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Last time we spoke about the surrender of Japan. Emperor Hirohito announced the surrender on August 15, prompting mixed public reactions: grief, shock, and sympathy for the Emperor, tempered by fear of hardship and occupation. The government's response included resignations and suicide as new leadership was brought in under Prime Minister Higashikuni, with Mamoru Shigemitsu as Foreign Minister and Kawabe Torashiro heading a delegation to Manila. General MacArthur directed the occupation plan, “Blacklist,” prioritizing rapid, phased entry into key Japanese areas and Korea, while demobilizing enemy forces. The surrender ceremony occurred aboard the Missouri in Tokyo Bay on September 2, with Wainwright, Percival, Nimitz, and UN representatives in attendance. Civilians and soldiers across Asia began surrendering, and postwar rehabilitation, Indochina and Vietnam's independence movements, and Southeast Asian transitions rapidly unfolded as Allied forces established control. This episode is the Aftermath of the Pacific War Welcome to the Pacific War Podcast Week by Week, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about world war two? Kings and Generals have an assortment of episodes on world war two and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel you can find a few videos all the way from the Opium Wars of the 1800's until the end of the Pacific War in 1945.  The Pacific War has ended. Peace has been restored by the Allies and most of the places conquered by the Japanese Empire have been liberated. In this post-war period, new challenges would be faced for those who won the war; and from the ashes of an empire, a defeated nation was also seeking to rebuild. As the Japanese demobilized their armed forces, many young boys were set to return to their homeland, even if they had previously thought that they wouldn't survive the ordeal. And yet, there were some cases of isolated men that would continue to fight for decades even, unaware that the war had already ended.  As we last saw, after the Japanese surrender, General MacArthur's forces began the occupation of the Japanese home islands, while their overseas empire was being dismantled by the Allies. To handle civil administration, MacArthur established the Military Government Section, commanded by Brigadier-General William Crist, staffed by hundreds of US experts trained in civil governance who were reassigned from Okinawa and the Philippines. As the occupation began, Americans dispatched tactical units and Military Government Teams to each prefecture to ensure that policies were faithfully carried out. By mid-September, General Eichelberger's 8th Army had taken over the Tokyo Bay region and began deploying to occupy Hokkaido and the northern half of Honshu. Then General Krueger's 6th Army arrived in late September, taking southern Honshu and Shikoku, with its base in Kyoto. In December, 6th Army was relieved of its occupation duties; in January 1946, it was deactivated, leaving the 8th Army as the main garrison force. By late 1945, about 430,000 American soldiers were garrisoned across Japan. President Truman approved inviting Allied involvement on American terms, with occupation armies integrated into a US command structure. Yet with the Chinese civil war and Russia's reluctance to place its forces under MacArthur's control, only Australia, Britain, India, and New Zealand sent brigades, more than 40,000 troops in southwestern Japan. Japanese troops were gradually disarmed by order of their own commanders, so the stigma of surrender would be less keenly felt by the individual soldier. In the homeland, about 1.5 million men were discharged and returned home by the end of August. Demobilization overseas, however, proceeded, not quickly, but as a long, difficult process of repatriation. In compliance with General Order No. 1, the Japanese Imperial General Headquarters disbanded on September 13 and was superseded by the Japanese War Department to manage demobilization. By November 1, the homeland had demobilized 2,228,761 personnel, roughly 97% of the Homeland Army. Yet some 6,413,215 men remained to be repatriated from overseas. On December 1, the Japanese War Ministry dissolved, and the First Demobilization Ministry took its place. The Second Demobilization Ministry was established to handle IJN demobilization, with 1,299,868 sailors, 81% of the Navy, demobilized by December 17. Japanese warships and merchant ships had their weapons rendered inoperative, and suicide craft were destroyed. Forty percent of naval vessels were allocated to evacuations in the Philippines, and 60% to evacuations of other Pacific islands. This effort eventually repatriated about 823,984 men to Japan by February 15, 1946. As repatriation accelerated, by October 15 only 1,909,401 