As the world looks towards Osaka, Japan, where world leaders will gather for the 2019 G20 Summit and Ministerial meetings later this week, former Missouri Speaker of the House Tim Jones discusses the current trade conflict between the United States and China and the implications of the looming supply disruptions for U.S. domestic industries as China considers playing the Rare Earths card.
On the show, McGroarty makes clear that we have entered a new dimension of warfare:
“There was never a time in which the United States was equipping its military with materials that were being sold to us by the Soviets. (…) This is a very unusual situation we’re in with China. (…) These are the metals and minerals of the 21st Century. These are the tech metals that we need as a society. (..) The trade war… we might solve that. But underneath the trade war, there’s a tech war going on, and I don’t think we’ve even begun to realize that.”
Originally aired on 6-23-19, the segment of the Tim Jones Show is available via podcast here.