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To: PIF; All

Biden is so Courageous. I knew the media’s reaction.

Shocked, I wasn’t.

“DC slammed Trump’s tariffs. Biden’s decision to keep them draws a very different reaction.”

“The response offers yet another reminder of just how much the U.S. political consensus has shifted against free trade.”

“Back in 2018, lawmakers of both parties greeted President Donald Trump’s decision to slap tariffs on Chinese imports with widespread derision.

Six years later, most members of Congress are applauding President Joe Biden’s extension — and in some cases, expansion — of those tariffs, if not calling for him to go even further.”

https://www.politico.com/news/2024/05/15/biden-tariff-reaction-trump-00158043


2,178 posted on 05/15/2024 9:01:46 AM PDT by SpeedyInTexas (Defeat the Pro-RuZZia wing of the Republican Party)
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To: PIF; All

Indicted War Criminal Little PUkin needs to carry TP around for when Xi needs to go.

“The Lopsided Reality of the China-Russia Relationship”

“When Russian President Vladimir Putin visits Chinese leader Xi Jinping in Beijing this week, the two leaders will seek to project their customary united front against the U.S.-led global order.

Beneath the surface, however, the relationship isn’t one of equals.

Beijing has provided a lifeline to the sanctions-stricken Russian economy, supplying it with everything from electronics to washing machines to tractors. But while China accounts for around 33% of Russia’s overall trade, Russia makes up only 4% of China’s trade, according to data provider CEIC Data.

China has become a critical source of optics, microelectronics, drone engines and other materials that enable Russia’s weapons production, while Russia’s arms exports to China have fallen precipitously in recent years.

Meanwhile, Russia, its oil and gas now shunned in Europe, has had to sell at significant discounts to China. Beijing has yet to agree on a major new gas pipeline, using its leverage to squeeze Russia on price.

“It’s a strategic partnership where both sides need each other but it’s increasingly asymmetrical in China’s favor,” said Alexander Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. “China is not only the more powerful partner, but also the one that has many more options than Russia and the war has exacerbated that.””

https://archive.ph/kNyM5


2,179 posted on 05/15/2024 9:22:02 AM PDT by SpeedyInTexas (Defeat the Pro-RuZZia wing of the Republican Party)
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