Facing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit Saturday. https://www.japantimes.co.jp/news/2025/11/01/asia-pacific/politics/apec-summit-trade-wrapup/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #apec #indopacific #southkorea #trade #tariffs #donaldtrump #us #china #leejaemyung #xijinping #globaleconomy
Fresh U.S. tariffs on imports of medium- and heavy-duty trucks took effect Saturday, although with partial relief for vehicles entering the country under a key North America trade agreement. https://www.japantimes.co.jp/business/2025/11/01/economy/us-tariffs-heavy-trucks-buses/?utm_medium=Social&utm_source=mastodon #business #economy #us #donaldtrump #trade #tariffs
Nikkei 225 broke 52,000 as records continue to topple, with the surprise rally remaining strong despite significant economic uncertainty. https://www.japantimes.co.jp/business/2025/10/31/markets/nikkei-52000/?utm_medium=Social&utm_source=mastodon #business #markets #tse #nikkei #stocks #us #donaldtrump #trade #tariffs #malaysia #china
bhaugen
boosted
bhaugen
boosted
"Trump’s Treasury Secretary, Scott Bessent, went on Fox 'Business' to announce that China had agreed to buy 12 million metric tons of soybeans this season and 25 million tons per year for the next three years." Sounds impressive, until you look at the facts: under President Biden, China purchased 27 million metric tons of soybeans in 2024, more than what Trump just 'negotiated.'"
~ Ben Meiselas
#Trump #tariffs #China #TradeWar #soybeans
/1
https://www.meidasplus.com/p/thursday-afternoon-news-updates-103025
"When Xi Jinping walked out of his meeting with President Trump on Thursday, he projected the confidence of a powerful leader who could make Washington blink.
The outcome of the talks suggested that he succeeded."
~ Lily Kuo and David Pierson
#Trump #tariffs #China #TradeWar #soybeans
/3
https://www.nytimes.com/2025/10/30/world/asia/china-trump-xi-trade.html
"By flexing China’s near monopoly on rare earths and its purchasing power over U.S. soybeans, Mr. Xi won key concessions from Washington — a reduction in tariffs, a suspension of port fees on Chinese ships and the delay of U.S. export controls that would have barred more Chinese firms from access to American technology."
"When Xi Jinping walked out of his meeting with President Trump on Thursday, he projected the confidence of a powerful leader who could make Washington blink.
The outcome of the talks suggested that he succeeded."
~ Lily Kuo and David Pierson
#Trump #tariffs #China #TradeWar #soybeans
/3
https://www.nytimes.com/2025/10/30/world/asia/china-trump-xi-trade.html
"Trump’s Treasury Secretary, Scott Bessent, went on Fox 'Business' to announce that China had agreed to buy 12 million metric tons of soybeans this season and 25 million tons per year for the next three years." Sounds impressive, until you look at the facts: under President Biden, China purchased 27 million metric tons of soybeans in 2024, more than what Trump just 'negotiated.'"
~ Ben Meiselas
#Trump #tariffs #China #TradeWar #soybeans
/1
https://www.meidasplus.com/p/thursday-afternoon-news-updates-103025
"Trump’s Treasury Secretary, Scott Bessent, went on Fox 'Business' to announce that China had agreed to buy 12 million metric tons of soybeans this season and 25 million tons per year for the next three years." Sounds impressive, until you look at the facts: under President Biden, China purchased 27 million metric tons of soybeans in 2024, more than what Trump just 'negotiated.'"
~ Ben Meiselas
#Trump #tariffs #China #TradeWar #soybeans
/1
https://www.meidasplus.com/p/thursday-afternoon-news-updates-103025
Let's be clear, I'm not spinning a yarn where Xi Jinping and the CCP are the good guys. The Marxist left made that mistake with that old fascist Stalin and the USSR, and it's not a mistake this old anarchist intends to repeat.
