From the other thread, it's not actually a trade deal. They have agreed to a vague outline.
This is truly the worst of politics...
We are talking about talking. Let's create a lot of pomp and ceremony over it!
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- Thread starter bd popeye
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This is truly the worst of politics...
We are talking about talking. Let's create a lot of pomp and ceremony over it!
China asks Korea not to export products using rare earths to US defense firms, paper reports
By Reuters
April 22, 20256:52 AM EDTUpdated 5 hours ago
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China April 8, 2025. REUTERS/Tingshu Wang/File Photo
- Companies
SEOUL, April 22 (Reuters) - Beijing recently asked South Korean companies not to export products containing China's rare earth minerals to U.S. defense firms, the Korea Economic Daily reported on Tuesday, citing government and company sources.
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The report said China's commerce ministry delivered the message in letters to Korean companies which make power transformers, batteries, displays, electric vehicles, aerospace and medical equipment, all of which use the key materials.
Looks like China is going gloves off with the rare earth retaliatory measures. Not an unexpected move given it’s the play book the US has long used against everyone else.
Excellent. Two can play the secondary sanctions game.
I called this. China is really bringing the heat now. We'll see active pharmaceutical ingredients being leveraged soon. The other MIC (MEDICAL industrial complex) is gonna get hit hard.
The South Koreans must feel like they're getting brutalized (on both ends), but such is Beijing's political will and economic might.
Perhaps make for worthwhile commentary on this occasion:
The South Koreans will have to either stop exporting all sorts of goods to the US, which will upset, if not humiliate Trump given the visibility of certain South Korean brands; or the South Koreans will have to suspend production of all sorts of goods altogether, and lose market share worldwide.
Such commendable savagery is almost certainly intended to force South Korea's almighty chaebols to nudge Seoul towards Beijing.
Engineer
Major
This is not unique to Trump and his team. How many of Biden's initiatives produced actual results? Why is every single project now days zoomed pass deadline with cost overruns? This is just what the management class typically does as "work" now days — hold meetings to talk about making a plan for a todo list. Productivity is measured in hours spent in meetings, not in actual accomplishments. When managers go back to their desk with nothing else to do, they don't feel they are being productive, so time for another meeting but this time involving front-line employees. When people doing the work has to sit through meetings, actual work doesn't get done, so let's hold another meeting to address this drop in productivity! Countless hours of lives are wasted in meetings.
I'm sure controlling the Vatican is something high on the to-do list of the "CCP"