Latest Situation of the China-U.S. Trade War: Rare Earths vs. Chips, Who Will Surrender First?
The most intense negotiations of 2025 kick off in London! The China and U.S. delegations faced off on June 9, focusing on three core issues:
1️⃣ Tariff Brawl
The U.S. wants to cut subsidies for Chinese electric vehicles, while China counters by tightening rare earth exports. Tesla's stock plummeted 14%, and U.S. automakers lamented, "Without rare earth magnets, our factories will have to shut down!"
2️⃣ Technology Stranglehold
The U.S. is firmly grasping the chip blockade, while China scoffs: "Your California rare earth mines still need to be transported to China for refining!" Both sides are exchanging harsh words, but quietly issued temporary export licenses.
3️⃣ Britain Gains
London emerges as the biggest winner! Seizing the opportunity to promote the "post-Brexit trade agreement," it simultaneously courts the U.S. while eagerly accepting Chinese orders.
⚠️ Ultimate Suspense: If talks break down, the U.S. threatens to impose a staggering 54% tax on Chinese goods! China is preparing a "countermeasure package," and the global supply chain is trembling.