Group 1 - California Governor Gavin Newsom opposes the high tariffs imposed by President Trump on China, emphasizing the interdependent relationship between the U.S. and China [1] - Newsom aims to position California as a stable partner open to trade with China and other partners, despite not having direct high-level dialogues with China [1] - The White House announced potential tariffs on Chinese imports could reach 245%, including a 125% reciprocal tariff and a 20% tariff related to the fentanyl issue [1] Group 2 - China may be selling U.S. Treasury bonds as a countermeasure against the U.S., with a reported sale of $57.3 billion in April 2025, causing a spike in 30-year Treasury yields to 5%, the highest since 1981 [3] - The U.S. Treasury faced challenges in bond auctions, with a 20% share being absorbed by traders due to decreased demand, leading to a 1.2% increase in financing costs [3] - China has been increasing its gold reserves and promoting trade settlements in local currencies with countries like Saudi Arabia, which could undermine the dominance of the U.S. dollar [3] Group 3 - The U.S. national debt has surpassed $36 trillion, accounting for 123% of GDP, significantly exceeding the 60% international warning threshold [5] - Predictions indicate that by 2050, federal debt could rise to 166% of GDP, with annual interest payments nearing $1 trillion, surpassing U.S. defense spending [5] - Public support for President Trump has declined, with less than half of respondents approving his performance, reflecting concerns over the U.S.'s global credibility [5] Group 4 - Tesla's CEO Elon Musk criticized the tariff policies and indicated that the company's production plans for humanoid robots could be affected by China's export controls on rare earth materials [7] - Tesla is actively seeking export licenses for rare earth permanent magnet materials from China, assuring that these materials will not be used for military purposes [7]