men remained to be repatriated, most of them in the Soviet Union. Meanwhile, the Higashikuni Cabinet and Foreign Minister Shigemitsu Mamoru managed to persuade MacArthur not to impose direct military rule or martial law over all of Japan. Instead, the occupation would be indirect, guided by the Japanese government under the Emperor's direction. An early decision to feed occupation forces from American supplies, and to allow the Japanese to use their own limited food stores, helped ease a core fear: that Imperial forces would impose forced deliveries on the people they conquered. On September 17, MacArthur transferred his headquarters from Yokohama to Tokyo, setting up primary offices on the sixth floor of the Dai-Ichi Mutual Life Insurance Building, an imposing edifice overlooking the moat and the Imperial palace grounds in Hibiya, a symbolic heart of the nation.  While the average soldier did not fit the rapacious image of wartime Japanese propagandists, occupation personnel often behaved like neo-colonial overlords. The conquerors claimed privileges unimaginable to most Japanese. Entire trains and train compartments, fitted with dining cars, were set aside for the exclusive use of occupation forces. These silenced, half-empty trains sped past crowded platforms, provoking ire as Japanese passengers were forced to enter and exit packed cars through punched-out windows, or perch on carriage roofs, couplings, and running boards, often with tragic consequences. The luxury express coaches became irresistible targets for anonymous stone-throwers. During the war, retrenchment measures had closed restaurants, cabarets, beer halls, geisha houses, and theatres in Tokyo and other large cities. Now, a vast leisure industry sprang up to cater to the needs of the foreign occupants. Reopened restaurants and theatres, along with train stations, buses, and streetcars, were sometimes kept off limits to Allied personnel, partly for security, partly to avoid burdening Japanese resources, but a costly service infrastructure was built to the occupiers' specifications. Facilities reserved for occupation troops bore large signs reading “Japanese Keep Out” or “For Allied Personnel Only.” In downtown Tokyo, important public buildings requisitioned for occupation use had separate entrances for Americans and Japanese. The effect? A subtle but clear colour bar between the predominantly white conquerors and the conquered “Asiatic” Japanese. Although MacArthur was ready to work through the Japanese government, he lacked the organizational infrastructure to administer a nation of 74 million. Consequently, on October 2, MacArthur dissolved the Military Government Section and inaugurated General Headquarters, Supreme Commander for the Allied Powers, a separate headquarters focused on civil affairs and operating in tandem with the Army high command. SCAP immediately assumed responsibility for administering the Japanese home islands. It commandeered every large building not burned down to house thousands of civilians and requisitioned vast tracts of prime real estate to quarter several hundred thousand troops in the Tokyo–Yokohama area alone. Amidst the rise of American privilege, entire buildings were refurbished as officers' clubs, replete with slot machines and gambling parlours installed at occupation expense. The Stars and Stripes were hoisted over Tokyo, while the display of the Rising Sun was banned; and the downtown area, known as “Little America,” was transformed into a US enclave. The enclave mentality of this cocooned existence was reinforced by the arrival within the first six months of roughly 700 American families. At the peak of the occupation, about 14,800 families employed some 25,000 Japanese servants to ease the “rigours” of overseas duty. Even enlisted men in the sparse quonset-hut towns around the city lived like kings compared with ordinary Japanese. Japanese workers cleaned barracks, did kitchen chores, and handled other base duties. The lowest private earned a 25% hardship bonus until these special allotments were discontinued in 1949. Most military families quickly adjusted to a pampered lifestyle that went beyond maids and “boys,” including cooks, laundresses, babysitters, gardeners, and masseuses. Perks included spacious quarters with swimming pools, central heating, hot running water, and modern plumbing. Two observers compared GHQ to the British Raj at its height. George F. Kennan, head of the State Department's Policy Planning Staff, warned during his 1948 mission to Japan that Americans had monopolized “everything that smacks of comfort or elegance or luxury,” criticizing what he called the “American brand of philistinism” and the “monumental imperviousness” of MacArthur's staff to the Japanese suffering. This conqueror's mentality also showed in the bullying attitudes