The world is reporting one thing: Trump is angry again because of China.
What happened to him in China?
China has learned to use American magic to deal with the United States.
First, the cost of shipping.
On April 17 this year, the United States announced investigation measures against China's maritime, logistics and shipbuilding industries, and decided to impose a service fee of US$50 per net ton on China ships starting from October 14.
Recently, for the same reason, China also imposed tariffs on the United States, $56 per ton, higher than the United States.
In addition, a phased accumulation system has been introduced, which will increase the price by 60% to US$89 per net ton after six months.
Second: The United States has a bumper harvest of soybeans, but China doesn't buy grains, but buys Argentina and Brazil.
Trump’s promise to sell the road to farmers is not only not opened but also blocked, and now American farmers are splashing Trump.
Third: China has implemented long-arm jurisdiction over rare earths over the United States for the first time--No matter which country, enterprise or product it is, as long as it contains rare earths made in China, it must be approved by China before it can be bought or sold.
Although only 70% of global rare earth mining occurs in China, 90% of rare earth separation and processing and 93% of magnet production are controlled by China. Basically, China can ban any company in the world from providing rare earth-related products to the United States.
This is the magic of American learning, and the same goes for high-end chip restrictions in the United States.
Not long ago, Trump has been in China to supply large amounts of rare earth to U.S. companies, and now, credit has gone bankrupt.
In response, U.S. Secretary of Interior Douglas Bergham opened the oath conference: “Comrades, China has stuck America’s rare-earth lifeline, 85% to 100% of the rare-earth refining capacity is in the hands of China ... we are to be ashamed, to break this situation!”
Fourth: Qualcomm launched an antitrust investigation against leading chip manufacturers in the United States and refused to purchase Nvidia's H20 chips exclusively cut in China.
Fifth: Do not buy Boeing aircraft from the United States.
According to Bloomberg reports in August, Boeing is negotiating to sell up to 500 aircraft to China, but now it seems that China hasn’t bought it.
Historically, the Chinese market once accounted for 25 percent of Boeing orders, but now that share is less than 5 percent.
Sixth: Restrict battery exports, so that the new energy vehicles that the United States focuses on developing can also feel stuck ~
Responding to magic with magic, continuously kicking up to meat, this makes Trump feel devastated.
After all, some time ago, he had just surrendered heavyweight players such as Japan and the European Union, and he was proud of himself, but he was defeated in front of China.
So he expressed his anger, saying on the social platform Truth Social that the United States would impose an additional 100% tariff on Chinese products from November 1 on the current tax basis.
In addition, export controls will be implemented on all critical U.S. software.
"There are some very strange situations in China!" "They became very hostile," Trump roared.
Later, the chairman of the U.S. Federal Communications Commission said that as part of the agency’s counter-operation, U.S. major retail websites have downloaded millions of illegal Chinese electronic goods.
Among them are security lenses and smart watches produced by companies such as Huawei, Haikon WeView, ZTE and Daewoo Technology.
As soon as the news came out: the U.S. stock market fell sharply. The Dow Jones industrial average fell 449 points, or 1%. The Standard & Poor's 500 Index fell 1.4%, and the Nasdaq Composite Index fell 2%.
But later, Trump said he would talk with the Chinese side...
On the one hand, on the other hand, this scene and the U.S. military at the time on the battlefield of the anti-American aid dynasty were consistent, and they wanted to use extreme pressure to force China to make concessions.
But just as in the Korean battlefield of that year, the current trade war, China is a little weak, you want to fight, I fight, you move, I all the army.
Koko, I can also get stuck. It used to be passive "decoupling", but now it is active "decoupling".
What do you think?
The evolution of the international situation does not dare to talk much, but talk about the reality:
1 Gold will remain high in the short term. In fact, when the situation between the two countries slowed down in June this year, I reminded that This is just a "halftime break". The conflict has not been resolved and it is difficult to resolve.Hold the gold well.
Be careful of the science and technology division, both AI and science and technology stocks have stood high, and the risks and volatility will be great. Stay away from those with bad hearts.
3 Now money is becoming more and more valuable, but do not waste it. Keep the cash in your hands and it will be more valuable in the future.