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snow job and his sixteen dwarves go to china......

Leaders from banks, asset managers, payment companies, and semiconductor companies are joining the delegation to smooth relations with Beijing and make major announcements, such as the sale of 500 Boeing aircraft...

The President of the United States, Donald Trump, begins his official visit to China this Wednesday, a highly anticipated three-day trip amid a tumultuous trade relationship, trade war, and Middle East conflict. He will be accompanied by 16 of the world's top executives, such as Elon Musk, Tim Cook, or Larry Fink.

 

Trump Takes Elon Musk, Tim Cook, and 14 Other Business Leaders on His Trip to China

PABLO R. SUANZES, WASHINGTON CORRESPONDENT

 

The main points on the agenda inevitably revolve around the mentioned issues, but also focus on the future of Taiwan, technology, and strategic stability between Washington and Beijing, with Russia and Iran in the background. Trump, obsessed for decades with the trade deficit with China, wants Beijing to accept his protectionist wall, but without reciprocating. Instead, he aims to boost purchases of American products, especially agricultural products like soybeans. Meanwhile, the U.S. is expanding its acquisitions of minerals and rare earth materials. To achieve this, he has proposed a kind of investment and trade board.

China seeks stability in all areas. In bilateral relations and beyond. They want tariffs lifted, restrictions on chip and advanced technology purchases removed, tensions with Tehran eased, the Strait of Hormuz reopened (a significant source of the crude oil consumed in the Asian powerhouse), and for Washington to stop selling arms to Taiwan.

This Monday, the White House released a provisional list of the prominent business leaders accompanying the President to Beijing. The most prominent name, for obvious reasons, is Elon Musk, the founder of Tesla, SpaceX, and owner of the X social network. The world's richest man, who fell out of favor with Trump after informally entering his government to dismantle the state from within and ended up being ousted. After exchanging attacks, insults, and threats, it seems they have rebuilt bridges, at least enough for Musk, with significant interests in batteries and electric cars, to join the delegation.

Also present will be the outgoing leader of Apple, Tim Cook, just weeks after announcing his upcoming departure. Alongside them, the influential Larry Fink of BlackRock, the world's largest asset manager. Stephen Schwarzman of Blackstone, also the largest alternative asset manager. With them, Kelly Ortberg from Boeing; Brian Sikes from Cargill. Jane Fraser from Citi. Jim Anderson from semiconductor manufacturer Coherent. Larry Culp from GE Aerospace. David Solomon from Goldman Sachs. Jacob Thaysen from biotechnology company Illumina. Michael Miebach from Mastercard and Ryan McInerney from Visa. Dina Powell McCormick from Meta. Sanjay Mehrotra from semiconductor and data center giant Micron. Or Cristiano Amon from Qualcomm.

The notable absentee is undoubtedly Jensen Huang, CEO of Nvidia Corp., the world's most valuable company and manufacturer of advanced chips driving the global AI boom. Since Biden's era, the U.S. has restricted the types of chips that can be traded with China. Nvidia, according to Huang, has a potential market of $50 billion in sales there, but relations are tense.

Trump believes, rightly so, that major U.S. companies have more influence over Beijing than many governments or diplomats, including his own. He boasts repeatedly about his excellent relationship with Xi Jinping, even though the same enthusiasm is not reciprocated. Xi, the most influential leader in half a century and a figure of growing assertive power, does not like Trump's style but is not intimidated either. He is almost the only world leader who has not played by Trump's rules or accepted his style. And now he plays on his home turf.

The White House, as always, seeks powerful announcements of quick agreements and investments, and bringing the elite of Wall Street and Silicon Valley can help. With these names, it may be easier to find common ground on chips, artificial intelligence, batteries, electric vehicles, or satellites.

Boeing, for instance, is reportedly on the verge of closing one of its largest sales in history, according to Bloomberg. An order for 500 737 Max aircraft that will be announced during Trump's visit to Beijing. Ortberg himself stated last month that this order could reach a substantial figure.

https://www.mundoamerica.com/news/2026/05/12/6a02f5d6e85eceb47d8b4586.html

 

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         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

         RABID ATHEIST.

         WELCOME TO THIS INSANE WORLD….

good deals...

Donald Trump is set to touch down in Beijing, China, on Wednesday for a two-day state visit – the first by a US president in eight years – as relations between the world’s two largest economies teeter at a crossroads defined by the Iran war, trade friction, and technological rivalry.

The visit is expected to feature a bilateral meeting with President Xi Jinping on Thursday morning, to be followed by a visit to the Temple of Heaven and a state banquet, as well as a working lunch on Friday before Trump departs for home.

