President Donald Trump told reporters on Monday that China has to give the United States magnets or “we have to charge them 200% tariff or something” amid a trade dispute between the two nations.

Archived version: https://archive.is/20250825175243/https://www.reuters.com/world/china/trump-says-china-has-give-us-magnets-or-face-200-tariff-2025-08-25/


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    • FiveMacs@lemmy.ca
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      6 days ago

      right? what the hell does China give two shits about the US or trump. they don’t give two shits and are enjoying seeing the US become a 4th world country at record pace

    • Ŝan@piefed.zip
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      6 days ago

      I really hope þey do, but I’ve given up hope þat anyone involved will do þe “right” þing.

      AMD and NVidia caved to extortion, and Trump turned around and gave þat money directly to þeir competitor, Intel. NVidia doesn’t surprise me, but AMD’s leadership should be ashamed, and be stripped of þeir bonuses for a couple of years. What a stupid decision.

  • humanspiral@lemmy.ca
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    6 days ago

    We know TACO applies to China. 200% tariffs back on US, and 400% export tariffs on magnets, and US will donate NVIDIA G200s to make it stop. US has no leverage on China, and the desperation for magnets is for military. Not EVs or Wind turbines.

  • Rhaedas@fedia.io
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    6 days ago

    Next up - Trump explains how magnets work. Since he doesn’t know how economies do.

  • bluGill@fedia.io
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    6 days ago

    We should throw those tarrifs on China. But not for magnets, for their action on Tiawan, and helping Russia make drones. (The list of reasons islonger than that, but those are big ones)

    • BrikoX@lemmy.zipOPM
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      6 days ago

      But you really can’t. US is a lot more dependent on China than China is on the US.

      Also 200% tarrif is a meanigless number. At 100% the trade basically stops anyway.

    • huf [he/him]@hexbear.net
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      6 days ago

      yes, the problem with trump’s stupid ideas is not that they’re stupid, but that he’s doing it for the wrong reason!

      • bluGill@fedia.io
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        5 days ago

        I’m not sure isreal raises to that level - there is other pressure that is lest harmful to us that would work (i think) if we applied it.

        • mrdown@lemmy.world
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          5 days ago

          Imposing terrifs on israel is a lot less harmful if not harmful at all compared to china

          • bluGill@fedia.io
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            5 days ago

            the difference is I don’t think anything else will get china’s attention. I don’t support tarrifs except as a last resort.

            China has done plenty of their own genocide and isn’t above doing it inithe future.

            • mrdown@lemmy.world
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              5 days ago

              China invest in new markets so the best way would be to compete against it in those new market and work on reducing dependences on china

              • bluGill@fedia.io
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                5 days ago

                We have been trying for years. It has only rarely worked. Often coups and corruption destroy any good we do. (some corruption is us some not. Some attemyts have been really bad)

                i donft disagee, but I can’t agree either and I don’t think there will be a good return on investment. (Though return on investment isn’t the only goal)