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Topic - WAR
Posted: 07 Apr 2025 at 10:06pm By Dutch Josh 2
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🇨🇳🇺🇸 AFP: China vows to fight US tariffs “to the end”.

and https://halturnerradioshow.com/index.php/news-selections/world-news/china-retaliates-again-cuts-off-rare-earth-minerals-to-usa or https://halturnerradioshow.com/index.php/news-selections/world-news/china-retaliates-again-cuts-off-rare-earth-minerals-to-usa ;

China’s export controls did not explicitly cut off exports of rare earths to the United States, but importers know from experience that the practical effect of Beijing announcing “tighter controls” to protect its “national interests” usually means supplies are quickly and dramatically reduced.
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China is the world’s dominant producer of rare earth minerals, accounting for about 70 percent of the world’s supply at the moment. More precisely, China supplies roughly 60 percent of the raw minerals, but controls almost 90 percent of processing and refining capacity.

DJ, A.o. Kazachstan needed extra income and increased oil production. Fears of an economic recession did decrease demand for oil. Outcome oil price decreased...OPEC+ may decide to decrease oil production/sales to the west...

Very likely by now most global oil trade no longer done in US$...Russia, Saudi Arabia, Malaysia, Indonesia selling a lot of oil to India, China, Thailand, Türkiye...

https://halturnerradioshow.com/index.php/news-selections/world-news/china-levies-economic-war-against-u-s-brings-global-payment-system-online-bypassing-swift-settling-oil-sales-without-dollars or https://halturnerradioshow.com/index.php/news-selections/world-news/china-levies-economic-war-against-u-s-brings-global-payment-system-online-bypassing-swift-settling-oil-sales-without-dollars ; The People's Bank of China just connected its digital RMB to 10 ASEAN and 6 Middle Eastern nations, covering *38% of global trade*.

DJ, China is by now the major trading partner for MOST countries in the world...US tariffs weaken the US position in global trading..AND with that the position of the US$ as a global reserve currency...

DJ-April 16 will see a EU-Vietnam-China top in Hanoi. It may "regulate" China increasing export to the EU now China can sell less to the US.  The EU is afraid of "price dumping" (a.o. on electric cars). However on renewable energy/climate the EU and China may share a lot of viewpoints...

The EU could export agriculture knowledge to China. So China needs less food imports. China is a very major producer of solar energy power plants-the EU could be interested in that...

France did get 60% of its energy from nuclear power made out of uranium "bought/stolen" from Africa...Cheap nuclear energy is a lie...Batteries to store renewable energy (solar, wind) an urgent need for the EU...

In reaction to trumpf his steps (tariffs, Greenland, war plans) the EU may try to strengthen the Euro/€ as global reserve currency...(on the other hands EU/UK very intertwined with the US...however on company level some US companies produce a lot of goods/profits OUTSIDE the US...coca-cola, McDonalds, US cars, aircraft, Disney etc. may fear to be locked out of the global market...The US market is 4% of the global population...). 

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