Trade Wars: USA, Rare Earth Elements, China, and Europe

COGwriter

Trade disputes seem to be growing between the USA and China:

China accuses US of ‘economic terrorism’ as trade war tensions escalate

May 30, 2019

China accused the Trump administration of committing “economic terrorism” on Thursday, escalating its war of words with the United States amid rising trade tensions between the two countries.

The Ministry of Foreign Affairs said the White House had “brought huge damage to the economy of other countries and the US itself,” spokesperson Lu Kang told reporters in Beijing on Thursday.

Lu described US trade policy as “typical economic terrorism, economic hegemonism, and economic unilateralism.” …

The People’s Daily, the newspaper of the ruling Communist Party, used the loaded phrase in a commentary on Wednesday, in which it said that China would “never accept” the US’ suppression of Chinese development.

“At present, the United States completely overestimates its ability to control the global supply chain and is due to slap itself in the face when it sobers up from its happy, ignorant self-indulgence,” said the commentary published under the pseudonym Wuyuehe. “Don’t say we didn’t warn you.”

The phrase has, in the past, been reserved by the Chinese state media for times of serious conflict. https://www.cnn.com/2019/05/30/asia/china-us-peoples-daily-trade-war-intl/index.html

Here is more on the rare earth element situation:

May 30, 2019

Rare earth minerals are a common part of people’s lives — and their futures.

If you have a smartphone or computer, own a flat-screen TV, drive a hybrid car or use a myriad of other high-tech devices, you’ll no doubt come into contact with these elements — mined from the earth’s crust and supplied predominantly by China — countless times a day.

But they are also used in obscure but powerful ways that ensure some of the biggest companies in the world can keep churning out those products.

Now, rare earths have become a bargaining chip in the expanding trade war between China and the United States …

Rare earth minerals are a crucial component of products that cut across the U.S. economy …

Despite their name, rare earths aren’t all that rare. The U.S. Geological Survey describes them as a “relatively abundant group” of 17 chemical elements. What makes them unusual, however, is that they’re difficult to extract in high concentrations from the ground.

The elements’ names, which include cerium, promethium, scandium, might sound like something out of science fiction, but each one can be used for a variety of purposes — from making magnets, batteries and lights, to glass production and the cooling of nuclear rods.

The U.S. military also depends on rare earths for the construction of equipment used in satellites, lasers, jet engines, radar and sonar systems, and other sophisticated machinery. …

Are rare earths at stake in this trade war?

China’s President Xi Jinping may have tipped his hand last week when he toured a region of China that calls itself a “rare earths kingdom.”  https://www.nbcnews.com/tech/tech-news/u-s-china-trade-war-rare-earth-elements-think-smartphones-n1011561

I have been warning about China’s dominance of rare earth elements since 2009 (e.g. see China’s Rare Earth Power). They look to be one area that China feels its dominance can help it with the trade disputes with the USA.

The USA is also having trade/sanctions issues with others including Russia, Iran, Venezuela, Turkey, and North Korea.

And then there is Europe.

Trump Risks New Front In Trade War As Talks With Europe Falter

May 30, 2019

With global trade in free fall…

…And with slumping sales already weighing on the global auto industry, a critical engine (no pun intended) of Europe’s industrial economy, EU bureaucrats now find themselves in the uncomfortable position: They’re at the mercy of Washington and President Trump, who has been threatening to open up another front in his trade war by slapping ‘Section 232″ national security tariffs on imports of cars and car parts (with exceptions for USMCA partners Canada and Mexico). …

n a discouraging sign of things to come, trade talks in Washington and Paris this month made little progress, which leaves more muddling or a sharp escalation as the most likely paths. https://www.zerohedge.com/news/2019-05-30/trump-risks-new-front-trade-war-talks-europe-falter

EU-US TRADE WAR, IRAN SANCTIONS

EURUSD is also finding increasing pressure against the backdrop of souring political relations between Washington and Brussels. The divergence in EU-US policy toward Iran led European member states to create a Special Purpose Vehicle (SPV) that allowed European-based companies to circumvent US sanctions against Tehran by allowing non-US Dollar denominated transactions.

However, officials in Washington today announced that the EU may incur penalties in the form of sanctions if they continue with this economic program. After the news crossed the wires, crude oil prices spiked as investors’ fear over prospective supply disruptions swelled. Adding to the risk are the ongoing US-EU trade negotiations which may end up requiring Europe to adopt the current administration’s policy toward Iran. https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2019/05/30/EURUSD-Outlook-Hinges-on-US-GDP-Trade-Wars-Iran-Sanctions.html

Europe is trying to figure out how to handle this, and one way is to work to decrease the dominance of the US dollar in international trade.

Iran, Russia, China, and others are also looking to do that.

The Trump Administration has helped push China and the EU closer together on trade matters. Last month, they officially moved closer (see ‘EU and China sign a Mandate of Trade Heaven’)–and they are not done.

Notice some comments in my book, Donald Trump and America’s Apocalypse:

Donald Trump’s foreign policy statements have unsettled many—in the U.S.A. as well as foreign nations. He seems like he will more unpredictable than Richard Nixon.

There is also something referred to as the “law of unintended consequences.” There are consequences for the U.S.A., Europe, and elsewhere that have and will occur because of Donald Trump’s statements and actions. …

European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the USA dollar from its position. Those in Iran and some of the Arab lands, along with nations such as Brazil and India have discussed plans for the removal of the dominance of the USA in global trade as well. (Thiel B. Donald Trump and America’s Apocalypse. Nazarene Books, 2017)

Some may be interested in seeing that “Trade” was #8 of in my article 19 items to prophetically watch in 2019 . Here is something related to Latin America, Europe, and trade in that article:

For a time, Babylon will dominate world trade:

2 And he cried mightily with a loud voice, saying, “Babylon the great is fallen, is fallen, and has become a dwelling place of demons, a prison for every foul spirit, and a cage for every unclean and hated bird! 3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury.” (Revelation 18:2-3).

While ‘Babylon’ will not fully reign in 2019, with the USA pulling out of trade deals and/or wishing to change them, steps are occurring that are pushing Europe to dominate trade (watch Trade Wars: Are COG warnings coming to pass?). The Europeans have been working with Latin America, China, Russia’s Eurasian Union, and other areas of the world to try to set up its dominance of world trade as well as standards for world trade.

A related sermon was also produced and uploaded: 19 items to watch in 2019.

Threats of tariffs and sanctions by the USA are getting the Europeans to work to try to develop trade in Asia (see EU makes world’s largest ‘free trade deal’ as some see EU moving towards totalitarian fascism and watch China’s Silk Road and Babylon the Great) and Latin America (see EU looking to make world’s biggest trade deal with South America).

The Bible prophesies the following in the Book of Revelation:

2 … Babylon … 3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury. (Revelation 18:2,3)

The above is referring to the fact that nations of the world are prophesied to get wealthy trading with end time Babylon, which will be a European entity. This European power will have religious ties to the City of Seven Hills–the Church of Rome:

1 Then one of the seven angels who had the seven bowls came and talked with me, saying to me, “Come, I will show you the judgment of the great harlot who sits on many waters, 2 with whom the kings of the earth committed fornication, and the inhabitants of the earth were made drunk with the wine of her fornication.” (Revelation 17:1-2)

9 Here is the mind which has wisdom: The seven heads are seven mountains on which the woman sits. … 18 And the woman whom you saw is that great city which reigns over the kings of the earth.” (Revelation 17:9,18)

The Bible tells of a trading power arising in Europe that is tied to the City of Seven Hills. Europe, the United Nations, and the Vatican have stated that they have agreed on essentially the same future for the world.

China is frustrated with the USA under Donald Trump. It would like to retaliate against the USA (rare earth elements may be one way). But it is also pushing for trade with the Europeans.

Ultimately, this will not go as well for the USA as the Trump Administration hopes. I have been warning since before Donald Trump became president that there would be “unintended consequences” of his policies.

Trade will be a factor in what can be called World War III–and this war will be a conflict with Europe (but the ‘shooting’ aspect of this will not happen before 2023; for some details, see When Will the Great Tribulation Begin?).

We continue to see steps that are leading up to it.

Some items of possibly related interest may include:

Trade Disputes: CCOG Warnings Are Coming to Pass Trade tensions and talks of trade wars have escalated. US President Donald Trump has put Europe, China, Mexico, and other lands on notice that he wants to change how international trade with the USA has been going. Tariffs, retaliatory tariffs, and even more tariffs are being implemented. Is this all just happenstance? Are we yet in a trade war? What will Europe do? Has the Church of God been warning about trade disputes and a coming trade war for decades? What about the Continuing Church of God (CCOG)? What has been warned, what has been happening, and what will happen? Will trade disputes be a factor in World War III (WW3)? Dr. Thiel explains what has been taught and what to expect.
Trade Wars: Are COG warnings coming to pass? Trade issues, tariffs, and talk of trade wars are in the news. Can trade wars lead to World War III like they did to World War II? Are the events going on with the USA, UK, Asia, and Europe consistent with warnings published by the true Church of God (COG) over the past several years and decades? Do Germany and China hope to take advantage of trade frictions involving the Trump Administration and the Trans-Pacific Partnership agreement? What about Mexico and South America? Does the Bible teach that Europe will become a major trading power? Will the final European Babylonian trading power be destroyed? Dr. Thiel addresses these issues and more in this video.
19 items to prophetically watch in 2019 Much is happening. Dr. Thiel points to 19 items to watch (cf. Mark 13:37), plus another, in this article. Here is a link to a related sermon: 19 items to watch in 2019.
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.

Donald Trump and Mexico’s future Mexico has increasingly been in the news because of statements and policies of US President Donald Trump. Many in Mexico are not intending to sit back and accept whatever Donald Trump attempts to force them to do. What will happen to Mexico? Will it make trade deals with Europe? Will it ultimately go to was against the USA? Will the Mexican economy drop at times and then improve? Dr. Thiel answers these questions and more in this video.
US Dollar being challenged by Gold-Petro-Yuan The US dollar has been the world’s primary reserve currency for decades. Is this about to change? What is going on with the Chinese yuan and oil and gold? What do the BRICS nations want? What did Venezuela do? Do the Europeans want to dislodge the US dollar as the world’s primary reserve currency? Does US debt play any role? Does the Bible tell us what will happen to the USA and its dollar? What happens if the USA loses its status? Will gold outlast the US dollar? Dr. Thiel addresses those issues and more in this video.
Gentile Cryptocurrency Proposal Two Russian leaders have called for a BRICS-wide and/or EAEU-wide cryptocurrency. This is hoped to be used to replace the US dollar for international trade. BRICS stands for Brazil, Russia, India, China, and South Africa. The BRICS nations represent 3.6 billion people. The EAEU includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Will Gentiles rise up? Are there any prophetic ramifications of what these nations are looking to do? This is a video.
World War III: Steps in Progress Are there surprising actions going on now that are leading to WWIII? Might a nuclear attack be expected? Does the Bible promise protection to all or only some Christians? How can you be part of those that will be protected? A related video would be Is World War III About to Begin? Can You Escape?
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? Two YouTube video are Is China THE Threat to the United States of America? and China: A King of the East.

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2027 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
When Will the Great Tribulation Begin? 2019, 2020, or 2021? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2018 o 2019? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter and newer video is: Might the Great Tribulation start in 2019?
The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.
Armageddon Who is involved and when will this gathering happen? Here is also a video from Dr. Thiel, from Tel Megiddo in Israel: Armageddon. Other videos include: Armageddon Will it come on Trump’s watch?, Iraq, Armageddon, & Prophecy, Freemasonry, Armageddon, and Rome, Is China paving roads to Armageddon?, and Jordan, Petra, and Armageddon.

Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Australia and New Zealand in Prophecy Do biblical prophecies help explain the wealth blessings for Australia and New Zealand? Might cursings from disobedience come in the 21st century? Here is a link to a related sermon: Australia and New Zealand: Origins and Prophecy.
Donald Trump in Prophecy Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill? Are there any prophecies that he has already helped fulfill? Is a Donald Trump presidency proving to be apocalyptic? Two related videos are available: Donald: ‘Trump of God’ or Apocalyptic? and Donald Trump’s Prophetic Presidency.
Trump Presidency Magic 8 Ball or Bible Prophecy? BBC reported that one might as well use a ‘Magic Eight-Ball’ to try to predict what will happen in the remaining time of Donald Trump’s presidency. What is a ‘Magic Eight-Ball’? Dr. Thiel not only explains that, but also briefly goes over 10 biblically-based warnings he wrote would happen if Donald Trump were elected that have already began to come to pass. He also goes over something he wrote back in 2008 that the Trump presidency is also helping lead to fulfillment. Should you trust Bible prophecy or not? Dr. Thiel says that Bible prophecy can be trusted, despite the view of skeptics and others that either overlook or despise the Bible. This is a video.
Donald Trump and America’s Apocalypse This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America’s Apocalypse.
Donald Trump and America’s Apocalypse-Kindle Edition This electronic version of the 188 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Donald Trump and America’s Apocalypse-Kindle Edition.



Get news like the above sent to you on a daily basis

Your email will not be shared. You may unsubscribe at anytime.