What I'm saying is that Chinese foreign policy is self-interested, but *not* expansionist in a military conquest sense. This does not appear to have helped the people of Ukraine much. But in a world where Pax Americana is clearly over, it may be a ray of hope.
(14/14)
This analysis fits the pattern of a US whose power on the world stage is in decline. While China is ascendant, but just taking care of business, not showing any expansionist ambitions (unlike Putin);
A 19th-century showdown between China and the West began, much as today’s did, with mounting Western anger over a huge Chinese trade surplus. https://www.japantimes.co.jp/news/2025/10/30/asia-pacific/politics/19th-century-opium-war-xi-trump/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #china #uk #opium #drugs #xijinping #us #donaldtrump #trade #tariffs
The Bank of Japan kept the policy rate at 0.5% despite high inflation, sticking to a wait-and-see approach owing to continued uncertainty. https://www.japantimes.co.jp/business/2025/10/30/economy/boj-meeting-oct-2025/?utm_medium=Social&utm_source=mastodon #business #economy #boj #us #tariffs #usjapanrelations #inflation #japaneseeconomy
Donald Trump and Xi Jinping will seek a truce in their trade war on Thursday, with the U.S. president predicting a "great meeting" but Beijing being more circumspect. https://www.japantimes.co.jp/news/2025/10/30/world/politics/trump-xi-trade-war/?utm_medium=Social&utm_source=mastodon #worldnews #politics #us #donaldtrump #trade #tariffs #china #xijinping #southkorea #apec
U.S. Treasury Secretary Scott Bessent sent a message indicating support for the Bank of Japan’s independence as Abenomics comes back into fashion. https://www.japantimes.co.jp/business/2025/10/29/economy/bessent-katayama-boj/?utm_medium=Social&utm_source=mastodon #business #economy #scottbessent #satsukikatayama #sanaetakaichi #usjapanrelations #us #financeministry #boj #us #tariffs #usjapanrelations #inflation #japaneseeconomy
No projects were finalized under Japan’s $550 billion investment pledge while U.S. President Donald Trump was in Japan for a three-day visit heavy on sentiment but light on substance. https://www.japantimes.co.jp/business/2025/10/29/economy/japan-us-investment-no-deals/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations
American strategy has shifted from courting India as a counterweight to China to demanding economic alignment on U.S. terms. https://www.japantimes.co.jp/commentary/2025/10/29/world/indias-options-in-a-trumpian-world/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #india #us #indiausrelations #narendramodi #donaldtrump #china #tariffs
U.S. President Donald Trump landed in South Korea on Wednesday for the last leg of his Asia trip, optimistic about a trade-war truce with China after summit talks with South Korea’s Lee Jae Myung. https://www.japantimes.co.jp/news/2025/10/29/asia-pacific/politics/trump-south-korea-trade-missiles/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #apec #southkorea #northkorea #missiles #leejaemyung #us #donaldtrump #trade #tariffs #taiwan #china #xijinping
Ross Young
boosted
recent price chart for the #TRUMP #memecoin shows a massive crash in price on the left (when Trump announced new tariffs on #china) and a massive pump just now (when Trump TACOed and announced there would be a trade deal with china) coincidentally back to exactly the same price it was before the first announcement.
99.9% of TRUMP trading happens on offshore #crypto exchanges that are controlled by chinese nationals and banned from operating within the US.
every $1 the price moves up the trump family gets a billion dollars and every $1 the price goes down the trump family loses a billion dollars.
put it all together and it means the chinese can pump or dump the trump family's net worth by billions any time they want to. the response will be predictably pavlovian.
#uspol #prc #Uspolitics #corruption #cryptocurrency #memecoins #TACO #tariffs #tariff #tradewar
The Bank of Japan is expected to sit this one out and keep its benchmark rate at 0.5% as political and economic uncertainty remain high. https://www.japantimes.co.jp/business/2025/10/28/economy/boj-preview-october-2025/?utm_medium=Social&utm_source=mastodon #business #economy #boj #us #tariffs #usjapanrelations #inflation #japaneseeconomy