Miscellaneous News

[AssassinsMace]

Apparently tariffs by US and China will be reduced to 10% on each side.

 

[Proteus]

Apparently tariffs by US and China will be reduced to 10% on each side.

China has 20% for Fetanyl so total is 30% in US side, I think it quite fare for the next deal.

 

[argo]

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Erdogan wins again.

 

[gk1713]

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Announce such big deal at 3am, this gov really loves its people.

 

[TK3600]

As I expected, nothing substantial came out of the meeting - long way to go.

17:20 vice premiere struggle to hold laughter

20:20 head of commerce struggle and eventually fail to hold laughter

Thats how I knew something substantial coming. I am holding my stocks when I saw that.

 

[GulfLander]

https://twitter.com/i/web/status/1921763720742748541

....

https://twitter.com/i/web/status/1921816940441424270

 

[GulfLander]

With the Sino-U.S. deal done now, the US to lower to 30% for 90 days and China to lower to 10% for 90 days!

Now, with such a G2 arrangement, it is crystal clear that, just as India misjudged the “China+1” trend in 2020, it repeated the same miscalculation, missing yet another development window!

In October 2024, a breakthrough summit between Chinese and Indian leaders finally eased longstanding border tensions, and by March 2025, both nations issued positive remarks about their bilateral ties—something unseen in years.

However, as Trump wielded his "reciprocal tariffs" stick in early April, the fragile thaw in Sino-Indian relations was clouded by uncertainty.

On April 7, India’s Commerce and Industry Minister Piyush Goyal accused China of undermining the global economic order through unfair trade practices.

Four days later, Goyal doubled down, claiming that allowing China into the WTO was the root cause of today’s global trade crisis, while praising Trump’s tariffs as necessary and beneficial to the world, presenting a golden opportunity for India’s economic ambitions.

These statements reveal India's haste to align with Trump’s agenda on tariffs.

This approach has once again cast a long shadow over Sino-Indian ties, freezing the economic collaboration that had recently begun to warm.

By Mao Keji

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[GulfLander]

In my view, the successful meeting between Bessent and He may well represent a turning point: the US’ de facto recognition of China as a true “peer competitor”—not merely a "near-peer." This subtle yet powerful shift in posture has not gone unnoticed.

(How do you view this? Is this close to reality?)

https://twitter.com/i/web/status/1921759301284376957

 

[GulfLander]

Nissan Motor (7201.T), opens new tab will additionally slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15% of its workforce, Japan's public broadcaster NHK reported on Monday.
The struggling Japanese carmaker last month warned it would likely book a record 700 billion yen to 750 billion yen ($4.74 billion-$5.08 billion) net loss in the financial year that ended in March due to impairment charges.

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... .

https://twitter.com/i/web/status/1921710311234732393

 

[TK3600]

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Announce such big deal at 3am, this gov really loves its people.

Announce when normal people sleep, those in know will prepare. Wealth redistribution time!