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https://twitter.com/TonyNashNerd/status/1977036957109866501Just as an example of how far the political debate has come -- Bob Lighthizer (no China dove) excluded rare earths and permanent magnets from the 301 tariffs back in 18 and 19 ...
https://x.com/RushDoshi/status/1976655818889035923
https://twitter.com/SecScottBessent/status/1975299966701871257
https://twitter.com/GlennLuk/status/1973416731142951099The adjustments made to the data lowered the "BoP" goods surplus relative to the customs balance --
https://twitter.com/Brad_Setser/status/1973139166473974112
https://twitter.com/acrossthecurve/status/1972414796504109347Chinese ag imports have long been a hostage to the state of the relationship -- and Xi certainly is aware of its political impact in the US
https://twitter.com/GlennLuk/status/1971913037763252269counter-consensus isn't necessarily wrong -- from a long time my argument that the state banks were helping the PBOC manage the currency ran against the DC consensus that China was moving toward a more flexible currency ...