Gordon Chang

Treasury Secretary Scott Besant and US Trade Representative Jameson Greer will be meeting one or more vice premiers from China. You know, the Senate actually started saying that this meeting would be talking about talking. Trump a few hours ago said, well, you know, we need something to come out of this meeting.

Treasury Secretary Scott Besant and US Trade Representative Jameson Greer will be meeting one or more vice premiers from China. You know, the Senate actually started saying that this meeting would be talking about talking. Trump a few hours ago said, well, you know, we need something to come out of this meeting.

Treasury Secretary Scott Besant and US Trade Representative Jameson Greer will be meeting one or more vice premiers from China. You know, the Senate actually started saying that this meeting would be talking about talking. Trump a few hours ago said, well, you know, we need something to come out of this meeting.

And of course he tweeted or he put on Truth Social that 80% tariffs seemed about right. That would be down from a general rate of 145. But on some Chinese products, the rate is actually 245 because of the existing tariffs. I don't know where this is going to go. The Chinese are hanging very tough.

And of course he tweeted or he put on Truth Social that 80% tariffs seemed about right. That would be down from a general rate of 145. But on some Chinese products, the rate is actually 245 because of the existing tariffs. I don't know where this is going to go. The Chinese are hanging very tough.

And of course he tweeted or he put on Truth Social that 80% tariffs seemed about right. That would be down from a general rate of 145. But on some Chinese products, the rate is actually 245 because of the existing tariffs. I don't know where this is going to go. The Chinese are hanging very tough.

We heard a statement from some Chinese premier or something in Russia now for the May 9th Victory Day celebrations with a very tough line on the U.S., So, we'll find out when we find out. And I know that's an unsatisfactory answer, but when we start thinking about the normal trajectory of US-China trade talks, they take forever.

We heard a statement from some Chinese premier or something in Russia now for the May 9th Victory Day celebrations with a very tough line on the U.S., So, we'll find out when we find out. And I know that's an unsatisfactory answer, but when we start thinking about the normal trajectory of US-China trade talks, they take forever.

We heard a statement from some Chinese premier or something in Russia now for the May 9th Victory Day celebrations with a very tough line on the U.S., So, we'll find out when we find out. And I know that's an unsatisfactory answer, but when we start thinking about the normal trajectory of US-China trade talks, they take forever.

And these will probably take forever unless President Trump makes concessions. So I hope that he doesn't make concessions for the sake of getting a deal. We have had this dynamic too many times in the past. It never, never works out for us. So I hope we don't go into it again.

And these will probably take forever unless President Trump makes concessions. So I hope that he doesn't make concessions for the sake of getting a deal. We have had this dynamic too many times in the past. It never, never works out for us. So I hope we don't go into it again.

And these will probably take forever unless President Trump makes concessions. So I hope that he doesn't make concessions for the sake of getting a deal. We have had this dynamic too many times in the past. It never, never works out for us. So I hope we don't go into it again.

They were again saying what the United States was wrong and was engaging in bullying tactics. And China would never give in to this. They didn't actually make the specific statement, which is really important, and that is China was saying that the United States would have to withdraw its unilateral tariffs for even talks to begin. So that was a concession.

They were again saying what the United States was wrong and was engaging in bullying tactics. And China would never give in to this. They didn't actually make the specific statement, which is really important, and that is China was saying that the United States would have to withdraw its unilateral tariffs for even talks to begin. So that was a concession.

They were again saying what the United States was wrong and was engaging in bullying tactics. And China would never give in to this. They didn't actually make the specific statement, which is really important, and that is China was saying that the United States would have to withdraw its unilateral tariffs for even talks to begin. So that was a concession.

And we know from a substantive point of view that China has recently circulated what it calls a whitelist. In other words, goods it was going to allow into China tariff-free. Now, about a week and a half ago, we saw reporting that about 25% of America's products going into China were coming in tariff-free. In other words, China was making unilateral concessions, was not announcing it,

And we know from a substantive point of view that China has recently circulated what it calls a whitelist. In other words, goods it was going to allow into China tariff-free. Now, about a week and a half ago, we saw reporting that about 25% of America's products going into China were coming in tariff-free. In other words, China was making unilateral concessions, was not announcing it,

And we know from a substantive point of view that China has recently circulated what it calls a whitelist. In other words, goods it was going to allow into China tariff-free. Now, about a week and a half ago, we saw reporting that about 25% of America's products going into China were coming in tariff-free. In other words, China was making unilateral concessions, was not announcing it,

This was for things like semiconductors, aviation parts, industrial chemicals, medical devices and some medicines that China obviously couldn't get elsewhere. And so this was an important climb down from the Chinese and it was in, you know, they got nothing from the US for doing it. So look, the Chinese position is extraordinarily weak. President Trump recognizes that.

This was for things like semiconductors, aviation parts, industrial chemicals, medical devices and some medicines that China obviously couldn't get elsewhere. And so this was an important climb down from the Chinese and it was in, you know, they got nothing from the US for doing it. So look, the Chinese position is extraordinarily weak. President Trump recognizes that.