$13bn of that $18bn is lithium ion batts, imports of which have surged. But ev’s, steel and solar cells from China are rounding errors in volume/value. Tariffs on these are really about politics not heading off competition. But other industrial policy clearly sig here

👇think this is spot on given we aren’t in Kansas any more

Citadel is an asset manager with a very shouty website. The tariffs are all politics, don’t really do anything and maybe incoherent. But the rest is this is wtf?

This isn’t the first time it’s happened and ‘cancelling’ bad econ news or information has become quite common. Something rotten in the state of affairs when this happens. Reports on China’s Bad Lending Data Disappear on Social Media - Bloomberg bloomberg.com/news/articles/…

If this is just ‘future uncertain and events can intervene’, fine. But consistency of 20% poll leads & results +hostility to Tories,justify Lab maj odds.What could go wrong for Starmer? A lot actually, Laura Kuenssberg writes bbc.co.uk/news/uk-politi…

“Klopp’s Liverpool are the second-best team in England this century. Their problem is that they played at the same time as the best team: Pep Guardiola’s Manchester City” . How good were Klopp’s Liverpool? ft.com/content/1d4fdc…

Well she’s got a point. And has the inside track to boot.

‘Allowed to qualify’. Never watched a Eurovision but countries vote. So much petulance about a pop song competition. Says it all.

Watched it every year for 10 years. Says it all really

Curious story coming after determined state media efforts for days to deny overcapacity is a problem, but rather western envy. I wouldn’t take this battery story too seriously. China is committed to produce and lead/dominate advanced tech sectors caixinglobal.com/2024-05-09/chi…

Interesting Nicholas Eberstadt essay on depopulation in Asia in years and decades ahead, the never arriving Asian century, and US demographic exceptionalism. East Asia’s Coming Population Collapse | Foreign Affairs foreignaffairs.com/china/east-asi…

Extraordinary. Real Madrid , 0-1 to bayern, with 2 at the death goals now likely to go thru to CL final

My 2 Foos tickets went quickly. Here are 3 more for sale, in another block, good seats but SE corner of stadium looking from stage secure.ticketmaster.co.uk/rs/35005EDAD32…

If anyone wants a couple of Foos tickets (seats), London Stadium, 20th June, close to stage, here are 2 for sale face value: secure.ticketmaster.co.uk/rs/35005EDAD32…

The of a renminbi devaluation is real - and If there is pressure on the Chinese currency, it could far-reaching economic and political consequences: George Magnus column for the FT here
ft.com/content/3b127b…