many top occupation officials displayed toward the Japanese with whom they dealt. Major Faubion Bowers, MacArthur's military secretary, later said, “I and nearly all the occupation people I knew were extremely conceited and extremely arrogant and used our power every inch of the way.” Initially, there were spasms of defiance against the occupation forces, such as anonymous stone-throwing, while armed robbery and minor assaults against occupation personnel were rife in the weeks and months after capitulation. Yet active resistance was neither widespread nor organized. The Americans successfully completed their initial deployment without violence, an astonishing feat given a heavily armed and vastly superior enemy operating on home terrain. The average citizen regarded the occupation as akin to force majeure, the unfortunate but inevitable aftermath of a natural calamity. Japan lay prostrate. Industrial output had fallen to about 10% of pre-war levels, and as late as 1946, more than 13 million remained unemployed. Nearly 40% of Japan's urban areas had been turned to rubble, and some 9 million people were homeless. The war-displaced, many of them orphans, slept in doorways and hallways, in bombed-out ruins, dugouts and packing crates, under bridges or on pavements, and crowded the hallways of train and subway stations. As winter 1945 descended, with food, fuel, and clothing scarce, people froze to death. Bonfires lit the streets to ward off the chill. "The only warm hands I have shaken thus far in Japan belonged to Americans," Mark Gayn noted in December 1945. "The Japanese do not have much of a chance to thaw out, and their hands are cold and red." Unable to afford shoes, many wore straw sandals; those with geta felt themselves privileged. The sight of a man wearing a woman's high-buttoned shoes in winter epitomized the daily struggle to stay dry and warm. Shantytowns built of scrap wood, rusted metal, and scavenged odds and ends sprang up everywhere, resembling vast junk yards. The poorest searched smouldering refuse heaps for castoffs that might be bartered for a scrap to eat or wear. Black markets (yami'ichi) run by Japanese, Koreans, and For-mosans mushroomed to replace collapsed distribution channels and cash in on inflated prices. Tokyo became "a world of scarcity in which every nail, every rag, and even a tangerine peel [had a] market value." Psychologically numbed, disoriented, and disillusioned with their leaders, demobilized veterans and civilians alike struggled to get their bearings, shed militaristic ideologies, and begin to embrace new values. In the vacuum of defeat, the Japanese people appeared ready to reject the past and grasp at the straw held out by the former enemy. Relations between occupier and occupied were not smooth, however. American troops comported themselves like conquerors, especially in the early weeks and months of occupation. Much of the violence was directed against women, with the first attacks beginning within hours after the landing of advance units. When US paratroopers landed in Sapporo, an orgy of looting, sexual violence, and drunken brawling ensued. Newspaper accounts reported 931 serious offences by GIs in the Yokohama area during the first week of occupation, including 487 armed robberies, 411 thefts of currency or goods, 9 rapes, 5 break-ins, 3 cases of assault and battery, and 16 other acts of lawlessness. In the first 10 days of occupation, there were 1,336 reported rapes by US soldiers in Kanagawa Prefecture alone. Americans were not the only perpetrators. A former prostitute recalled that when Australian troops arrived in Kure in early 1946, they “dragged young women into their jeeps, took them to the mountain, and then raped them. I heard them screaming for help nearly every night.” Such behaviour was commonplace, but news of criminal activity by occupation forces was quickly suppressed. On September 10, 1945, SCAP issued press and pre-censorship codes outlawing the publication of reports and statistics "inimical to the objectives of the occupation." In the sole instance of self-help General Eichelberger records in his memoirs, when locals formed a vigilante group and retaliated against off-duty GIs, 8th Army ordered armored vehicles into the streets and arrested the ringleaders, who received lengthy prison terms. Misbehavior ranged from black-market activity, petty theft, reckless driving, and disorderly conduct to vandalism, arson, murder, and rape. Soldiers and sailors often broke the law with impunity, and incidents of robbery, rape, and even murder were widely reported. Gang rapes and other sex atrocities were not infrequent; victims, shunned as outcasts, sometimes turned to prostitution in desperation, while others took their own lives to avoid bringing shame to their families. Military courts arrested relatively