Does he know most of the demand for such minerals is from China and Russia could just buy from China? For real, I was quite surprised when I found out China was barely a net exporter of rare earth products. Its production overwhelmingly serves its own industry. And the production is capped by law to preserve the environment as much as possible.
lol dude, private companies are not state owned companies . Private companies focus and priorities are completely different from state owned ones. So SOE will obviously follow the governments order to the letter, but private companies have different considerations which are profits and returns for their shareholders first and foremost. If a decision which will maximize their profits and reduce costs and lead to higher ROI then they will go for that and rightly so. So if Nvidia is back in the market they will dominate completely again by default of their size, ecosystem, product, and reliability. Companies will not even think of going to Huawei again(something many where not even happy to do in the first place, if not for the sanctions none would have done so),that will be on the back burner, or they will do a token small purchase which they won’t use much for their latest/most modern products for AI, this will in turn affects Huawei’s revenue and most of all slow down her advancement since they will have less data for inference and thus less data to fine turn their products leading to an even bigger gap with Nvidia. In short the gap will only widen even more with Nvidia and lead to a point where they have fallen so far behind they will probably just have to give up that sector and rely fully on USA TECHNOLOGY AGAIN like before . lol.
I think Trump has as much understanding of the rare earths industry as he does with tariffs. Nobody for the foreseeable future is going to refine and produce them cheaper without violating someone's human rights than China. Before the turn of the century, rare earths was on the US ban list to sell to China. That's how precious they were. So how does that work when they think China collapses if they can't sell them to the West because they have alternative sources now? Somehow China can't use these precious metals for themselves to make advanced tech when the US banned the sale of them to China a quarter century ago because they were too scared of what China would do with them?
I'm sure they are just there to provide one-on-one emotional support to each member of the American delegation, so to speak...
More like one on one emotional damage…
You seem to be pretty proud of what seems like your hope and opinion rather than fact. Time will tell.