Trump 2.0 official thread

Wrought

Wrought

Senior Member
Registered Member
Here's the reality of Trump's beautiful deal.

Western companies say they are receiving barely enough magnets for their factories and have little visibility of future supplies. Firms are waiting weeks as Chinese authorities
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—only to be rejected in some cases. And applications for raw rare earths, which are used to make magnets, are rarely granted.

As a result, Western companies are concerned that the shortages could soon affect manufacturing. Companies are so desperate for magnets that they are opting for expensive airfreight whenever licenses are granted to prevent costly production shutdowns. Some manufacturers are
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that would allow them to make their products without the most powerful magnets.
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Restrictions are not going anywhere, no matter what anyone claims.

Manufacturers have taken the continuing challenges as a sign that new Chinese rare-earth export restrictions, introduced in April after President Trump raised tariffs on China, are here to stay—contrary to White House assertions that the flow of the critical components would return to normal.

“Yes, the export restrictions have been paused on paper. However, ground reality is completely different,” said Neha Mukherjee, a rare-earths analyst at Benchmark Mineral Intelligence. The licensing process is plagued by “bureaucratic drag.”
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No evasion and no stockpiling allowed.

When companies skip certain questions on their magnet applications to avoid disclosing sensitive intellectual property or details of commercial arrangements, their applications languish or are denied. In some cases, the applicants have then been told to start over and include all of the required information in a new application, which takes 45 days to process, according to companies involved in rare-earth imports. “The control is real,” said a representative of one such company. “There are thousands of applications the [Chinese authorities have] received.”

Beijing also appears to be trying to prevent stockpiling by Western businesses. One Chinese magnet maker has warned clients seeking to import more magnets than usual that they may have to explain to government officials the “business drivers” behind such large orders, according to an advisory note the magnet maker shared with clients.
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GZDRefugee

GZDRefugee

Junior Member
Registered Member
Wrought said:
Here's the reality of Trump's beautiful deal.



Restrictions are not going anywhere, no matter what anyone claims.



No evasion and no stockpiling allowed.



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Don't you love just-in-time logistics? Capitalists optimizing for "efficiency" rather than robustness is how the entire world got into this stupid mess in the first place.
 
Wrought

Wrought

Senior Member
Registered Member
Trump is claiming some kind of trade deal was signed today. Whether it has any bearing on reality remains to be seen.

WASHINGTON, June 26 (Reuters) - President Donald Trump said on Thursday the United States signed an agreement with China on Wednesday related to trade but he did not specify what he was talking about.

He made the comment during remarks at a White House event aimed at promoting a government spending bill that he wants Congress to pass by the July 4 holiday.
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Lutnick has corroborated the alleged signing of a deal, again without specifics.

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I only mention it because other sources hinted that something like this might be coming soon.

A Harvard University academic who met with top Chinese officials including Foreign Minister Wang Yi said he expects the US and China to agree to a memorandum of understanding on trade as early as next week. Conversations between China and the US are “very intense currently,” Graham Allison, government professor at Harvard who once studied with Henry Kissinger and served in both the Clinton and Reagan administrations, said Thursday during a panel at a
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meeting in the Chinese city of Tianjin.

“I will be surprised if in the next week or so we don’t see a MOU coming out of the discussions that’s been going on between Bessent and He and their teams in the intermediate period,” Allison said. He didn’t elaborate on the contents of the agreement but said it would be a “next step beyond London.”
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I

iewgnem

Senior Member
Registered Member
Wrought said:
Trump is claiming some kind of trade deal was signed today. Whether it has any bearing on reality remains to be seen.



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Lutnick has corroborated the alleged signing of a deal, again without specifics.

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I only mention it because other sources hinted that something like this might be coming soon.



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They can't even handle 30% tariff huh, lol
 
Randomuser

Randomuser

Captain
Registered Member
Ringsword said:
Just look at the higher up management doing the hiring there-"the usual suspects"-well this will only accelerated the decline of US/and anywhere else that does this-the backlash will be ugly thoough.
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People ask, why is China acting so confident all of a sudden?

Its not really China being confident per say. Its just it sees the US is in late Rome/Qing mode with its companies outsourcing to places like India that destroy the company's edge in favor of short term profits. The Chinese rebel anytime it sees the holding power as weak and unworthy. So now China is asking, is this the guy we are supposed to be respecting?
 
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