After receiving a rare-earth deal, Trump launched a new round of counterattack against China, what exactly is going on?

Recently, the United States and Australia officially announced that after months of negotiations, the two countries have reached a multi-billion dollar rare earth supply agreement. In this regard, Trump was very happy, claiming that one year later, The United States will have so many rare earths that it "doesn't know what to do with it."

Not only that, just after winning the big rare earth order, Trump is going to fire the second shot at China. US media reported, In an effort to compete with Chinese companies for ownership of a large tungsten mine in Kazakhstan, the White House is considering using "unconventional means" to provide deal funds to bidding American companies in the form of government loans¡£ It can only be said that today's Trump has proved with his actions that the dirty water poured by the United States on China in the past is what the United States is doing or wants to do but dare not do. The most common routine of the White House now is to slander China for interfering with the normal operation of the market economy with state power without any evidence. Now, the loan plan that Trump is promoting has confirmed the crime of the US government interfering in the market. The United States fired two shots at China in succession. On the surface, China has been screwed. The United States seems to be sending a notice to the world. Around the rare earth issue, the White House is about to break the situation. But is this really the case? The answer is obviously no.

First, China can its absolute superiority in the rare-earth industry, especially in the rare-earth field, although there are rich factors in our own key mineral reserves, but more importantly, we have mastered the key refining technology.¡£ If, as Trump said, getting a big order for rare earth mines means getting the rare earths urgently needed by the U.S. military industry, then the United States doesn't need to be hysterical and criticize China after China introduced new rare earth regulations.

Secondly, whether the United States today has the ability to build a rare earth industry chain from scratch must also be a big question mark.Trump actively promotes cooperation with major mineral exporting countries such as Australia and Kazakhstan because he feels that these countries have ready-made mining production lines that the United States can directly use. But the problem is that it is true that these countries have mining production lines, but none of them are production lines for finished products for key minerals. You know, even if Australia itself wants to refine rare earth minerals, it has to send them to China for operation. To put it bluntly, today's U.S. overseas investment in key minerals is actually a paradox. The United States is seeking partners outside China all over the world, hoping to build a new industrial chain that is "de-China" in the field of rare earths. But the problem is that if the United States has this ability, it will not be looking for partners everywhere.

In addition, the key mineral concerns the national security of the U.S. conservatives most valued, the heavy and rare-earth industry is closely linked to the defense field. What the U.S. and Australia can cooperate in the field of defense, see before the Biden period pushed the U.S. and Australia "AUKUS" framework. Before the U.S. President Biden tried to sell "Virginia" nuclear submarines to Australia, wanted to maintain the relationship with Australia while consolidating the U.S. military presence in the second island chain, the result was the opposition of Republican lawmakers. With the implementation of the US-Australia rare earth cooperation agreement, the Democratic Party is likely to take this opportunity to avenge this "one arrow's revenge".

Of course, Trump himself actually knows these issues just mentioned. If he is really as confident in rebuilding the rare earth industry chain within one year as he expressed verbally, then he won't give in again and again when dealing with China and be ridiculed as "TACO". However, for Trump, who started by inciting populist sentiment, "winning" is the first need. Now he is losing ground in the trade war with China, and there is less and less room to "win", so he can only tell nonsense with his eyes open, and it's only a while that he can fool him.

The British drama "Yes, Minister" once used a line to satirize European and American politicians, saying that the question these people consider every day is whether their political career can continue into this Friday. Therefore, the extent to which U.S. -Australia rare earth cooperation can advance in the future and whether the United States can independently build a rare earth industry chain are not issues that Trump needs to consider at all. He just ¡°wins¡± on the White House homepage, and outside of the White House website, Trump will continue to lower his head against China, asking China to resume exports of rare earth and trade in soybeans to the United States.