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A reality check on the announced US-China trade framework: more a return to the previous status quo than breakthrough. “I think in some sense the U.S. blinked. We are back to a status quo. China is reverting back to purchases it already made. When we think back to kind... show more

Jim Sciutto

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39,134 次观看 • 9 个月前 •via X (Twitter)

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.U.S. Ambassador to NATO Matthew Whitaker on China: "They do need our market a lot more than we need theirs. But, you know, at the same time, The Iowa farmer—my friends back home that sell their exports to China—also would like those markets opened... what President Donald J. Trump wants is fair trade."

.U.S. Ambassador to NATO Matthew Whitaker on China: "They do need our market a lot more than we need theirs. But, you know, at the same time, The Iowa farmer—my friends back home that sell their exports to China—also would like those markets opened... what President Donald J. Trump wants is fair trade."

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"It's definitely not open," Karim Sadjadpour says of the Strait of Hormuz. "I don't think any major shipping or oil company would tell you that we've gone back to status quo ante, and that process could take many, many months if if indeed we are able to go back to to status quo ante."

"It's definitely not open," Karim Sadjadpour says of the Strait of Hormuz. "I don't think any major shipping or oil company would tell you that we've gone back to status quo ante, and that process could take many, many months if if indeed we are able to go back to to status quo ante."

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Madison Keys’ thoughts on the political climate back home in the U.S. “I’m not a fan of divisiveness and I think the beauty of the U.S. is we are a mixing pot. We are very diverse and we are a home of immigrants. I hope we get back to those values.” 🎥: 🎾Australia

Madison Keys’ thoughts on the political climate back home in the U.S. “I’m not a fan of divisiveness and I think the beauty of the U.S. is we are a mixing pot. We are very diverse and we are a home of immigrants. I hope we get back to those values.” 🎥: 🎾Australia

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🇺🇸 SEC. BESSENT: TRUMP COULD BE THE PRESIDENT WHO OPENS UP CHINA “We want to bring back precision manufacturing to the U.S. They are overbalanced in manufacturing, underserved in consumption. As we generate more products, we are going to need new and bigger markets to sell our products to. I think there's a chance President Trump could be the president who opens up China.” Source: Acyn, Treasury Secretary Scott Bessent

🇺🇸 SEC. BESSENT: TRUMP COULD BE THE PRESIDENT WHO OPENS UP CHINA “We want to bring back precision manufacturing to the U.S. They are overbalanced in manufacturing, underserved in consumption. As we generate more products, we are going to need new and bigger markets to sell our products to. I think there's a chance President Trump could be the president who opens up China.” Source: Acyn, Treasury Secretary Scott Bessent

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In June 1996, then-Congresswoman Nancy Pelosi addressed the U.S. House of Representatives, expressing concerns about the trade imbalance between the United States and China. She highlighted that the U.S. imposed an average tariff of 2% on Chinese goods, whereas China levied an average tariff of 35% on U.S. products, questioning the fairness of this disparity. Pelosi emphasized that the growing trade deficit, which had increased from $3.5 billion in 1989 to approximately $34 billion by 1996, was detrimental to American workers and labeled U.S.-China trade as a “job loser.” She urged her colleagues to reconsider the status quo and advocate for more balanced trade relations.

In June 1996, then-Congresswoman Nancy Pelosi addressed the U.S. House of Representatives, expressing concerns about the trade imbalance between the United States and China. She highlighted that the U.S. imposed an average tariff of 2% on Chinese goods, whereas China levied an average tariff of 35% on U.S. products, questioning the fairness of this disparity. Pelosi emphasized that the growing trade deficit, which had increased from $3.5 billion in 1989 to approximately $34 billion by 1996, was detrimental to American workers and labeled U.S.-China trade as a “job loser.” She urged her colleagues to reconsider the status quo and advocate for more balanced trade relations.

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There has to be a total mindset change in the Democratic party. When the war ends, we are not going back to the pre-October 7 status quo.

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Soybean farmer: We don't want the aid. We want the trade. China starts buying elsewhere. Once they establish those trade routes, it becomes more difficult for them to come back to the US and buy their commodities. Once we lose that, we may never get it back again.

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I joined the Conservative Party back in 1997. It took 13 long years to rebuild. The lesson is clear: to bounce back faster we can’t double down on a failed status quo. We must listen, change and unite around the real solutions to the challenges facing the country.

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