Miscellaneous News

[siegecrossbow]

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Another interesting reading

Live well brothers! Every day that passes is a a day closer to the Deep State and their criminal Wall St. friends being forced to grind XJP Thought 12 hours a day!

 

[Ringsword]

Too much leaded gasoline fumes.

No,just way.way too much alcohol-these people drink like fish-I know-got friends up there who collect their wine/alcohol bottles-they drink by the case.

 

[lych470]

https://twitter.com/i/web/status/1911785544188559661

Notice how fast and direct this was? The west still think Vietnam and China hate each other so nothing would get done. The thing they don't get is even if they both massively disliked each other, the deal would still get done because that's called being professional and they leave personal feelings at the door.

That's why China still gives Vietnam so much stuff because at the end of the day Vietnam still can be entrusted to carry out it's duties professionally. It's actually very easy compared to some *ahem* countries. 1000 years of experience here. At this point a boss and his department staff should by instinct know how the protocols are done.

Well they are both Socialist countries with a responsible Communist Party in charge. Actual Left Solidarity, which might be hard to comprehend for Western Liberals.

 

[lych470]

Now the EU is issuing burner electronics to their gov when visiting the US because the threat of confiscation or espionage.

https://twitter.com/i/web/status/1911772641670697260

I think China got lucky that MAGA is driven by emotion, ignorance, and white supremacy. This guy is again bashing the Vietnamese

https://twitter.com/i/web/status/1911837224930521317

.

Navarro and the paleocons only see things through a lense of colonialism and exploitation.

I know @siegecrossbow is generally joking but actually learning XJP Thought will do wonders for the US ruling class. Broaden their mind, so to speak.

 

[FriedButter]

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Sony hikes PlayStation 5 price by 25% as Trump tariffs bite​

Sony has increased the price of its PlayStation 5 by 25% as the video game industry reels from the impact of Donald Trump’s tariffs.

The Japanese game developer said it had made the “tough decision” to raise the price of the console’s digital edition to £429.99 in the UK and €499.99 in Europe, starting from Monday. There will be no price change for the standard PS5, which comes with a disk drive.

The company cited “a challenging economic environment, including high inflation and fluctuating exchange rates” behind its decision to increase the retail price of the PS5 in some markets in Europe, the Middle East, Africa and Oceania.

In Australia, the standard PS5 will rise to A$829.95, while the digital edition will increase to A$749.95. In New Zealand, the standard console will increase to NZ$949.95, and the digital to NZ$859.95.

The technology industry has been grappling with the possible impact of President Trump’s tariffs on its supply chains. Rival Japanese game developer Nintendo unveiled its new handheld console, the Switch 2, the day before Trump launched his barrage of “reciprocal” tariffs on foreign goods on 2 April. A few days later, the company postponed preorders of the device in the US, as it said it would need to assess the potential effect of tariffs.

Japan was hit with a 24% tariff on its exports to the US on Trump’s “liberation day” on 2 April. Like most of Trump’s new tariffs, they have been paused for 90 days. However, the Japanese prime minister, Shigeru Ishiba, said on Monday that his country did not plan to make big concessions in negotiations with the US and that it would not rush to reach a deal. Talks between the two governments are due this week.

Companies such as Apple, whose products are largely assembled in China, are also bracing for higher costs. Analysts at the investment bank UBS have warned that the price of an iPhone 16 Max, with 256GB of storage, could rise 79% from $1,199 (£915) to about $2,150 (£1,600), based on a total tariff of 145%.

While there is still a great deal of uncertainty around Trump’s trade policy, Japanese shares rose on Monday after the US said it would pause levies on some electronics, including smartphones. Tokyo’s index of blue chip stocks, the Nikkei 225, closed up 1%.

However, US officials said on Sunday that the pause on smartphones, laptops and other electronic products from import tariffs on China will be short-lived, with Trump warning on Sunday that no one was “getting off the hook”.

The Japanese game developer said it had made the “tough decision” to raise the price of the console’s digital edition to £429.99 in the UK and €499.99 in Europe, starting from Monday.

The company cited “a challenging economic environment, including high inflation and fluctuating exchange rates” behind its decision to increase the retail price of the PS5 in some markets in Europe, the Middle East, Africa and Oceania.

Trump Launches Trade War

Sony Responses by hiking prices globally except for Americans.

 

[supercat]

https://twitter.com/i/web/status/1911879372107292947

America: this hunger strike is unsustainable, nobody wants me to die.
China: no one?

The same BESSENT:

https://twitter.com/i/web/status/1911879561446580530

No wonder China doesn't take the US regime seriously.

Popular tweet of the day:

https://twitter.com/i/web/status/1911281037398909284

A long overdue rebuttal of Michael Pettis by Han Feizi - Pettis is the one who insisted that China's growth rate would be 2-3% in the 2010s. To begin, Pettis' accusation that China doesn't consume enough is nonsense (see chart below).

• Fundamentally, Pettis believes that America runs persistent trade deficits because Asia has implemented policies that incentivize production at the expense of consumption and is externalizing those imbalances onto the US, the “consumer of last resort.”
• The concern that Pettis displays for China’s put-upon consumers does not hold water. In the past few decades, under this system, China has increased household consumption faster than any other economy, all 194 of them (see chart above).
• The two most dangerous ideas promulgated by Pettis are 1) China’s economy is wasteful, inefficient and on the cusp of stagnation, and 2) consumption creates value.
• But perhaps more pernicious is this economic fallacy that consumption creates value and that China’s factory workers need American consumers more than American consumers need China’s factory workers.
• Similarly, the Pettis MO is to take something conventional– efficiency gains drive wage growth – and flip it on its head in a way that soothes American anxiety. High wages drive efficiency!

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[AssassinsMace]

Lol. The White House deputy chief is demanding China capitulation.

https://twitter.com/i/web/status/1911518069253607648

The US "also" has levers...? That's different because before it was the US had all the levers. "Also" suggests they're giving new news that very few knew about or they just surprisingly found out that China has levers too and they don't want everyone who've already forgotten to remember they're still there...

 

[AndrewJ]

Oh no!

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[lych470]

The US "also" has levers...? That's different because before it was the US had all the levers. "Also" suggests they're giving new news that very few knew about or they just surprisingly found out that China has levers too and they don't want everyone who've already forgotten to remember they're still there...

"The Nazi's entered this war on the rather childish delusion that they were going to bomb everybody and nobody was going to bomb them." - Sir Arthur "Bomber" Harris​

 

[AssassinsMace]

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News for you. The US doesn't import Chinese EVs in the first place so no diversion of "over-capacity" to Europe going to happen because of it. The model of Western journalism is how much sh*t can you spin from nothing.