BasedLibs
17 posts
China is a critical supplier of rare earths:
In 2024, China mined ~270,000 metric tonnes of rare earths, accounting for 69% of global production.
Chinese rare earth production has TRIPLED since 2014, according to US Geological Survey data.
By comparison, the US and Myanmar produced 45,000 and 31,000 tonnes, or 11% and 8% of the global production, respectively.
Importantly, China also accounts for ~90% of the world's total refining capacity, according to IEA data.
This means China is the primary location for transforming mined rare earths into usable materials.
The US needs China's rare earths.
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Inflation was more moderate than economists anticipated in May on fears of President Donald Trump’s tariffs raising prices.
bit.ly/4e0TF20
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📉 Inflation remained unexpectedly low in May, even with tariffs in play.
The latest CPI stats reveal:
✅ A mere 0.1% month-over-month increase
✅ Annual inflation at 2.4%—approaching a 4-year low
✅ Core inflation (excluding food & energy) stable at 2.8%
This occurs despite predictions that Trump’s 2025 tariffs would spike prices.
Here's the scoop:
📦 Companies built up inventory beforehand
🛍️ Consumer spending is declining
🚗 Prices for cars and clothing fell
The Fed's meeting next week might not lead to a rate cut, but today's report provides flexibility for future adjustments if job data weakens.
🔍 Investors, is this a lasting trend or just a pause before tariffs impact inflation?
What do you think? #Inflation #Economy
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BREAKING 🚨 In case you missed it, Donald Trump stuns the world announcing the China Deal is done
Trump truly is the BEST Deal maker EVER
Tariffs ABSOLUTELY work 🔥
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