#USChinaTradeTalks The USA and China resume trade talks today in London with a focus on the export of rare earth elements.
The USA has many levers of influence - semiconductors, jet engines, software, ethane, tariffs, and so on - but China has what could destroy the US economy in a matter of weeks:
Processed rare earth minerals and the products made from them.
For example, China produces virtually all permanent magnets in the world, without which no car can be manufactured in the USA!
P.S. Trade talks historically create volatility, but true alpha income lies in fundamental factors. BTC shows strength at $105k, despite macroeconomic uncertainty. Keep your positions appropriately sized and don't succumb to noise.