News / china
-
1 min read
Thirty Billion and a Soccer Ball
Read more . . . →The US and China just released their big tariff deal. Seventy-seven items get relief. The list includes fireworks, Christmas ornaments, tableware, and soccer balls. That’s the headline from the summit: you can buy a cheaper soccer ball now. Meanwhile, tariffs have cost the average American household over $2,500 this year. Congratulations, you got about nine percent back. Mostly in ornaments. This is the cycle. Break something big, fix something small, hold a press conference. The Supreme Court ruled the IEEPA tariffs unconstitutional back in February. Didn’t matter. Trump kept collecting and now wants a standing ovation for agreeing to stop...
Subscribe →Weekly digestOne email per week with the tracks worth your time. No spam, no Coldplay. -
1 min read
Chinese State TV Had a Better Seat
Read more . . . →Trump banned CNN, MS NOW, and Politico from the White House for writing things he didn’t like. A federal judge told him that was unconstitutional. The White House kept barring reporters anyway. And while American journalists stood outside on the sidewalk, Chinese state media walked right in to cover Xi Jinping’s state dinner. The President of the United States gave a propaganda arm of the Chinese Communist Party more access to his own house than the American press. This is the same man who spent a decade calling China the greatest threat to American security. The same guy who slapped...
Subscribe →Weekly digestSundays. One email. Zero ballads from white guys in beanies. -
1 min read
China got Boeing planes. You got a $1,500 tax bill.
Read more . . . →The whole sales pitch was that China was going to pay. Not you — China. Tariffs were going to force them to capitulate, manufacturing was coming home, and American workers were going to win big. What actually happened: tariffs hit 145%, the US shed over 100,000 manufacturing jobs, small manufacturers watched their profit margins drop 24%, and the average household is out $1,500 this year in higher prices. Not China. You. So Trump flew to Beijing. First US president to visit China in nearly a decade. He came back with soybeans and Boeing planes. China agreed to buy American agricultural...
Subscribe →Weekly digestWhat you missed this week, minus the corporate emo. -
1 min read
Trump Goes to China With Nothing
Read more . . . →The Supreme Court told Trump his tariffs were illegal. His response was to slap on a new 15% global tariff using a law that expires in 150 days. And now — today — he’s boarding a plane to Beijing for a summit with Xi Jinping. The man who spent a year screaming about China eating America’s lunch is flying to China with the legal equivalent of a parking ticket in his back pocket and calling it leverage. Trump got his signature economic policy struck down 6-3 by a court that includes three justices he appointed. His replacement tariffs are temporary,...
Get the tee →Support the blogSome shirts are statements. This one is a verdict.