Posted on 10/13/2025 9:56:50 PM PDT by nickcarraway
“China’s stance is consistent,” the Chinese Commerce Ministry said in a statement posted online. “We do not want a tariff war but we are not afraid of one.”
China signaled Sunday that it would not back down in the face of a 100% tariff threat from US President Donald Trump, urging the US to resolve differences through negotiations instead of threats.
“China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war but we are not afraid of one.”
The response came two days after Trump threatened to increase the tax on imports from China by 1 November in response to new Chinese restrictions on the export of rare earths, a key ingredient for many consumer and military products.
“Frequently resorting to the threat of high tariffs is not the correct way to get along with China,” the Chinese Commerce Ministry said in its online post, which was presented as a series of answers from an unnamed spokesperson to questions from unspecified media outlets.
(Excerpt) Read more at euronews.com ...
That’s what they say, but their cutting the world off from rare earth metals would suggest they are trying to squeeze the rest of the world into doing business.
A trade war with an economy in the US that rules the world will cripple them.
They're already in very bad shape if you look beneath their government controlled enterprises.
Australia and the US can rectify the rare earth issue. China doesn’t control supply - only processing.
they are afraid of Trump
On Monday, regarding China, the president said, “I don’t want to hurt them.” The stock market rebounded in response.
China is not our friend. I wish we could send them our environmentalist whackos.
“They’re already in very bad shape if you look beneath their government controlled enterprises.”
Tofu dreg economy.
What people do with relatively small tasks they’ll do with big tasks. And it’s all due to a system with “moral flexibility” that is the hallmark of communist systems. There’s big noise about cooperation and communal action. But in truth everyone is out for themselves first and the devil take the hindmost.
CC
The focus is incorrectly on tariffs.
There is a solution to the rare earth Monopoly that China has, and it requires 5 to 10 years.
This is the correct focus. The absence of neodymium magnets will translate within not very many months into no refrigeration, no air conditioning, no alternators for cars, and no motors in general.
The media talks a lot about the defense items dependent on those magnets, but it is not the defense items that are the critical ones. It is society. Modern society cannot exist without motors and refrigeration.
Combating the absence of a critical requirement for modern society with a tariff is pretty silly. There’s no price that can be put on it. And it will take maybe 3 months Max before politicians point out that before this angering of the world’s only source of this material we had air conditioning and we had cordless drills. And now we don’t.
The point is the issue is not tariffs and what it does to the stock market. The issue is the smash that is applied to society as a whole.
Yes they are already having economic issues larger than most know.
(China is a factory nation. Nothing more. Nothing less.
A trade war with an economy in the US that rules the world will cripple them.)
I agree.
They’d need a war to keep the population occupied and focused elsewhere.
Never fear about the consequences of a trade war with China. Dear Leader is just using three dimensional chess.
More winning! Getting tired of winning.
Thousands of factories will close in China and this will foment civil unrest.....Xi will be replaced.
They won’t be able to sell all the tea in China.
Nothing worse than a grandstanding nation with little man syndrome.
“China is a factory nation. Nothing more.”
You’re about 30 years behind the times.
I agree with your assessment that the problem is beyond just national defense needs. But I respectfully disagree that it would take 5 years to move the processing of magnetic materials to the U.S. Not with Trump in charge of the EPA.
“Modern society cannot exist without motors and refrigeration”
There are neodymium mines in California, Brazil and Australia that are ramping up. Can they produce and process enough? Time will tell. Maybe China is seeing the writing on the wall and is playing a gouging game before no one cares about their neodymium.
I don’t want to hurt red China I just don’t want to have anything to do with them at all .
What more are they?
No country is just a “factory” country, but they now have far more engineers, for example, than we do.
The Red Chinese learned from the disasters of Maoism and Soviet Communism that full socialism was a failure. So they revived Lenin's New Economic Plan on a massive scale, allowing a market economy while still preserving an authoritarian regime. The CCP remained in control even though their economic model was closer to that of Nazi Germany or fascist Italy than to the USSR.
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