ASM australian strategic materials limited

Relevant Media, page-3784

  1. 9,345 Posts.
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    Rather than me 'explaining it to you' why don't you and a few others pick up a history/finance book or two and understand a little thing called the 1948 General Agreement on Tariffs and Trade (GATT), in which funnily enough the US was the key player. And 80 years of global market liberalisation pushed by Democrats and Republicans (Reaganomics probably the biggest regime push) alike, that has championed the notion and evolution of free trade globally, that Trump and co. now throw their toys out, not understanding basic finance principles, or that many American iconic products are keenly manufactured already across complex international boundaries of manufacturing specialisation that have jack to do with lower wages and every thing to do with international economic cooperation that American companies have pushed (the Apple phone you may be typing on is entirely made in China for example, entirely at Apple's, and here is the key word, "FREEDOM" of economic decision making in a free-market environment):


    https://hotcopper.com.au/data/attachments/6925/6925962-d2950685142dafb8a200fee9c2e87b4e.jpg

    Meanwhile, as opposed to pro-Trump political ramblings devoid of any understanding of a global economy and financial system that American companies and governments have been the most active agents of liberalisation to enable them to offload $36 trillion in national debt so they could fatten themselves up with massive trade and fiscal deficits for years, lets understand that the US situation was entirely of their own policy and decision making of years. Not some attack by other countries. The WTO is actually a universal 'consensus' decision making multilateral body, that if anything, often favours the US on decisions (even when China simply reinstated reciprical tariffs in the past):

    https://www.export.org.uk/insights/trade-news/wto-rules-in-favour-of-the-us-and-against-china-in-tariff-case/

    "What's going to happen when the other countries reduce their tariffs to zero?"

    Oh dear, you show your ignorance. Did you not hear of China's response 34% and more rare earth restrictions. You know that country that, like all of us, will get dry drilled in this mayhem, but now has a domestic economy to rival the US that is growing not declining, so doesn't actually need to yield to zero, particularly with a non-democratic government and loyal people that will not blink before the US public does.

    Meanwhile, if you actually followed China's response, which you clearly had not, THAT IS DIRECTLY RELEVANT TO ASM, rather political sound-biting of idiotic political strategy, China is continuing to tighten and widen its net of rare earth restrictions to the US in response the Trump International Tariffs:

    https://www.bloomberg.com/news/articles/2025-04-04/china-imposes-34-tariffs-on-all-us-imports-as-retaliation

    ASM is increasingly likely to fair better than most companies from this irrational economic mayhem.
 
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