(Preview) Bessent and an ‘Unsustainable’ Path; Making Sense of Hourly Madness; The PRC’s Message to the World; A Note on Canada
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Bill Bishop is the author of Sinocism)

On today’s show Andrew and Bill begin with Tuesday’s signals that the Trump administration may seek to deescalate its trade war, why Beijing may see it as confirmation that their patient approach is working, and questions about what’s next as the Trump messaging on trade changes by the day. From there: The PRC warns countries about cooperating with the US, and why the apparent US flip-flopping likely hurts their cause with third-party countries. At the end: A dispatch from Yiwu, more on PRC messages to third-party countries, and a listener’s note on Trump’s caustic approach to Canada.

To email the show: [email protected])

@SharpTechPodcast Channel — YouTube)

@Stratechery Channel — YouTube)

Appeasement of the US is not an option; Wang Yi on Xi's trip; Private economy law; More pilots for service sector opening — Sinocism)

Bessent Expects Tariff Standoff With China to De-Escalate — Bloomberg)

US markets rally as Treasury secretary says China trade war is ‘unsustainable’ — Financial Times)

China warns countries against striking trade deals with US at its expense — Reuters)

China urges Japan to help fight US tariffs together, Kyodo reports — Reuters)

Wang Yi urges stronger China-Austria ties, slams U.S. tariffs — CGTN)

Wang Yi holds phone call with UK Foreign Secretary David Lammy, stressing shared responsibility to uphold multilateral trade system — Global Times)

‘You Think We’re Afraid of America?’ — The Atlantic)

3 takeaways from my visit to Yiwu, the frontlines of the trade war — Chang Che)

Blame Canada - South Park — YouTube)