White House Principal Deputy Press Secretary Anna Kelly described the trip as “a visit of tremendous symbolic significance” while teasing “more good deals on behalf of our country.” 

The high-stakes talks will likely revolve around the US-Israeli war on Iran – which was the reason for postponing the visit, originally scheduled for late March – as well as Taiwan, artificial intelligence, and critical minerals.

Iran and oil

The Iran war and the Hormuz crisis are expected to loom large over the agenda, with an unnamed US official telling reporters during a briefing that Trump would likely “apply pressure” on China on the purchase of Iranian oil and on the alleged supply of dual-use components to Tehran.

The hallmarks of this approach became evident last week when the US sanctioned Chinese refineries buying Iranian crude, as well as what Washington described as “China-based entities providing satellite imagery to enable Iran’s military strikes against US forces.” 

In response, China ordered its firms to ignore US sanctions, a move Max Meizlish, a research fellow at the Foundation for Defense of Democracies, described as an “unprecedented… measure of defiance by Beijing.” 

Trump is also expected to call on Xi to leverage Beijing’s unique clout over Tehran to reopen the Strait of Hormuz, a critical waterway accounting for around 20% of pre-war seaborne oil trade. China, itself the world’s largest buyer of Gulf oil, has been sympathetic to the cause, urging Tehran to remove obstacles to maritime traffic.

The ‘Five Bs’ of trade

The two leaders are poised to discuss what observers have labeled the ‘Five Bs’: Chinese purchase of Boeing aircraft, American beef and soybeans, and the creation of a Board of Trade and a Board of Investments.

On Boeing, the leaders could greenlight the purchase of as many as five hundred 737 MAX aircraft and about 100 widebody jets for several Chinese flight operators. The deal would be valued at tens of billions of dollars, and Boeing CEO Kelly Ortberg is reportedly a member of the US delegation.

As the world’s largest importer of soybeans, China has historically purchased half of US exports of the crop and has been a primary market for American agricultural produce. The soybean trade has not been problem-free, however, as US beans currently face a total duty of 13% from China, while Brazilian beans are subject to only 3%. In addition, while China fulfilled its pledge to purchase 12 million metric tons of beans in 2025, it is unclear whether Beijing will meet the larger target of 25 million tons annually for 2026-2028.

Taiwan hotspot

Taiwan, which China regards as part of its sovereign territory, has long been a sore point in relations between Washington and Beijing. Chinese Foreign Minister Wang Yi has described the self-governed island as “the biggest point of risk” in the bilateral relationship and urged Washington to “honor its commitments and make the right choice, to open up new space for China-US cooperation.”

Several media reports have indicated that China wants Trump to say the US “opposes” Taiwanese independence, rather than the current language, with officials in Taipei nervous that the US president could oblige.

An unnamed American official told the Financial Times, though, that “we don’t expect to see any changes in US policy [on Taiwan] going forward.” 

While the Trump administration has continued to supply Taiwan with weapons, the US president has previously expressed skepticism about defending the island and accused it of stealing the US semiconductor manufacturing industry.

Rare earths and tariffs

China holds a powerful card in its near-total grip on rare earth mineral supply chains, with analysts cited by the Guardian suggesting Beijing may dangle a long-term commercial arrangement to grant US access to the commodities, on condition they are not used for military ends.

The issue has been a flashpoint in relations for years, with China’s decision to introduce export restrictions on rare earth elements in 2025 sending the US high-tech industry into turmoil. While in late 2025, Washington and Beijing reached a tentative “trade truce” – which expires this November – US industry leaders have complained of delays in export licenses and overall volatility in supply chains.

As for the wider trade war, both sides are also locked in a “ceasefire” that puts Trump’s effective tariffs at between 19% and 24% after peaking at 145% during intense tit-for-tat escalations. The US and China are reportedly debating a one-year extension in exchange for guaranteed rare earths flows.

The digital battleground

Trump’s visit comes as the White House has accused China of “stealing” AI technologies, including running “deliberate, industrial-scale campaigns” to extract capabilities from America-based AI models to train cheaper rivals.

In response, the Chinese Embassy in Washington said Beijing “opposes the unjustified suppression of Chinese companies by the US,” adding that it “attaches great importance to the protection of intellectual property rights.” 

Beijing has long protested what it views as a US crackdown on its tech companies, including restrictions on Huawei and a push to replace China-linked technology in American-connected cars, a policy widely seen as a blow to Chinese EV manufacturers.

https://www.rt.com/news/639861-trump-xi-summit-explainer/

 

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YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT — SINCE 2005.

