4.4 • 650 Ratings
🗓️ 4 November 2025
⏱️ 28 minutes
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RACE for rare earths. War on BRICS
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| 0:00.0 | All right, Alexander, let's talk about U.S.-China relations. |
| 0:04.5 | Let's talk about Russia-China relations. |
| 0:07.3 | And perhaps we can start the video off by maybe going over the Trump-Zhi meeting in South Korea. |
| 0:17.2 | We've had a few days to get more information about the meeting, the summit, what was agreed on, |
| 0:25.5 | what was not agreed on, and it does look like both sides are still not fully aligned as far as |
| 0:35.9 | what the actual outcome of the summit was, which leads me to believe |
| 0:40.0 | that we may be back at another negotiation, not in a year's time, but maybe even in a couple of |
| 0:47.2 | months' time, with more tensions between China and the United States. |
| 1:03.3 | And we also have some revelations with regards to the actual tariffs that the United States now has on China. |
| 1:17.4 | Actually, a better way to put it is China's, we have more data about how China successfully negotiated the Liberation Day tariffs down to a very low percent, |
| 1:28.5 | which indicates that in this summit between Trump and Xi, Xi came out far, far ahead on these negotiations. |
| 1:35.9 | And Trump, while he's painting a very positive picture of the negotiations with Xi, |
| 1:41.1 | it's obvious that he does not have the leverage over China that he wants. |
| 1:47.4 | And even Bessent is now saying that the United States is now in a race to solve the rare earth mineral problem that they have with China. And he's talking about |
| 1:55.7 | some rare earth mineral miracle or warp speed 2.0 where the United States will be able to |
| 2:03.3 | take away China's leverage over them with rare earths in about a year's time. I don't know if that's |
| 2:10.8 | possible or how that's possible, but this is what Scott Besson is saying. So obviously the United |
| 2:15.5 | States now understands that China is holding |
| 2:19.5 | all the cards and they look at it as a one-year time frame in order to take away those cards |
| 2:26.9 | from China. Absolutely. I think you've summed it up exactly. There is complete difference in the way |
| 2:33.5 | that the Chinese and the Americans are reporting what happened in South Korea. The Americans continue to get this impression that this was somehow a pause, that we've gone back to what was agreed in September in Madrid, which is basically a tariff pulse, and that it's a time in order to give the US, it gives the United States a year's grace, basically, to break China's lock grip on rare earths. |
| 3:12.0 | But if you go to what the Chinese Commerce Ministry are saying, their explanation of what was |
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