Mm-hmm..
Quote:
For the first time ever, two Chinese aircraft carriers operated simultaneously in the western Pacific beyond a strategic island defense line meant to keep China's naval forces in check.
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Mm-hmm..
Quote:
For the first time ever, two Chinese aircraft carriers operated simultaneously in the western Pacific beyond a strategic island defense line meant to keep China's naval forces in check.
More...
I'll save you the search since you are so quiet about it.
https://pro.morningconsult.com/analy...content=061025
You might need to use blockpaywall to get to it but the summary is things are better now than they have been the last two years. Auto and auto parts inventory is actually higher than 2 years ago. Reasons include covid. Tariff impact is looming for sure, but it's not going to be anything like covid was and all the analysts say it depends on what happens with negotiations in the next 30 days. So keep posting your chicken little thoughts, while the rest of us use actual data.
So we have a trade deal with China now. Somehow this doesn't feel too much like losing.
Quote:
US says deal with Beijing will expedite rare earth exports from China
https://www.reuters.com/world/china/...ay-2025-06-26/Quote:
China had committed to removing non-tariff countermeasures in May talks
China's dual-use restrictions slow rare earth licensing process
Trump says there might be a separate deal with India
Just as I predicted..
https://i.imgur.com/6FD5Gtc.png
https://x.com/DKThomp/status/1951263942413574420
https://i.imgur.com/9ZGt3LD.png
https://x.com/DKThomp/status/1951314698814521652
The economy is getting so bad Trump has to fire the people who report on the economy.
So he admits it is growing>
Highest taxes since the 1930s. I'm sure we'll enjoy it just as much as people did back then. The only thing that can save Trump is that the tariffs are patently illegal and will eventually, hopefully soon, be struck down by the courts.Quote:
After months of delays and negotiations, President Donald Trump's tariffs on imported goods from 70 different countries went into effect on Thursday.
A 10% minimum tariff on imports from all countries is now in place, with higher rates applicable to goods from some nations. Additionally, there is a 50% import tax on copper.
The new tariffs have raised the effective tariff rate paid by U.S. consumers to the highest level since 1934, according to the Yale Budget Lab. The effective tariff rate is now 18.3%, up from 16.6% prior to the implementation of the new tariffs.
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