing limits on critical minerals exports that Beijing began rolling out last year, but apply only to the U.S. market, in the latest escalation of trade tensions between the world's two largest economies ahead of President-elect Donald Trump taking office next month.
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