U.S. races to head off economic shock from China rare earths limits – The Washington Post

Mr. Thucydides! Imagine meeting you here!

«“China knows this is a very strong bargaining chip, and it is why they are playing it,” said Ashley Zumwalt-Forbes, who was a deputy director for batteries and critical materials at the Energy Department during the Biden administration. “This is fast emerging as our Achilles’ heel. What makes these bans particularly dangerous is oftentimes one of these materials is a single point of failure for entire supply chains, and its production rests solely in China.”»

https://wapo.st/4cI7j9o (gift)

«China on Monday accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world’s two biggest economies.»

https://www.reuters.com/world/china-opposes-any-deals-between-us-other-nations-its-expense-2025-04-21/

https://en.m.wikipedia.org/wiki/Thucydides_Trap#:~:text=The%20Thucydides%20Trap%2C%20or%20Thucydides,of%20China%E2%80%93United%20States%20relations.

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