I'm going to send letters. That's the end of the trade deal. I could send one to Japan.Dear Mr. . Japan, here's the story. You're going to pay a 25% tariff on your cars.America's most famous pen pal. Joining us now, Democratic Senator Tammy Baldwin of Wisconsin. I'm sorry.That was Dear Mr. . That was the dumbest thing I've heard in a long That's our president, y'all. Go America.Why not dear Miss Japan. Well, talk about it. Well, well, well, that's another story on the Let's Let's start where Alicia left off ...

Today on “The Intelligence”: how to think about Trump’s (delayed) trade war, Brazil’s broken football machine and why England is falling out of love with lawns https://t.co/fTsfMPb8bj ...

Some Amazon sellers are sitting out the Prime Day sale because the trade war is making discounts unaffordable. https://t.co/CEQLtqiN2j ...

RT Lingling Wei 魏玲灵 (@Lingling_Wei)While Trump is waging a trade war, Xi is fighting a Cold War. His goal is “strategic stalemate”—an enduring equilibrium where US pressure becomes manageable&China buys time to catch up. It’s a strategy rooted in understanding of what the Soviets got wrong. https://t.co/OX3gTlPmfW ...

Tariff Impact on American Toy Company - US and China agreed to maintain tariffs effectively at 55%, including 30% extra on top of the initial 25% [1] - The American toy company estimates tariffs could cost them 20 million to 30 million USD, before income taxes [2] - The company views tariffs as a tax on American businesses and consumers, contradicting the President's claim [3] - The company CEO states they borrow money to pay the tariffs to the US government, hoping to recoup the cost through sales [3] - The CEO emphasizes that the Chinese government is not paying the tariffs; the company is directly responsible for the payment [4] Company Strategy and Perspective - The company is facing a 600 billion USD collective tax bill across numerous businesses, impacting profitability [4] - To remain financially viable, the company may need to pass some of the tariff costs onto consumers [4] - The company CEO asserts they do not conduct business with the Chinese government [4] - The company is engaging in difficult conversations with Chinese suppliers and considering legal action against tariffs [5]

The African Development Bank urges South Africa to speed up structural reforms as it cuts the country’s growth outlook, citing Trump’s trade war and global headwinds https://t.co/NdbLo3mBG0 ...

Trump's trade war has thrown American businesses that deal with China into chaos.Listen to the Big Take Asia Podcast to find out how one toymaker is challenging the president's tariffs in the courts https://t.co/EdZVB3uV8R https://t.co/lKdkIPa3h5 ...

Trump's trade war has thrown American businesses that deal with China into chaos.Listen to the Big Take Asia Podcast to find out how one toymaker is challenging the president's tariffs in the courts https://t.co/EdZVB3uV8R https://t.co/WZ4WQv3zYE ...

If we've learned one thing during the president's recent negotiations with China, it's that we don't have the cards. We can disrupt their entire manufacturing economy. We can threaten them with a level of unemployment, specifically youth unemployment, that they didn't see coming.But in the end, we got rules because of one thing, our well-known dependence on China for rare earth minerals. They got them. We need them.Although, it does make you wonder what the heck were we thinking when we started a trade war ...

Core Viewpoint - Tesla's stock is experiencing significant gains despite disappointing earnings results, driven by macroeconomic factors and changes in leadership focus [1][2][4]. Financial Performance - Tesla reported non-GAAP earnings per share of $0.27 on revenue of $19.34 billion, missing analyst estimates of $0.39 per share and $21.1 billion in sales [5]. - The company's total sales fell by 9% last quarter, primarily due to a 20% decline in automotive revenue, while net income plummeted by 71% [6]. Market Reaction - Tesla's stock price increased by 7.2% in response to positive macroeconomic news and the CEO's decision to step back from certain initiatives [1][2][3]. - The broader market also saw gains, with the S&P 500 up 2.1% and the Nasdaq Composite up 3% [1]. Strategic Changes - CEO Elon Musk's reduced involvement in the Department of Government Efficiency (DOGE) is perceived as a move that could strengthen Tesla's strategic direction and alleviate brand pressures [3][4]. - Concerns have been raised regarding Musk's distractions affecting the company's leadership, but a renewed focus on Tesla is expected to be beneficial [4].