• ☂️-
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    1 day ago

    does that mean it will impact their ability to do violence throughout the planet?

    this is looking like bigger news than we are giving it credit for.

    • bitofarambler
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      151 day ago

      not for a while, since the US has stockpiles and other outside sources and domestic resources, plus the defense and military arms of the US government will be the last industry to be affected by these import sanctions.

      If these Chinese sanctions remain in place for any amount of time however, they will affect US corporate bottom lines much more rapidly and significantly than they affect the DoD, which is no small thing.

      Corporate policy is argued to have determined the outcome of the '24 US presidential election, so the ramifications of further industries-wide vast US corporate loss in addition to the 11 trillion already lost are likely to lead to further policy change like the blocking of presidential tariff authority underway now.