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Re: tedro84 post# 38924

Friday, 07/13/2018 7:40:12 PM

Friday, July 13, 2018 7:40:12 PM

Post# of 115952
I for one was very happy to see tariffs on rare earths. Fundamentally I am against tariffs, but in a case where a foreign state controls the lions share of a critical substance and artificially lowers the market value to retain control of the market, tariffs can and will help to make a fair playing field.

The US lost it’s hold on REs due to China tanking the market value of REs, making it nearly impossible to make a profit mining them in the US. Over regulation just helped play into China’s hand.

I’m a lover of capitalism, but a free market can’t work on its own when China manipulates it.
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