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

         RABID ATHEIST.

         WELCOME TO THIS INSANE WORLD….

meanwhile:

 

China, EU agree on price undertaking guidance for Chinese EVs; a positive example for resolving trade dispute via consultation: expert

By Yin Yeping

 

China and the EU have agreed on price undertaking guidance for Chinese battery electric vehicles (EVs) makers, China's Ministry of Commerce (MOFCOM) announced on Monday, marking a significant step forward in resolving the two-year-long dispute.

Chinese industry analysts and business representatives said the latest move underscores the fact that the world's two major economies are capable of resolving trade disputes through consultation and dialogue, setting a positive and much-needed example at a time when the global economy is facing a rising trend of unilateralism and protectionism, marked by high tariffs.

And at a time of heightened global trade tensions, when certain countries frequently resort to punitive tariffs as a form of economic coercion, this latest move by China and the EU is particularly noteworthy in itself, as it seeks to uphold order in a multipolar world through dialogue, experts said.

According to the statement released by China's MOFCOM on Monday, China and the EU have conducted multiple rounds of consultations in the spirit of mutual respect, and both sides believe it is necessary to provide general guidance on price undertakings for Chinese exporters exporting battery electric vehicles for passengers to the EU, thereby enabling them to address relevant concerns in a way that is more practical, targeted, and consistent with WTO rules.

The EU issued the Guidance Document on Submission of Price Undertaking Offers, in which the EU acknowledges that it will assess each price undertaking offer against the same legal criteria in an objective and fair manner, following the principle of non-discrimination and in accordance with relevant WTO rules, said the MOFCOM.

The progress fully reflects the spirit of dialogue and the outcomes of consultations between China and the EU. It shows that both China and the EU have the ability and willingness to properly resolve differences through dialogue and consultation under the framework of WTO rules and maintain the stability of automotive industrial and supply chains in China, the EU, and the whole world, the MOFCOM said. 

This is conducive not only to ensuring the healthy development of China-EU economic and trade relations, but also to safeguarding the rules-based international trade order, according to the ministry.

The European Commission's statement reads that the guidance covers various aspects to be addressed in a possible undertaking offer, including the minimum import price, sales channels, cross-compensation, and future investments in the EU.

This document is intended to provide guidance to Chinese exporters that may consider price undertaking offers (UT offers) for exports of battery EVs for passengers  to the EU, which are currently subject to countervailing duties, said the EC.

Case history

The EU launched in October 2023 an anti-subsidy investigation into the imports of Chinese EVs after Ursula von der Leyen, president of the European Commission, alleged in September 2023 that imported Chinese EVs would flood Europe and distort the auto market, an allegation the Chinese authorities have firmly denied. 

Chinese commerce ministry and officials have on various occasions clarifiedthat Chinese EV manufacturers' rapid development is a result of constant tech innovations, a well-established supply chain system and full market competition, rather than subsidies.

In October 2024, the EU decided to impose definitive hefty countervailing duties on Chinese EVs for a period of five years, which has sparked strong opposition, with China calling the move "unfair, unreasonable and unobjective."

In April 2025, the Chinese and EU technical teams had commenced engagement on negotiations on EV pricing commitments after China's Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic held a talk via video on April 8.

According to a statement after the video talk, the two sides agreed to start consultation on issues concerning market access at an early date, and immediately start negotiations on EV pricing undertaking as well as issues related to bilateral investment cooperation in the auto sector, the Xinhua News Agency reported.

Constructive step

The EV trade dispute had persisted for more than two years, with China and the EU having engaged in prolonged and highly intensive consultations. The process characterized as repeated back-and-forth, in itself, underscores the complexity and sensitivity of the matter, Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, told the Global Times on Monday, noting that the trade issue directly involves the core interests and concerns of both sides. 

"The core principle emphasized in the guidance document is the principle of non-discrimination, which is itself one of the core principles of the WTO. This reflects the respect shown by both China and the EU for multilateral trade rules, as well as for the rules and spirit of the WTO," Tu said.

The latest outcome reached between the two sides not only sets a positive example for the resolution of China-EU trade disputes, but also provides an important reference for handling other potential trade issues that may arise between the two sides in the future, Shi Xiaoli, director of the WTO Law Research Center at the China University of Political Science and Law, told the Global Times on Monday. 

At present, China and the EU do still face certain trade issues. However, with such an example and model in place, future trade frictions are more likely to be resolved through bilateral consultations conducted on the basis of WTO rules, said Shi.