few soldiers for these offenses and convicted even fewer; Japanese attempts at self-defense were punished severely, and restitution for victims was rare. Fearing the worst, Japanese authorities had already prepared countermeasures against the supposed rapacity of foreign soldiers. Imperial troops in East Asia and the Pacific had behaved brutally toward women, so the government established “sexual comfort-stations” manned by geisha, bar hostesses, and prostitutes to “satisfy the lust of the Occupation forces,” as the Higashikuni Cabinet put it. A budget of 100 million yen was set aside for these Recreation and Amusement Associations, financed initially with public funds but run as private enterprises under police supervision. Through these, the government hoped to protect the daughters of the well-born and middle class by turning to lower-class women to satisfy the soldiers' sexual appetites. By the end of 1945, brothel operators had rounded up an estimated 20,000 young women and herded them into RAA establishments nationwide. Eventually, as many as 70,000 are said to have ended up in the state-run sex industry. Thankfully, as military discipline took hold and fresh troops replaced the Allied veterans responsible for the early crime wave, violence subsided and the occupier's patronising behavior and the ugly misdeeds of a lawless few were gradually overlooked. However, fraternisation was frowned upon by both sides, and segregation was practiced in principle, with the Japanese excluded from areas reserved for Allied personnel until September 1949, when MacArthur lifted virtually all restrictions on friendly association, stating that he was “establishing the same relations between occupation personnel and the Japanese population as exists between troops stationed in the United States and the American people.” In principle, the Occupation's administrative structure was highly complex. The Far Eastern Commission, based in Washington, included representatives from all 13 countries that had fought against Japan and was established in 1946 to formulate basic principles. The Allied Council for Japan was created in the same year to assist in developing and implementing surrender terms and in administering the country. It consisted of representatives from the USA, the USSR, Nationalist China, and the British Commonwealth. Although both bodies were active at first, they were largely ineffectual due to unwieldy decision-making, disagreements between the national delegations (especially the USA and USSR), and the obstructionism of General Douglas MacArthur. In practice, SCAP, the executive authority of the occupation, effectively ruled Japan from 1945 to 1952. And since it took orders only from the US government, the Occupation became primarily an American affair. The US occupation program, effectively carried out by SCAP, was revolutionary and rested on a two-pronged approach. To ensure Japan would never again become a menace to the United States or to world peace, SCAP pursued disarmament and demilitarization, with continuing control over Japan's capacity to make war. This involved destroying military supplies and installations, demobilizing more than five million Japanese soldiers, and thoroughly discrediting the military establishment. Accordingly, SCAP ordered the purge of tens of thousands of designated persons from public service positions, including accused war criminals, military officers, leaders of ultranationalist societies, leaders in the Imperial Rule Assistance Association, business leaders tied to overseas expansion, governors of former Japanese colonies, and national leaders who had steered Japan into war. In addition, MacArthur's International Military Tribunal for the Far East established a military court in Tokyo. It had jurisdiction over those charged with Class A crimes, top leaders who had planned and directed the war. Also considered were Class B charges, covering conventional war crimes, and Class C charges, covering crimes against humanity. Yet the military court in Tokyo wouldn't be the only one. More than 5,700 lower-ranking personnel were charged with conventional war crimes in separate trials convened by Australia, China, France, the Dutch East Indies, the Philippines, the United Kingdom, and the United States. Of the 5,700 Japanese individuals indicted for Class B war crimes, 984 were sentenced to death; 475 received life sentences; 2,944 were given more limited prison terms; 1,018 were acquitted; and 279 were never brought to trial or not sentenced. Among these, many, like General Ando Rikichi and Lieutenant-General Nomi Toshio, chose to commit suicide before facing prosecution. Notable cases include Lieutenant-General Tani Hisao, who was sentenced to death by the Nanjing War Crimes Tribunal for his role in the Nanjing Massacre; Lieutenant-General