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Xi’s defiance pays off as Trump meets most Chinese trade demands
(www.straitstimes.com)
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this post was submitted on 13 May 2025
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The Trump regime needed to feel the pain. They don't care about consumer spending. That isn't what GovCo cares about. Just look at the state of the domestic economy. The rare earth metals was about impacting the MIC. That's the sector that matters. And China made it hurt.
Every year or two China bans exports of rare-earths to the US.
I don't think anything China did made the Trump regime "feel the pain". Lots of things Trump did made that, but China just doesn't have that power over the US.
China absolutely has the power over the US to make the US feel pain. The problem is any use of that power would make China feel just as much pain. It would be self-immolation. The three main things China can do are.
Cut all exports. Ironically, Trump did that to himself so that's why Trump capitulated.
Sell all US assets. Not just bonds. Of course this would absolutely destroy China's economy, so a no go.
Nuclear war. But this is the end of humanity, so also a no go.
So China has the power, but would need to basically be willing to end life as we know it, or do what Trump did to himself. Again, ironically that was the one thing that didn't involve total annihilation and Trump willingly committed seppuku. So weird.
Needs. This isn't the pain they need to feel, by a long shot.