Alice Han

They don't even want to have a Japanese style, you know, lost decades, which is a slow version of what we saw in America. So instead, they want to walk on this tightrope between rebalancing a little bit here and there through subsidies for consumer goods, like the trade in appliances.

And at the same time, they will increase Chinese exports, increase potentially infrastructure spending on certain infrastructure, And this means that they have this impossible task of balancing the two, because ultimately they don't want to go full on in the rebalancing mode, which is something that they recognize that they need to do.

And at the same time, they will increase Chinese exports, increase potentially infrastructure spending on certain infrastructure, And this means that they have this impossible task of balancing the two, because ultimately they don't want to go full on in the rebalancing mode, which is something that they recognize that they need to do.

And at the same time, they will increase Chinese exports, increase potentially infrastructure spending on certain infrastructure, And this means that they have this impossible task of balancing the two, because ultimately they don't want to go full on in the rebalancing mode, which is something that they recognize that they need to do.

That is a structural bug in the system, and it's going to be very hard to shake for political reasons. On the US side, why they can't kiss and make up is because we have different parties with different interests. As we mentioned, Trump wants a big, beautiful deal. As I've said before, he's the biggest dove in a house full of hawks.

That is a structural bug in the system, and it's going to be very hard to shake for political reasons. On the US side, why they can't kiss and make up is because we have different parties with different interests. As we mentioned, Trump wants a big, beautiful deal. As I've said before, he's the biggest dove in a house full of hawks.

That is a structural bug in the system, and it's going to be very hard to shake for political reasons. On the US side, why they can't kiss and make up is because we have different parties with different interests. As we mentioned, Trump wants a big, beautiful deal. As I've said before, he's the biggest dove in a house full of hawks.

Besson wants to make sure that people around him and Wall Street are happy, that the markets are happy. And Jameson Greer wants to have a more level playing field. People like Navarro and Lutnick are a bit more crazier, I think, and don't really know what they want to do, which is why we saw the April 2nd tariffs.

Besson wants to make sure that people around him and Wall Street are happy, that the markets are happy. And Jameson Greer wants to have a more level playing field. People like Navarro and Lutnick are a bit more crazier, I think, and don't really know what they want to do, which is why we saw the April 2nd tariffs.

Besson wants to make sure that people around him and Wall Street are happy, that the markets are happy. And Jameson Greer wants to have a more level playing field. People like Navarro and Lutnick are a bit more crazier, I think, and don't really know what they want to do, which is why we saw the April 2nd tariffs.

So we have really heterogeneous outcomes coming out of the U.S., which again is deeply, deeply confusing, not just for us, but for the Chinese as well.

So we have really heterogeneous outcomes coming out of the U.S., which again is deeply, deeply confusing, not just for us, but for the Chinese as well.

So we have really heterogeneous outcomes coming out of the U.S., which again is deeply, deeply confusing, not just for us, but for the Chinese as well.

I mean, I completely agree. I think Latin America was always going to be under Lula in China's camp. It's not a surprise that Lula is now in Beijing signing a trillion dollars of deals in Chinese investment in Brazil and purchases of Brazilian agricultural products as China again tries to diversify away from the U.S. towards Latin America.

I mean, I completely agree. I think Latin America was always going to be under Lula in China's camp. It's not a surprise that Lula is now in Beijing signing a trillion dollars of deals in Chinese investment in Brazil and purchases of Brazilian agricultural products as China again tries to diversify away from the U.S. towards Latin America.

I mean, I completely agree. I think Latin America was always going to be under Lula in China's camp. It's not a surprise that Lula is now in Beijing signing a trillion dollars of deals in Chinese investment in Brazil and purchases of Brazilian agricultural products as China again tries to diversify away from the U.S. towards Latin America.

But I think the real winner is going to be the ability to launch a successful trauma offensive with Europe. I think Europe was very sickened by Trump's treatment of Zelensky in the Oval Office and its behavior towards Europe, not just Trump, but Vance, their behavior towards Europe since then. And I think Europe, as is its historical want, is going back to strategic autonomy.

But I think the real winner is going to be the ability to launch a successful trauma offensive with Europe. I think Europe was very sickened by Trump's treatment of Zelensky in the Oval Office and its behavior towards Europe, not just Trump, but Vance, their behavior towards Europe since then. And I think Europe, as is its historical want, is going back to strategic autonomy.

But I think the real winner is going to be the ability to launch a successful trauma offensive with Europe. I think Europe was very sickened by Trump's treatment of Zelensky in the Oval Office and its behavior towards Europe, not just Trump, but Vance, their behavior towards Europe since then. And I think Europe, as is its historical want, is going back to strategic autonomy.

It's trying to hedge between these two superpowers, China and the U.S., And I think in this current climate, it is probably veering more towards China on trade because it sees China as the adult in the room. And I think what's going to be interesting, Scott, at the end of June is two really important meetings.