China’s exports of rare earths will have disastrous consequences for the U.S. economy as a whole-soulseek

Chinese will reduce the export of rare earth on the U.S. economy as a whole disastrous data figure: Sino US naval drills "America Forbes" Bi weekly website on November 17th article, the original title: Trump should not China punitive tariffs, but there is a reason often ignored earlier this year, Trump said he was in favour of punitive tariffs levied on goods to the United States 45% the China export. This is one reason why Apple’s stock price fell more than $12 after Trump won the presidential election. Many people have written articles about the adverse consequences of Taxation on the U.S. economy, but I think there is another factor that will force Trump to impose tariffs on China: rare earths. Wikipedia’s data show that rare earth is not extremely rare, but usually in nature, 22 of the alloy and difficult to separate from each other. They are critical to U.S. defense and technology products. "Military use of night vision, precision guided weapons, communications equipment, global positioning system equipment, batteries and other defense electronic equipment (all use rare earth). These things give us a big advantage." The United States "Geology" website says. Last year, China accounted for more than 95% of the world’s total production of rare earth elements (up to 105 thousand tons, the United States only produces about 4100 tons). It is estimated that China’s rare earth reserves (55 million tons) accounted for more than 13 of the world’s total output, Brazil, followed by a rare earth reserves of up to 44 million tons. In contrast, 1 million 800 thousand tons of rare earth reserves in the United States is negligible. The ability to reduce or stop the export of rare earth elements in China will have disastrous consequences for the u.s.. I hope when Trump understood the Sino US economic and trade relations complexity far beyond their campaign rhetoric, he can awaken.相关的主题文章: