Jose Fernandez, U.S. undersecretary of state for economic growth, energy, and the environment, told reporters in Portugal on Oct. 8 that the Chinese regime is using its oversupply of lithium to price out global rivals.
“They engage in predatory pricing,” Fernandez said. “[They] lower the price until competition disappears. That is what is happening.”
Fernandez said China was producing much more lithium “than the world needs today, by far” and dumping it on the market, resulting in a steep price drop of 80 percent over the past year. China is now responsible for two-thirds of the world’s refined, battery-grade lithium production.
Portugal has 270,000 metric tons of lithium reserves, according to the 2022 U.S. Geological Survey, and its government has set goals to increase mining to advance energy goals. Local communities have opposed some of these new projects, saying they damage livelihoods and the environment.
Western countries have, in recent months, put up barriers against the Chinese Communist Party’s (CCP’s) trade practices. Although China joined the World Trade Organization in 2001, China is not a free-market economy, as its industries produce based on the state goals set by the authoritarian CCP.
For example, the European Union raised tariffs on Chinese electric vehicles only after determining via investigation that the regime had subsidized the industry to overproduce, subsequently dumping low-priced vehicles on the international market. This is a practice that can put global competitors out of business.
During a recent trip to Washington, Indian Minister of Commerce and Industry Piyush Goyal said China had “killed“ India’s manufacturing sector decades ago with the same tactic.
Asian countries have similarly hiked tariffs on Chinese imports. Japan this year increased duties on Chinese electrolytic manganese dioxide, another battery material, and Korea, whose electric vehicle market is already dominated by Chinese products, is cutting subsidies for vehicles using Chinese batteries. […]
— Read More: www.zerohedge.com
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
