Yeah, they just reached consensus and not concessions.
Miscellaneous News
- Thread starter bd popeye
- Start date
So for rare-earth climb down China only gets US to climb down from the 50% rule for 1 year. That sounds like China Chickening out. After firing the big RE gun, I thought China would get bigger concessions. But no. Now US gets 1 year to stockpile Rare Earths.
....
(Seems Korean americans?)
By Victor Cha, Ellen Kim and Andy Lim
(Seems Korean americans?)
This makes more sense now, so in total 34% would be removed, from 57% tariff to 23% on China.
Also they should touch the great wall of China and cry, just like ones submitting to Israel.
Only the rare earth control measures introduced on October 9th were suspended; the previous measures remained in effect.
Pretty sure the 24% is an extension of the previously agreed truce.
manqiangrexue
Brigadier
LOL You believed you would get a satisfying Chinese middle finger to the US, tell them to kneel on TV and hand over the right to rewrite the US constitution to China in exchange for rare earths? Don't be naive; the endgame is shaping up but it's not as short and sweet as that.
Chickened out of what? The US tariffing itself into another quarterly contraction? America has no cards left and it has no concessions that China wants. This is an on-paper relaxation of the newest written rules while rare earth acquisition was actually restricted, though not banned, for months. No stockpiling can occur under the trickle speed that exports will be allowed. If anything, production will still be stalled with shortages, though no complete cutoffs. This is China leading the US on, making them think there's hope so they don't decide to go out with a WWIII bang. This is telling them to shush and go quietly without kicking and struggling too much while being slowly suffocated.