TACO Tuesday Again | Metals Mine

  • TACO Tuesday Again

    From zerohedge.com

    Expect much self-serving market chuckling about ‘TACO Tuesday’ again as Monday’s US-China trade talks in London extend into today and headlines are that the US may loosen its export controls on some goods if China releases its on rare earths. Is that really a TACO though? These were unilateral US moves against China taken after the recent Geneva agreement, so dropping them this only takes us back to where we were weeks ago, and presumably for the clear deliverable of getting rare earths flowing again as the US had expected…. until the US has them flowing from elsewhere, that is. A true TACO --Truly Appalling ... (full story)

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The Fool
Jun 10, 2025 1:36pm
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The US needs China more than China needs the US. If China does not resume rare earths sales to the US by Summer's end, there will be shutdowns in production for US autos.

https://www.cnn.com/2025/06/10/busin...ross%20America.

Right now, US companies have only about two or three months’ worth of supply, according to Gracelin Baskaran, director of the Critical Minerals Security Program at the Center for Strategic and International Studies. After that, “industry simply could not manufacture” unless an agreement is reached between the US and China, she told CNN.
OutThere
Jun 10, 2025 4:15pm
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When Trump started his tariff war, what were the chances that he had no idea whatsoever that US needed rare earth minerals at all or if China had a monopoly on it?
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DonPato
Jun 10, 2025 5:22pm
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Of course he knew...in addition he also knows that North Dakota and Montana have a huge untapped reserve. Further, he now has a mining deal with Ukraine for thier reserve. He had effectively reduced China's "hammer" and now will bargain for the same minerals for less money giving the US time to develop the resources they already have.
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Hitman241424
Jun 10, 2025 12:33pm
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Some trader feeling insulted by “TACOS?
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Nordling
Jun 10, 2025 3:02pm
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For the guys who doesn't find "TACO" professional, truth is the term TACO is used by professional Wall Street traders
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Trader#556C
Jun 10, 2025 12:55pm
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Hahahahah, very nice article FF, very nice and true.
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denisbuble
Jun 10, 2025 1:16pm
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shame on you, not professional
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Trader#9D80
Jun 10, 2025 5:50pm
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Quoting DonPato
Of course he knew...in addition he also knows that North Dakota and Montana have a huge untapped reserve. Further, he now has a mining deal with Ukraine for thier reserve. He had effectively reduced China's "hammer" and now will bargain for the same minerals for less money giving the US time to develop the resources they already have.
How dare you invoke reality in this, yet another cope thread for low-t incel redditors
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Trader#362E
Jun 10, 2025 12:14pm
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Shit article. Fire factory needs to do better
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Trader#22F6
Jun 10, 2025 12:19pm
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So much politics in everything.
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