#video from the European Commission opposing #Trump #tariffs; the posture Ursula von der Leyen articulates here doesn’t seem to leave space for making common cause with China in response, though, promising more protectionist measures in response (and not just against the US). #politics
#video #news on #China and #USA #politics, mostly about #Trump #tariffs, mentioning that the #Hutchison ports sale to BlackRock has been paused by Beijing
#video #news Reva Goujon says, “China is doing some interesting things in its implementing its provisions for the anti-foreign-sanctions law, it’s talking about countermeasures that include suspending IP rights for US companies in #China. That’s explosive.” #USA #politics #human-rights #copyright
#video #news Ray Dalio criticizing #Trump but agreeing that the #USA’s trade imbalance is unsustainable and the lack of manufacturing is dangerous. But “3 million people, 1% of the population”, “are brilliant,” “half of them are foreigners,” “they go to the best schools”, and “make unicorns.” He’s also concerned about getting the budget deficit down to 3% of GDP and getting the debt down.
#video #news of (JPMorgan Chase CEO) Jamie Dimon saying it’s perfectly reasonable to say that trade barriers were unfair, not just #tariffs, but that a recession is likely.
#news #video from yesterday about two people from #China fighting in #Ukraine and captured by Ukrainian troops
#Al-Jazeera #news #video reports that Lula is also considering a “retaliation ... bill to give Brazil’s government [administration] broad powers to respond quickly to unfair trade barriers. It can increase its own #tariffs on imports as well as suspending the payment of intellectual property rights and royalties.” Lula says protectionism has no place in today’s world.
#video from yesterday, Victor Gao saying, “We retaliate against what the United States will do even at the cost of a total war between #China and the United States, in terms of tariff war, or trade war, or otherwise.” #tariffs #politics #news
#news #video about #China’s new #USA export restrictions (not a full ban) on #rare-earths and other #critical-minerals in response to #Trump #tariffs.