Sakai Takashi, who was executed in Nanjing for the murder of British and Chinese civilians during the occupation of Hong Kong. General Okamura Yasuji was convicted of war crimes by the Tribunal, yet he was immediately protected by the personal order of Nationalist leader Chiang Kai-Shek, who kept him as a military adviser for the Kuomintang. In the Manila trials, General Yamashita Tomoyuki was sentenced to death as he was in overall command during the Sook Ching massacre, the Rape of Manila, and other atrocities. Lieutenant-General Homma Masaharu was likewise executed in Manila for atrocities committed by troops under his command during the Bataan Death March. General Imamura Hitoshi was sentenced to ten years in prison, but he considered the punishment too light and even had a replica of the prison built in his garden, remaining there until his death in 1968. Lieutenant-General Kanda Masatane received a 14-year sentence for war crimes on Bougainville, though he served only four years. Lieutenant-General Adachi Hatazo was sentenced to life imprisonment for war crimes in New Guinea and subsequently committed suicide on September 10, 1947. Lieutenant-General Teshima Fusataro received three years of forced labour for using a hospital ship to transport troops. Lieutenant-General Baba Masao was sentenced to death for ordering the Sandakan Death Marches, during which over 2,200 Australian and British prisoners of war perished. Lieutenant-General Tanabe Moritake was sentenced to death by a Dutch military tribunal for unspecified war crimes. Rear-Admiral Sakaibara Shigematsu was executed in Guam for ordering the Wake Island massacre, in which 98 American civilians were murdered. Lieutenant-General Inoue Sadae was condemned to death in Guam for permitting subordinates to execute three downed American airmen captured in Palau, though his sentence was commuted to life imprisonment in 1951 and he was released in 1953. Lieutenant-General Tachibana Yoshio was sentenced to death in Guam for his role in the Chichijima Incident, in which eight American airmen were cannibalized. By mid-1945, due to the Allied naval blockade, the 25,000 Japanese troops on Chichijima had run low on supplies. However, although the daily rice ration had been reduced from 400 grams per person per day to 240 grams, the troops were not at risk of starvation. In February and March 1945, in what would later be called the Chichijima incident, Tachibana Yoshio's senior staff turned to cannibalism. Nine American airmen had escaped from their planes after being shot down during bombing raids on Chichijima, eight of whom were captured. The ninth, the only one to evade capture, was future US President George H. W. Bush, then a 20-year-old pilot. Over several months, the prisoners were executed, and reportedly by the order of Major Matoba Sueyo, their bodies were butchered by the division's medical orderlies, with the livers and other organs consumed by the senior staff, including Matoba's superior Tachibana. In the Yokohama War Crimes Trials, Lieutenant-Generals Inada Masazumi and Yokoyama Isamu were convicted for their complicity in vivisection and other human medical experiments performed at Kyushu Imperial University on downed Allied airmen. The Tokyo War Crimes Trial, which began in May 1946 and lasted two and a half years, resulted in the execution by hanging of Generals Doihara Kenji and Itagaki Seishiro, and former Prime Ministers Hirota Koki and Tojo Hideki, for war crimes, crimes against humanity, and crimes against peace, specifically for the escalation of the Pacific War and for permitting the inhumane treatment of prisoners of war. Also sentenced to death were Lieutenant-General Muto Akira for his role in the Nanjing and Manila massacres; General Kimura Heitaro for planning the war strategy in China and Southeast Asia and for laxity in preventing atrocities against prisoners of war in Burma; and General Matsui Iwane for his involvement in the Rape of Nanjing. The seven defendants who were sentenced to death were executed at Sugamo Prison in Ikebukuro on December 23, 1948. Sixteen others were sentenced to life imprisonment, including the last Field Marshal Hata Shunroku, Generals Araki Sadao, Minami Hiro, and Umezu Shojiro, Admiral Shimada Shigetaro, former Prime Ministers Hiranuma Kiichiro and Koiso Kuniaki, Marquis Kido Koichi, and Colonel Hashimoto Kingoro, a major instigator of the second Sino-Japanese War. Additionally, former Foreign Ministers Togo Shigenori and Shigemitsu Mamoru received seven- and twenty-year sentences, respectively. The Soviet Union and Chinese Communist forces also held trials of Japanese war criminals, including the Khabarovsk War Crime Trials, which tried and found guilty some members of Japan's bacteriological and chemical warfare unit known as Unit 731. However, those who