5 takeaways from Biden's tariff hikes on Chinese electric vehicles
"Biden wants to cut emissions in a specific way, which is why EVs and other clean industries are getting both giant subsidies and protectionist tariffs. He wants a U.S.-based green energy supply chain — from raw materials all the way to finished products — with American jobs, preferably union jobs, at every step."
“Xi is a brilliant man. If you went all over Hollywood to look for somebody to play the role of President Xi, you couldn't find it. There's nobody like that. The look, the brain, the whole thing” —donald trump 4/11/2023
Reporter: #Trump says #China has been eating our lunch. What’s your response?
US President #Biden: We raised tariffs on Chinese goods in order to help American companies
The new US tariffs targeting Chinese goods are strategic and targetedWe need fair competition with #China, not conflict
Funny is that US paying billions of dollars to American companies and farmers doesn't count as unfair business practices when they dump the price of American made food and agriculture products in developing countries that kills local business and agriculture. And if those countries put tariffs on American products, they face severe punishments from the #IMF and the world bank.
The United States is protecting is uncompetitive automakers addicted to expensive SUVs and trucks from facing a real challenge that would force them to innovate and could accelerate the EV transition by making cheaper models much more accessible.
@oatmeal@palestine@israel A number of the Pacific mini-states are engaged with China, but not "aligned". Recently, the #US has been fomenting riots that they like to call "protests" (in the Solomons) and threatening and cajoling those islands it treated like trash for 70 years to encourage them to refuse to deal with China. I suspect Nauru was one of those targeted when it became too "friendly" with #China.
After pleading #guilty to #MoneyLaundering & #obstruction of #justice, Paul #Manafort, the globe-trotting #political consultant & former campaign chairman for #Trump, asked for leniency in his sentencing, telling a federal judge 5 yrs ago that he was nearly 70, struggling w/health concerns & remorseful for his actions.
#Manafort has been assisting an effort to launch a #Netflix-like mobile streaming & entertainment platform in #China that, acc/to corporate docs, has the endorsement of the Chinese government. In an email to The Post, Manafort said he was “not involved w/China” & has “had nothing to do w/China, including Chinese businesses, government, individuals, or anything else,” but acknowledged that he “was asked to make introductions to #US studios & potential US partners in the venture.”
While most Western countries are concerned with extrajudicial security personnel from #China going after Chinese dissidents and other interference via secret police stations, Hungary just went and signed a deal with China: "lol, police from a totalitarian country officially patrolling our streets? sure thing"
Orban stated that Hungary supports China's "peaceful plan" for Ukraine. He emphasized that Europe is currently on the side of war, while Hungary is the only exception, calling for an immediate ceasefire and peaceful negotiations. It's worth noting that Ukraine and its international partners do not support China's "peaceful initiative." #Ukraine#China
"We are witnessing a historic process -- Russians are leaving for the first time in two centuries," independent Azerbaijani analyst Elhan Shahinoglu told AFP.
#Putin and #Xi have met over 40 times; the Chinese president last travelled to #Moscow in March 2023, while Putin went to Beijing in October for a summit of #China’s #BeltAndRoad initiative.
#China’s major #banks are throttling payments out of concern over #USSanctions, Maslov said, and #Russia has proposed to solve the issue via a decentralised payment system that the west would be unable to track. “Both sides will look for sanctions-proof mechanisms going forward,” said Maslov. #Ukraine
"Deliberately grounded on a tiny reef in the #SouthChinaSea, part of an island chain claimed by the two Asian countries, the #BRPSierraMadre is now the unlikely base for a detachment of Filipino marines who stand guard over the atoll, scanning the turquoise waters for Chinese ships." #AyunginShoal#SecondThomasShoal#Philippines
The National Security Adviser #EduardoAno was referring to a news report this week of an alleged leak of a call between a Chinese diplomat and a Filipino admiral discussing a dispute over the #SouthChinaSea, which carried a transcript that showed the admiral agreeing to concessions towards #China. #WestPHSea
The live fire exercises were held throughout the week along the shores of the coastal city of #Laoag in northern Ilocos province, the closest mainland Philippine province to #China.
They capped the largest ever #Balikatan, or “shoulder-to-shoulder,” joint military exercises between US and Philippine troops, cementing a dramatic policy shift. #Balikatan2024
As tensions rise throughout the #SouthChinaSea, energy demands are drawing #Malaysia deeper into the fray and testing the country’s long-standing reluctance to antagonize #China.
Since 2020, China has been harassing Malaysian drilling rigs and survey vessels, leading to standoffs that have lasted months.
De Castro’s paper noted how #Manila’s 2019 #NationalMilitaryStrategy had bluntly stated that #China would never be a security partner of the #Philippines and was in fact the main threat to the country, and the #US should be included in the military’s strategic planning.
Director of SeaLight, #RayPowell, said that at least four #ChinaCoastGuard vessels (CCG) and 26 “large” Chinese maritime militias are expected to blockade the #AtinIto convoy.
The second civilian supply mission of the Atin Ito coalition will begin on Wednesday morning at #Masinloc town in #Zambales, led by an indigenous vessel serving as the mother boat. #Philippines#WestPHSea
Chinese Communist Party-linked network behind 'well-funded' anti-Israel campus protests, group says ( www.foxnews.com )