Rod D. Martin Profile picture
Founder/CEO, Martin Capital. "Philosopher Capitalist". Anti-Communist. Christian. Part of the team that started PayPal. SUBSCRIBE here and at https://t.co/wMQ2cCDkW9.

Oct 10, 6 tweets

🚨 BREAKING: President Trump has canceled his upcoming meeting with Xi Jinping and announced 100% tariffs on Chinese goods starting Nov. 1.

His reason? Beijing just imposed global export controls on rare earths — the materials that power the modern world. 🧵👇

2/ China controls 92% of rare earth refining — metals essential for EVs, semiconductors, fighter jets, & submarines.

Beijing is weaponizing that — sending letters to nations warning it’ll restrict exports on “virtually anything.”

Trump called it “sinister and hostile.” ⚠️

3/ “They’re holding the world captive,” Trump said.

But he’s striking back:

💥 100% tariffs on all Chinese imports starting Nov. 1
💥 New U.S. countermeasures against Chinese trade blackmail
💥 Full economic response to defend U.S. supply chains & sovereignty 🇺🇸

4/ Trump noted the hypocrisy: China depends on U.S. technology — chips, jet engines, biotech seeds, SWIFT systems — yet pretends to hold the upper hand.

“For every element they monopolize,” he said, “we have two.”

America’s economic arsenal is bigger — and Trump’s ready to use it. 🔥

5/ Beijing’s timing was a slap in the face.

On the same day peace broke out in the Middle East, Xi’s regime launched an economic war.

Trump: “Things that were routine are no longer routine. I will financially counter their move.”

That starts November 1st. 💣

6/ For decades, globalists let China dominate the supply chains that power the free world.

Trump is ending that dependence — permanently.

Tariffs. Reshoring. Energy independence. Peace through strength. And rapid development of U.S., Ukrainian, & Greenlandic rare earths.

Why Beijing wants this fight right now is unclear. But it's not a fight they're likely to win.

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