Fun fact, just the YoY growth in March is equivalent to 65% of total US steel production.
Fun fact, just the YoY growth in March is equivalent to 65% of total US steel production.
In other words no country is begging for a deal despite how Trump said countries were lining up to kiss his ass.
"
The Trump administration plans to use ongoing tariff negotiations to pressure U.S. trading partners to limit their dealings with China, according to people with knowledge of the conversations.
The idea is to extract commitments from U.S. trading partners to isolate China’s economy in exchange for reductions in trade and tariff barriers imposed by the White House. U.S. officials plan to use negotiations with more than 70 nations to ask them to disallow China to ship goods through their countries, prevent Chinese firms from locating in their territories to avoid U.S. tariffs, and not absorb China’s cheap industrial goods into their economies.
...
One brain behind the strategy is Treasury Secretary Scott Bessent, who has taken a leading role in the trade negotiations since Trump announced a 90-day pause on reciprocal tariffs for most nations—but not China—on April 9.
Bessent pitched the idea to Trump during an April 6 meeting in Mar-a-Lago, said people familiar with the discussion, saying that extracting concessions from U.S. trading partners could prevent Beijing and its firms from avoiding U.S. tariffs, export controls and other economic measures, the people said.
Bessent's head is absolutely going to roll if there are no major breakthroughs at the end of the 90 day period. The very fact that China has traded blow for blow with the US ought to give all the other nations a lot of confidence in negotiations.
The tactic is part of a larger strategy being pushed by Bessent to isolate the Chinese economy, which has gained traction among Trump officials recently. Debates over the scope and severity of U.S. tariffs are ongoing, but officials largely appear to agree with Bessent’s China plan.
It involves cutting China off from the U.S. economy with tariffs and potentially even cutting Chinese stocks out of U.S. exchanges. Bessent didn’t rule out the administration trying to delist Chinese stocks in a recent interview with Fox Business. "
Soft Power is much more than leather bags and Cathedrals. if you add the quantitative numbers of European countries for Soft Power in the list. Europe just 11 countries have majority of World Soft Power and this before Trump. if you add the two Arab countries Soft Power together it already more than US with less than 20m population.
Woah, did not expect the Chinese exposure of European luxury brands to gain this much traction. Definately a law of unintended consequences here, since I doubt the CPC is giving luxury brand manufacterers orders to post these vids and this is a time where China wants to build more bridges with the EU, so launching an all out assault on one of the last pillars of European soft power probably isn't something they had in mind.
I joked once after DeepSeek's launch that Europe realized its only relevance to the world were handbags and cathedrals. They can now thank Trump pretty soon, the only thing they'll have left are cathedrals.
Bet everyone was wishing they're Italian right now, since at least the Italians can say they have cathedrals and spaghetti.![]()
African students break away from big four
At its inaugural conference in Nairobi, Kenya earlier this month, the company hosted universities from 15 countries including emerging destinations like Germany, Ireland, France, UAE, Türkiye, Hungary and Cyprus as well as from the big four. Universities were asked to pitch their destinations to students, with the students voting on the ultimate winner.
To the surprise of the organisers, students and parents present picked Cyprus, followed by Türkiye, as the best education destinations. “This serves as a small anecdote that these non-traditional destinations are gaining interest,” Premji noted.
On the other hand, Türkiye, another major destination, hosted as of January 2023 – marking a triple growth from the 19,000 studying there in 2019.
In Northern Cyprus, an important route to Europe for African migrants, out of around 50,000 foreign students enrolled there in 2022, of them were from Nigeria alone, with the Democratic Republic of Congo being another significant contributor.
Thousands of African students to Georgian universities in 2023, following the Russian invasion of Ukraine where no less than 20,000 African students were studying prior to the hostilities.
Trump is attributing the price gouging of US big pharma to the lack of tariffs.
Wow, who would have f*cking guessed that people aren’t enthusiastic about any deals. The deal on offer for ‘first movers’ is a thorough beating up front, exchange your savings for more IOUs and then 1 lash a month for good measure vs for ‘later takers’ a thorough beating up front, exchange your savings for more IOUs and 10 lashes a month for being late. Have they forgotten that they were the ones that declared, the tariffs was non-negotiable so either f*cking way you still get shafted regardless of what you do.
With these great deals they are surprised no one is lining up to take it up the A*s. At this point why not just outright declare all assets other nations hold in the US will be ‘liberated’ Venezuela style. It’s practically no different.
Also let’s not forget that any deals can just waved off, since this has already happened, if the US ‘feel’ they are not getting enough and we can do that A*s R*pe all over again. Then to have the US tell you how nice God Emperor Trump is treating you. Hmm… gee… why would no one take any of our deals?
Did we enter the event horizon and ended in an alternate universe without the whole world knowing, where things don’t make sense anymore.
Right on cue. Can't compete except you start coercing others to join you using blackmail tactics. How the mighty has fallen.
"
The Trump administration plans to use ongoing tariff negotiations to pressure U.S. trading partners to limit their dealings with China, according to people with knowledge of the conversations.
The idea is to extract commitments from U.S. trading partners to isolate China’s economy in exchange for reductions in trade and tariff barriers imposed by the White House. U.S. officials plan to use negotiations with more than 70 nations to ask them to disallow China to ship goods through their countries, prevent Chinese firms from locating in their territories to avoid U.S. tariffs, and not absorb China’s cheap industrial goods into their economies.
...
One brain behind the strategy is Treasury Secretary Scott Bessent, who has taken a leading role in the trade negotiations since Trump announced a 90-day pause on reciprocal tariffs for most nations—but not China—on April 9.
Bessent pitched the idea to Trump during an April 6 meeting in Mar-a-Lago, said people familiar with the discussion, saying that extracting concessions from U.S. trading partners could prevent Beijing and its firms from avoiding U.S. tariffs, export controls and other economic measures, the people said.
Bessent's head is absolutely going to roll if there are no major breakthroughs at the end of the 90 day period. The very fact that China has traded blow for blow with the US ought to give all the other nations a lot of confidence in negotiations.
The tactic is part of a larger strategy being pushed by Bessent to isolate the Chinese economy, which has gained traction among Trump officials recently. Debates over the scope and severity of U.S. tariffs are ongoing, but officials largely appear to agree with Bessent’s China plan.
It involves cutting China off from the U.S. economy with tariffs and potentially even cutting Chinese stocks out of U.S. exchanges. Bessent didn’t rule out the administration trying to delist Chinese stocks in a recent interview with Fox Business. "
From the looks of it, it’s more about materials preparations, so they will ‘making’ the materials necessary to produce batteries components and not batteries or the components themselves, never mind cells.It appears Tesla is now doubling down on India for its batteries.
View attachment 150133
The full ad looks like this:
View attachment 150134
Correct me if I'm wrong, but India has basically zero supply chain in batteries. I don't see how they will build one up without the participation of China? Is Xi going to let CATL and the other big companies just transfer tech like this? My impression is that the mood in Beijing has soured after American trade war (and India is still often seen as an appendage to the West).