surrendered to the Americans were never brought to trial, as MacArthur granted immunity to Lieutenant-General Ishii Shiro and all members of the bacteriological research units in exchange for germ-w warfare data derived from human experimentation. If you would like to learn more about what I like to call Japan's Operation Paper clip, whereupon the US grabbed many scientists from Unit 731, check out my exclusive podcast. The SCAP-turn to democratization began with the drafting of a new constitution in 1947, addressing Japan's enduring feudal social structure. In the charter, sovereignty was vested in the people, and the emperor was designated a “symbol of the state and the unity of the people, deriving his position from the will of the people in whom resides sovereign power.” Because the emperor now possessed fewer powers than European constitutional monarchs, some have gone so far as to say that Japan became “a republic in fact if not in name.” Yet the retention of the emperor was, in fact, a compromise that suited both those who wanted to preserve the essence of the nation for stability and those who demanded that the emperor system, though not necessarily the emperor, should be expunged. In line with the democratic spirit of the new constitution, the peerage was abolished and the two-chamber Diet, to which the cabinet was now responsible, became the highest organ of state. The judiciary was made independent and local autonomy was granted in vital areas of jurisdiction such as education and the police. Moreover, the constitution stipulated that “the people shall not be prevented from enjoying any of the fundamental human rights,” that they “shall be respected as individuals,” and that “their right to life, liberty, and the pursuit of happiness shall … be the supreme consideration in legislation.” Its 29 articles guaranteed basic human rights: equality, freedom from discrimination on the basis of race, creed, sex, social status or family origin, freedom of thought and freedom of religion. Finally, in its most controversial section, Article 9, the “peace clause,” Japan “renounce[d] war as a sovereign right of the nation” and vowed not to maintain any military forces and “other war potential.” To instill a thoroughly democratic ethos, reforms touched every facet of society. The dissolution of the zaibatsu decentralised economic power; the 1945 Labour Union Law and the 1946 Labour Relations Act guaranteed workers the right to collective action; the 1947 Labour Standards Law established basic working standards for men and women; and the revised Civil Code of 1948 abolished the patriarchal household and enshrined sexual equality. Reflecting core American principles, SCAP introduced a 6-3-3 schooling system, six years of compulsory elementary education, three years of junior high, and an optional three years of senior high, along with the aim of secular, locally controlled education. More crucially, ideological reform followed: censorship of feudal material in media, revision of textbooks, and prohibition of ideas glorifying war, dying for the emperor, or venerating war heroes. With women enfranchised and young people shaped to counter militarism and ultranationalism, rural Japan was transformed to undermine lingering class divisions. The land reform program provided for the purchase of all land held by absentee landlords, allowed resident landlords and owner-farmers to retain a set amount of land, and required that the remaining land be sold to the government so it could be offered to existing tenants. In 1948, amid the intensifying tensions of the Cold War that would soon culminate in the Korean War, the occupation's focus shifted from demilitarization and democratization toward economic rehabilitation and, ultimately, the remilitarization of Japan, an shift now known as the “Reverse Course.” The country was thus rebuilt as the Pacific region's primary bulwark against the spread of Communism. An Economic Stabilisation Programme was introduced, including a five-year plan to coordinate production and target capital through the Reconstruction Finance Bank. In 1949, the anti-inflationary Dodge Plan was adopted, advocating balanced budgets, fixing the exchange rate at 360 yen to the dollar, and ending broad government intervention. Additionally, the Ministry of International Trade and Industry was formed and supported the formation of conglomerates centered around banks, which encouraged the reemergence of a somewhat weakened set of zaibatsu, including Mitsui and Mitsubishi. By the end of the Occupation era, Japan was on the verge of surpassing its 1934–1936 levels of economic growth. Equally important was Japan's rearmament in alignment with American foreign policy: a National Police Reserve of about 75,000 was created with the outbreak of the Korean War; by 1952 it had