US Says China Agrees to Spend Billions on Agricultural Goods

“Previous efforts by Trump to get China to purchase more US goods have fallen short, raising questions about whether the latest pledges will be fulfilled. China failed to meet its commitments under an agreement Trump brokered in 2020 to buy an extra $200 billion in US agricultural, energy and manufactured products over a two-year period. The Covid-19 pandemic complicated that effort but critics said the targets were unrealistic.

China has recently turned to cheaper Brazilian soybeans after meeting the initial purchasing volume from the US agreed to in last year’s trade truce between Washington and Beijing.

While the fresh discloser will likely be welcomed by farmers, who were seeking more clarity from the latest summit, the amount may not be large enough to satisfy growers looking to turn around tough economic conditions.

Farmers have been struggling for years with relatively low crop prices and high costs. Pressures have been compounded by geopolitical tensions including Trump’s tariffs, and most recently by a surge in fertilizer costs linked to the conflict in Iran.”

https://finance.yahoo.com/economy/policy/articles/us-says-china-agrees-spend-181028241.html

Why the Trump Xi Summit Was Always Going to Fail!

Trump’s visit to China achieved essentially nothing. The countries’ problems are too deep to be achieved in a presidential visit.

https://www.youtube.com/watch?v=XD1eGSCvUO0

Balikatan Fires First Typhon-Launched Tomahawk —China Anger Over Philippines-Japan Arms Deal | EP828

Japan is becoming its own hub in a hub and spoke model of quasi-alliances in the Asia-Pacific. It’s cooperating with many countries and selling needed weapons. Japan is the most trusted major power among ASEAN countries. Beating the EU, US, China, and India.

https://www.youtube.com/watch?v=EYRGTpagxus

How Iran Will Kill 80+ Years of US Global Hegemony

Throughout history, even before it became a global superpower, the United States fought to defend the freedom of the seas. If Iran forces the US to accept an extortionary toll on the Strait of Hormuz, it will be a great blow to the US-led order that allows trade across international waters without heavy fees enforced by deadly power.

Control of the Strait gives Iran control over the price of oil. If they want the price higher, they let fewer ships through.

https://www.youtube.com/watch?v=2o4IUPNYAK0

Is China Quietly Taking Control of the Iran Conflict? | China Decode

Trump’s tariffs haven’t much limited goods coming from China to the US because China just ships them through third-party countries. The administration talked about cracking down on this, but haven’t really done it.

https://www.youtube.com/watch?v=r6k7sQuNZfU

The US refines and uses heavy oil, but it produces light oil. It imports a lot of this heavy oil and exports the light.

The US refines and uses heavy oil, but it produces light oil. It imports a lot of this heavy oil and exports the light.

https://www.youtube.com/watch?v=nmt5D9vOoVU

How China Made Itself Tariff-Proof

Trump’s China tariffs were, for the most part, a massive failure. China is still the world’s manufacturer and exports a ton of manufactured goods.

China is well ahead of the rest of the world in automated manufacturing. They executed a ten year plan to do this, and it worked.

https://www.youtube.com/watch?v=djE7MDOyFLs

Iran War Update: Mines in the Strait of Hormuz

The mission of keeping the Strait of Hormuz safe from Iranian attacks on civilian ships is a burdensome and dangerous mission. The US needs to focus on protecting its carriers until the Iranian threat is further diminished.

https://www.youtube.com/watch?v=QIynxSI7ZQg