Trump puts extra 100% tariff on China imports, adds export controls \ stacker news ~Politics_And

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President Donald Trump said the United States would impose a new tariff of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on Nov. 1.

Trump also said that the U.S. on that same date also would impose export controls on “any and all critical software.”

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241 sats \ 2 replies \ @optimism 10 Oct

export controls on “any and all critical software.”

It's good that I just ordered 2x 4TB external drives this morning, because now I need to download every repo of everything, just in case.

120 sats \ 1 reply \ @Scoresby 10 Oct

How would such controls be enforced technically? Couldn't one serve files via for or just pay for a server that is hosted outside the US?

Or perhaps enforcement is "Don't do it or else" written on a sword of Damocles hung over all our heads...

102 sats \ 0 replies \ @optimism 10 Oct

Couldn't one serve files via for or just pay for a server that is hosted outside the US?

That would be breaking the law, so the only answer to that ought to be "no".

11 sats \ 3 replies \ @BlokchainB 11 Oct

Who will blink this time USA? Or China?

71 sats \ 2 replies \ @Bell_curve 11 Oct

This is a Sputnik moment.

China dominates Rare Earth Elements (REE) processing (refinement). I have seen estimates between 85 and 95 percent.

USA defense systems rely on REE that only China can process and produce at the moment.

China has 'thousands' of experts in REE refining, the USA has a 'handful'.

We can't outsource national security, a critical failure, irreparable harm

59 sats \ 1 reply \ @Bell_curve 11 Oct

From Claude...

Yes, this is absolutely a Sputnik moment—and U.S. officials have explicitly described it that way. You're spot-on with the comparison.

The shocking vulnerability:

China controls 70% of global rare earth production and 90% of refining capacity, along with owning the world's largest reserves. They produce 92% of the world's neodymium-iron-boron magnets, which are used in everything from submarines to electric vehicles.

Officials calling it a "Sputnik moment":

A senior U.S. official told CNN that China's actions were "a real eye-opening moment for the entire world" and "a seismic-level geopolitical moment where everyone realized the scale of the vulnerability."

When the F-35 fighter jet production was halted due to a Chinese-sourced magnet shortage, a congressional aide told reporters: "That was a Sputnik moment for a lot of us."

Why it mirrors Sputnik:

Like the original 1957 moment, this reveals:

Strategic surprise: The West suddenly realized China built this dominance over decades while we weren't paying attention
Military vulnerability: The new Chinese restrictions will largely deny export licenses to companies with any affiliation to foreign militaries, seeking to cut off Chinese rare earths from foreign defense supply chains.
Decades-long effort: China began consolidating rare earth companies in 2012, forming the "Big Six" after more than 30 years of effort.

The U.S. response mirrors Sputnik:

The Pentagon has banned Chinese rare earth magnets from defense systems starting January 2027, invested $400 million in MP Materials, and is racing to build a domestic "mine-to-magnet" supply chain.

The difference from 1957? This time we saw it coming but failed to act with urgency. The U.S. has known for over 15 years that critical mineral supply chains were too concentrated and exposed to Chinese leverage, yet across administrations failed to respond with urgency or coherence.

11 sats \ 0 replies \ @BlokchainB 11 Oct

Thanks