Wednesday, June 4, 2025

US-China Conflict Gets Serious

A New Era of Trade Warfare Has Begun for the U.S. and China
https://www.nytimes.com/2025/06/03/business/economy/us-china-trade-supply-chains.html
Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global supply chains.
 
Trump rocked as China launches its latest economic weapon
https://www.telegraph.co.uk/business/2025/06/04/trump-cornered-china-weaponises-rare-earths-dominance/
Xi’s near-total dominance of a crucial supply chain gives him the upper hand in trade war.
 
Automakers Race to Find Workaround to China’s Stranglehold on Rare-Earth Magnets
https://www.wsj.com/business/autos/car-companies-production-rare-earth-shortage-aaf87ad2