$BTC Latest Situation of Trade War: Rare Earth vs. Chips, Who Will Surrender First?
The toughest negotiation of 2025 kicks off in London! The US and China delegations will face off on June 9, focusing on three core issues:
1️⃣ Tariff Brawl
The US wants to cut subsidies for Chinese electric vehicles, while China counters by tightening rare earth exports. Tesla's stock plummets 14%, and US car manufacturers lament: "Without rare earth magnets, factories will shut down!"
2️⃣ Technology Strangulation
The US stubbornly clings to chip restrictions, while China sneers: "Your California rare earth mines still need to be transported to China for refining!" Both sides exchange harsh words, but quietly grant temporary export permits behind the scenes.
3️⃣ UK Cashes In
London becomes the biggest winner! Seizing the opportunity to promote.