expanded to 110,000 and was renamed the Self-Defense Force after the inclusion of an air force. However, the Reverse Course also facilitated the reestablishment of conservative politics and the rollback of gains made by women and the reforms of local autonomy and education. As the Occupation progressed, the Americans permitted greater Japanese initiative, and power gradually shifted from the reformers to the moderates. By 1949, the purge of the right came under review, and many who had been condemned began returning to influence, if not to the Diet, then to behind-the-scenes power. At the same time, Japanese authorities, with MacArthur's support, began purging left-wing activists. In June 1950, for example, the central office of the Japan Communist Party and the editorial board of The Red Flag were purged. The gains made by women also seemed to be reversed. Women were elected to 8% of available seats in the first lower-house election in 1946, but to only 2% in 1952, a trend not reversed until the so-called Madonna Boom of the 1980s. Although the number of women voting continued to rise, female politicisation remained more superficial than might be imagined. Women's employment also appeared little affected by labour legislation: though women formed nearly 40% of the labor force in 1952, they earned only 45% as much as men. Indeed, women's attitudes toward labor were influenced less by the new ethos of fulfilling individual potential than by traditional views of family and workplace responsibilities. In the areas of local autonomy and education, substantial modifications were made to the reforms. Because local authorities lacked sufficient power to tax, they were unable to realise their extensive powers, and, as a result, key responsibilities were transferred back to national jurisdiction. In 1951, for example, 90% of villages and towns placed their police forces under the control of the newly formed National Police Agency. Central control over education was also gradually reasserted; in 1951, the Yoshida government attempted to reintroduce ethics classes, proposed tighter central oversight of textbooks, and recommended abolishing local school board elections. By the end of the decade, all these changes had been implemented. The Soviet occupation of the Kurile Islands and the Habomai Islets was completed with Russian troops fully deployed by September 5. Immediately after the onset of the occupation, amid a climate of insecurity and fear marked by reports of sporadic rape and physical assault and widespread looting by occupying troops, an estimated 4,000 islanders fled to Hokkaido rather than face an uncertain repatriation. As Soviet forces moved in, they seized or destroyed telephone and telegraph installations and halted ship movements into and out of the islands, leaving residents without adequate food and other winter provisions. Yet, unlike Manchuria, where Japanese civilians faced widespread sexual violence and pillage, systematic violence against the civilian population on the Kuriles appears to have been exceptional. A series of military government proclamations assured islanders of safety so long as they did not resist Soviet rule and carried on normally; however, these orders also prohibited activities not explicitly authorized by the Red Army, which imposed many hardships on civilians. Residents endured harsh conditions under Soviet rule until late 1948, when Japanese repatriation out of the Kurils was completed. The Kuriles posed a special diplomatic problem, as the occupation of the southernmost islands—the Northern Territories—ignited a long-standing dispute between Tokyo and Moscow that continues to impede the normalisation of relations today. Although the Kuriles were promised to the Soviet Union in the Yalta agreement, Japan and the United States argued that this did not apply to the Northern Territories, since they were not part of the Kurile Islands. A substantial dispute regarding the status of the Kurile Islands arose between the United States and the Soviet Union during the preparation of the Treaty of San Francisco, which was intended as a permanent peace treaty between Japan and the Allied Powers of World War II. The treaty was ultimately signed by 49 nations in San Francisco on September 8, 1951, and came into force on April 28, 1952. It ended Japan's role as an imperial power, allocated compensation to Allied nations and former prisoners of war who had suffered Japanese war crimes, ended the Allied post-war occupation of Japan, and returned full sovereignty to Japan. Effectively, the document officially renounced Japan's treaty rights derived from the Boxer Protocol of 1901 and its rights to Korea, Formosa and the Pescadores, the Kurile Islands, the Spratly Islands, Antarctica, and South Sakhalin. Japan's South Seas Mandate, namely the Mariana