Moreover, this is inherently a shared interest of both China and the EU. China and the EU still have broad room for cooperation in EVs and the broader new energy field, which is beneficial to both sides, particularly for the EU which is promoting green transformation. "Properly addressing differences will not only support industrial development, but also help advance new energy technologies so they can more quickly and effectively contribute to tackling the global challenge of climate change," Shi said.

Greater outcome

The latest outcome has also drawn attention from industry groups, which welcomed the results between China and the EU and highlighted their broader significance in setting a positive example of resolving disputes through consultation rather than economic coercion, especially at a time when unilateralism and protectionism are on the rise in the world, exemplified by US tariffs.

For example, the China Chamber of Commerce to the European Union (CCCEU) said that as China and the EU are two major global economies, this joint decision carries significant bilateral relevance as well as a positive global demonstration effect, which the Chinese chamber highly appreciates.

"It not only supports the healthy and stable development of China-EU trade, investment, and bilateral relations, but also sends a clear and strong signal to global markets that both sides remain firmly committed to managing differences through dialogue and consultation, and to jointly upholding a rules-based multilateral trading system and an open global economy," the chamber said. 

CCCEU further noted that it believes that this constructive outcome will significantly boost market confidence, provide a more stable and predictable environment for Chinese EV manufacturers and related supply-chain companies operating in Europe, and promote deeper cooperation between China and the EU in market development, technological innovation, and other areas. This result is expected to inject fresh momentum into China-EU collaboration on green transition and industrial development, benefiting both sides and the wider global economy, said the chamber.

Also on Monday, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) said that acting in the spirit of mutual respect and dialogue, China and the EU have, through multiple rounds of consultations, successfully steered the case toward a "soft landing."

Properly resolving the EU's anti-subsidy case against Chinese EVs reflects the shared expectations of stakeholders across the China-EU EV industry chain. It will help promote the security and stability of the relevant industrial and supply chains, safeguard the overall China-EU economic and trade relationship, and uphold the rules-based international trading order, said the industry group. 

Tu said the approach contrasts sharply with that of the US, which often relies on unilateral and discriminatory measures, while China and the EU have addressed the issue through bilateral consultations under a multilateral, rules-based framework guided by non-discrimination. This sets a positive example for resolving China-EU trade disputes and may offer a reference for how major economies may handle future trade issues, said the expert.

https://www.globaltimes.cn/page/202601/1352989.shtml?id=11

 

 

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         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

         RABID ATHEIST.

         WELCOME TO THIS INSANE WORLD….

red lines....

US President Donald Trump is set to meet with Chinese President Xi Jinping, who he described on Tuesday as “a friend” and “somebody that we get along with.” Trump added that he plans to discuss the war with Iran, which the US and Israel have accused China of supporting.

The Chinese Embassy in the US, meanwhile, outlined four red lines in relations that “must not be challenged”: Taiwan, democracy and human rights, “development paths and political systems,” and “China’s development right.” Beijing has insisted that the US must not interfere in its domestic affairs or support what it calls the “separatist” government in Taipei.

The US-Israeli war against Iran further strained relations with China after the US Treasury sanctioned a Chinese refinery for allegedly purchasing Iranian oil. Beijing responded by barring its private refineries from complying with the sanctions, which Chinese officials denounced as illegal.

China has denied that it provides military aid to Iran and condemned the US for blacklisting Chinese satellite companies accused of supplying data to Tehran. “The Chinese government always asks Chinese companies to operate in accordance with laws and regulations. We will firmly protect Chinese businesses’ legitimate rights and interests,” Foreign Ministry spokesman Guo Jiakun said on Monday.

READ MORE: When titans talk: What’s at stake for Trump’s China visit?

Guo added that China is ready to work with the US and “manage differences in the spirit of equality, respect, and mutual benefit.”

https://www.rt.com/news/639921-china-red-lines-us/

 

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YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT — SINCE 2005.

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

         RABID ATHEIST.

         WELCOME TO THIS INSANE WORLD….

trumped?...

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

Trump gets RUDE AWAKENING as China RUINS HIS ARRIVAL!!!

 

MeidasTouch host Ben Meiselas reports on China giving Trump a rude awakening by downplaying his arrival to make it clear they don’t view his visit as any more important than other world leaders and to show Trump that China has the power and the cards during the meeting.

 

 

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YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT — SINCE 2005.

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

         RABID ATHEIST.

         WELCOME TO THIS INSANE WORLD….

 

WE SHALL SEE....

 

SEE ALSO: https://www.youtube.com/watch?v=YEE4CqV4uPk

Xi HUMILIATES Trump: US President LEFT Red-Faced as Xi DITCHES Grand Welcome at Beijing Airport