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Trump Says China Trade, Tariff Deal ‘Done,’ Awaits His and Xi Jinping’s Approval

William Attardi on June 11, 2025

President Trump on Wednesday announced that the deal with China “is done,” and is awaiting his and Chinese President Xi Jinping’s approval. ,” Trump postedon Truth Social.  “OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!). WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER!” Trump says China trade, tariff deal ‘done,’ awaits his and Xi Jinping’s approval | Just The News

Tariff Tracker, May 12: An Agreement with China

William Attardi on May 12, 2025

The temporary agreement is seen as a potential breakthrough for negotiations with multiple countries.  In what is being described as a major trade breakthrough, the U.S. and China have agreed to slash tariffs for 90 days while both sides negotiate a new agreement. The decision has pushed stocks up on Monday, and is a solid beginning to what may be a long-term agreement. Chris Kuehl, Managing Partner and Co-Founder of Armada, tells us that while some questions remain, a long-term agreement will go a long way toward helping American manufacturing.  Tariff Tracker, May 12: An Agreement With China – electrifiED

AI Can’t Predict the Impact of Tariffs—but It Will Try by Isabelle Bousquette & Belle Lin

William Attardi on April 17, 2025

Companies are looking to technology to help navigate supply-chain uncertainty. Artificial intelligence was supposed to be a boon for helping companies navigate the impact of disruptions to their supply chains. But even this groundbreaking tech has its limits—and wasn’t ready for the far-reaching, on-and-off tariffs from President Trump. Businesses contending with ongoing uncertainty want help from their supply-chain technology providers. In recent weeks, several vendors have rolled out AI features intended to gauge the impact of new tariffs. There is one problem: Tech can’t forecast what Trump will do next. Even with AI, some businesses say technology won’t help them avoid all tariff-induced financial pain.  AI Can’t Predict the Impact of Tariffs—but It Will Try – WSJ

 

Hyundai Shows Off New $7.6B EV Plant Amid Tariff Announcement

William Attardi on March 31, 2025

Hyundai celebrated the opening of its new $7.6 billion electric vehicle factory in Georgia on Wednesday by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year. The newly announced Georgia expansion is part of $21 billion in U.S. investments over the next three years that Hyundai announced at the White House. Hyundai began producing EVs just shy of six months ago at its sprawling manufacturing plant in southeast Georgia. More than 1,200 people are working there. Hyundai employees worked the assembly line alongside hundreds of robots that stamp sheets of steel into fenders and door panels, weld and paint auto bodies and even park finished vehicles awaiting their final inspections. Hyundai Shows Off New $7.6B EV Plant Amid Tariff Announcement – electrifiED

SATCO Guaranteed Price Protection

William Attardi on January 29, 2025

As we navigate the evolving global trade environment regarding the possible impact of new import tariffs, we want to assure you that we have taken proactive steps in our supply chain management to protect pricing and ensure product availability during this uncertain time. Through strategic diversification of our production across multiple countries of origin and an increase in our inventory levels, we have fortified our supply chain to maintain stability and reliability. Therefore, we are committed to holding our current pricing in place through May 31, 2025.  Should trade dynamics change because of new tariffs or regulatory changes, resulting in the need to adjust pricing, a minimum of 60-day notice would be provided and would not go into effect prior to May 31st.  https://www.satco.com/ 

Interesting: The Three Pillars of Independence of an Organization

The 3 Pillars of Independence most commonly refers to a framework from the UK voluntary sector (specifically promoted by organizations like Bond and the Directory of Social Change). It is a toolkit for assessing and maintaining the independence of charities, NGOs, or civil society organizations.

The Three Pillars are:

  1. Independent of Party Politics – The organization (or regulator) must remain free from bias or influence by any political party or the government of the day. Decisions should be impartial, not favoring one political side.
  2. Independent of Populism – It should not be swayed by popular public opinion, media-driven campaigns, or transient public pressure, especially on controversial or unpopular causes.
  3. Independent of the Press – Freedom from media influence or pressure, ensuring decisions are based on evidence and law rather than headlines or public narratives.

This toolkit was created to monitor potential political encroachment on charitable regulation and to ensure charities can operate without undue external interference.

 

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