A de facto "critical-minerals embargo" being #China for the #US was to be expected. In fact, it is somewhat surprising that President #Xi did not implement it sooner, after the #US cut off high-end GPUs for #China critical for the #AI race.
It might even be a 👉wise strategy to counter Trump's de facto all-out global #TradeWar.👈
... withhold just critical goods reduces the pain on non-#US consumers and suppliers....
In fact, that strategy can be enhanced, targeting #MAGA donors, voters, and #RedStates. A good example to follow for #Canada, for instance, is the critical #Fertilizer ingredient for (#US) #farmers, #potash, as we analyzed a few days ago:
...usher in a #GreatDepression2.0, if they cannot be repudiated rather sooner than later. 4 years, as during the #GreatDepression, will be ruinous for the global and the #US#economy:
The probably even more impactful strategy is deepening economic integration between Europe and the Americas, including a #NATO based #DefenseUnion--w/o the #US while #Trump...