No Nobel, Just to Fuck Xi in the Ass


Trump has threatened again to impose “massive” US tariffs on China, accusing Beijing of “very hostile” moves to restrict exports of rare earths needed for American industry.

Wall Street fell sharply after the US president reignited public tensions with the Chinese government, and raised the prospect of another acrimonious trade war between the world’s two largest economies.

Over the summer, relations had improved between Washington and Beijing, and Trump agreed to drastically reduce steep tariffs he imposed on China earlier this year, following negotiations between the two countries.

“I never thought it would come to this but perhaps, as with all things, the time has come,” Trump wrote on his Truth Social website, claiming: “Ultimately, though potentially painful, it will be a very good thing, in the end, for the US.

“One of the Policies that we are calculating at this moment is a massive increase of tariffs on Chinese products coming into the United States of America. There are many other countermeasures that are, likewise, under serious consideration.”

A planned meeting between Trump and Xi Jinping in South Korea later this month may no longer happen, Trump suggested, saying “there seems to be no reason” to meet with the Chinese president.

The US president’s threat sets the stage for another escalation in his volatile dispute with China. Just four months ago he described US relations with the country as “excellent” after signing off on a tariff reduction deal.

Trump repeatedly hiked US tariffs on Chinese goods in the spring, amid spiraling tensions between the two countries, to a peak of 145%. Beijing hit back, raising its own tariffs on US exports to 125%.

But talks between officials, amid widespread concern over the impact of such exorbitant duties on the world economy, led to a fragile detente. US tariffs on Chinese products fell to 30%, while Chinese tariffs on US goods dropped to 10%.

The president’s latest online attack on Beijing alarmed investors on Friday. The benchmark S&P 500 fell 1.5% and the Dow Jones industrial average retreated 0.8% in New York, while other leading markets also came under pressure. The FTSE 100 dropped 0.9% in London.

China is the world’s largest producer of rare earths, producing more than 90% of the world’s processed rare earths and rare-earth magnets.

The 17 elements are critical for manufacturers of everything from electric cars to plane engines.

Earlier this week, Beijing significantly expanded its export controls over rare earths, adding five new materials to its control list. Its last expansion of controls, back in April, prompted supply shortages around the world before a series of diplomatic deals helped resolve some of the issues.

#trump #tariffs #chine #xi #massive

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The most massive accident since the beginning of the year in the United States involving more than 100 cars in Michigan.

#massive #accident #cars #michigan

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Trump Is Close To Making a Decision On a “Massive Attack” Against Iran 🇮🇷🚀


Trump has said he is close to deciding whether to launch “a massive attack” against Iran, on a scale larger than strikes already witnessed during the months-long conflict with Tehran.

Speaking to the Axios news site, Trump said: “I am considering a massive attack. Bigger than ever before. I am close to making a decision. We are all set for it.”

Trump made his remarks on Thursday as oil prices once again surged past the symbolic $100 for a barrel of Brent crude, the international benchmark, and amid indications the price could go higher still.

He acknowledged that such a decision would have consequences but said he had not yet made a final determination. Israel “would join in two minutes if I ask them to”, he added, before saying: “We don’t need anybody.”

Trump’s comments followed the earlier threat of “major military punishment” against Iran and the Houthis, after the Iran-backed Yemeni militia’s attacks on two Saudi Arabian oil tankers in the Red Sea.

Underlining the sense of a region increasingly approaching an abyss, the UN secretary general, António Guterres, told the security council that the Middle East was being pushed to the “edge of the unimaginable” amid mounting fears over the trajectory of the conflict.

“The situation is getting out of control. It is teetering on the edge of the unimaginable. The region is being pulled into an ever-widening circle off confrontation. One crisis feeds another. One escalation triggers the next,” Guterres told a security council meeting.

“As this dynamic spreads, the political objectives are becoming increasingly obscured by the confrontation itself.”

Trump has been escalating his rhetoric against Iran in recent days, hinting the US is prepared to bomb an underground tunnel complex at the “Pickaxe mountain” site where Israel alleges Tehran has hidden centrifuges used in uranium enrichment.

As Trump has struggled to get a grip on the spiralling crisis, during which Iran has occasionally launched lethal strikes against US bases and Washington’s Gulf allies, he appears to have been sucked into an “escalation trap”, threatening ever more violent retaliation.

Trump said the US would destroy one bridge or power plant every time Iran shot at a ship in the strait.

Rubio, said Trump was seeking a “head for an eye” after the recent deaths of several US service members in an Iranian strike on the Muwaffaq Salti airbase in Jordan.

However, speaking on the outskirts of the Asean conference in Manila, Rubio said Iran was “begging for a deal”, and insisted “they need to come to their senses” and that they will “pay a very heavy price for the things they are doing” – all claims US officials have made before.

#trump #decision #massive #attack #iran

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