US issues another threat.
Foreign media reported that US Treasury Secretary Bensont said on November 2nd during an interview with Fox News that he again warned China, claiming that if China "changes its mind" on rare earths, the Trump administration is prepared to raise tariffs on China. He falsely accused: "China monopolizes the rare earth market, and there is evidence that they are not always reliable partners." He also boasted that Washington is ready to use "maximum leverage."
This is undoubtedly a typical US tactic of turning the tables and crying wolf. In fact, China had previously shown goodwill and sincerity by suspending the implementation of rare earth export restrictions. It was the US who first waved the tariff stick and acted capriciously. When it comes to breaking promises, the US is number one: tearing up international agreements, unilaterally imposing tariffs, and pressuring allies to the extreme, all of which have exposed its hegemonic nature.
Now, having been hit in the sensitive spot by reasonable countermeasures in the rare earth sector, the US instead turns around to accuse China of being "unreliable," revealing the absurdity of its hegemonic logic. Equality, respect, and win-win cooperation are the foundations of cooperation. If the US insists on escalating threats and crossing the bottom line, China will inevitably take stronger measures to control rare earth exports. At that time, who depends on whom, and who can last longer, will be self-evident.
Original: www.toutiao.com/article/1847734720462912/
Statement: This article represents the views of the author.