>>61096610
I'm leaning more towards the sidelined China hawks since the May 12th "truce" said "it's now our time" got into Trump's ear by unintentionally/intentionally distorting it to Trump. There is no official translation to English from the mofcom(the source) and so I'm kinda thinking the person informing this to Trump is just reading US media articles(They sell attention) and not trying to actually find the source to translate it to understand it fully.
October 9th, 2025(google translate)
"1. The following items may not be exported without permission:
>(1) Technologies related to rare earth mining, smelting and separation, metal smelting, magnetic material manufacturing, and recycling and utilization of rare earth secondary resources, and their carriers; (Control Code: 1E902.a)
>Technologies already in the public domain, technologies involved in basic scientific research, or technologies necessary for ordinary patent applications are not subject to the jurisdiction of this Announcement.
>If the exporter is aware that non-controlled goods, technologies, or services will be used for or substantially contribute to overseas rare earth mining, smelting and separation, metal smelting, magnetic material manufacturing, or rare earth secondary resource recycling activities, they must apply for a dual-use export license from the Ministry of Commerce before exporting
Trump says on truthsocial
>that they want to impose Export Controls on each and every element of production having to do with Rare Earths, and virtually anything else they can think of...
Staffers relying on US media articles to inform Trump caused this blip. Good clarity for stocks in a bull market while the Fed says they're cutting rates while at ~2.9% inflation along with replacing Powell with a dove in May!
https://www.mofcom.gov.cn/zwgk/zcfb/art/2025/art_6cb42957741440c6984de696b70df9ae.html
https://truthsocial.com/@realDonaldTrump/posts/115350455734003647