Islands, Marshall Islands, and Caroline Islands, had already been formally revoked by the United Nations on July 18, 1947, making the United States responsible for administration of those islands under a UN trusteeship agreement that established the Trust Territory of the Pacific Islands. In turn, the Bonin, Volcano, and Ryukyu Islands were progressively restored to Japan between 1953 and 1972, along with the Senkaku Islands, which were disputed by both Communist and Nationalist China. In addition, alongside the Treaty of San Francisco, Japan and the United States signed a Security Treaty that established a long-lasting military alliance between them. Although Japan renounced its rights to the Kuriles, the U.S. State Department later clarified that “the Habomai Islands and Shikotan ... are properly part of Hokkaido and that Japan is entitled to sovereignty over them,” hence why the Soviets refused to sign the treaty. Britain and the United States agreed that territorial rights would not be granted to nations that did not sign the Treaty of San Francisco, and as a result the Kurile Islands were not formally recognized as Soviet territory. A separate peace treaty, the Treaty of Taipei (formally the Sino-Japanese Peace Treaty), was signed in Taipei on April 28, 1952 between Japan and the Kuomintang, and on June 9 of that year the Treaty of Peace Between Japan and India followed. Finally, Japan and the Soviet Union ended their formal state of war with the Soviet–Japanese Joint Declaration of 1956, though this did not settle the Kurile Islands dispute. Even after these formal steps, Japan as a nation was not in a formal state of war, and many Japanese continued to believe the war was ongoing; those who held out after the surrender came to be known as Japanese holdouts.  Captain Oba Sakae and his medical company participated in the Saipan campaign beginning on July 7, 1944, and took part in what would become the largest banzai charge of the Pacific War. After 15 hours of intense hand-to-hand combat, almost 4,300 Japanese soldiers were dead, and Oba and his men were presumed among them. In reality, however, he survived the battle and gradually assumed command of over a hundred additional soldiers. Only five men from his original unit survived the battle, two of whom died in the following months. Oba then led over 200 Japanese civilians deeper into the jungles to evade capture, organizing them into mountain caves and hidden jungle villages. When the soldiers were not assisting the civilians with survival tasks, Oba and his men continued their battle against the garrison of US Marines. He used the 1,552‑ft Mount Tapochau as their primary base, which offered an unobstructed 360-degree view of the island. From their base camp on the western slope of the mountain, Oba and his men occasionally conducted guerrilla-style raids on American positions. Due to the speed and stealth of these operations, and the Marines' frustrated attempts to find him, the Saipan Marines eventually referred to Oba as “The Fox.” Oba and his men held out on the island for 512 days, or about 16 months. On November 27, 1945, former Major-General Amo Umahachi was able to draw out some of the Japanese in hiding by singing the anthem of the Japanese infantry branch. Amo was then able to present documents from the defunct IGHQ to Oba ordering him and his 46 remaining men to surrender themselves to the Americans. On December 1, the Japanese soldiers gathered on Tapochau and sang a song of departure to the spirits of the war dead; Oba led his people out of the jungle and they presented themselves to the Marines of the 18th Anti-Aircraft Artillery Company. With great formality and commensurate dignity, Oba surrendered his sword to Lieutenant Colonel Howard G. Kirgis, and his men surrendered their arms and colors. On January 2, 1946, 20 Japanese soldiers hiding in a tunnel at Corregidor Island surrendered after learning the war had ended from a newspaper found while collecting water. In that same month, 120 Japanese were routed after a battle in the mountains 150 miles south of Manila. In April, during a seven-week campaign to clear Lubang Island, 41 more Japanese emerged from the jungle, unaware that the war had ended; however, a group of four Japanese continued to resist. In early 1947, Lieutenant Yamaguchi Ei and his band of 33 soldiers renewed fighting with the small Marine garrison on Peleliu, prompting reinforcements under Rear-Admiral Charles Pownall to be brought to the island to hunt down the guerrilla group. Along with them came former Rear-Admiral Sumikawa Michio, who ultimately convinced Yamaguchi to surrender in April after almost three years of guerrilla warfare. Also in April, seven Japanese emerged from Palawan Island and fifteen armed stragglers emerged from Luzon. In January 1948, 200 troops surrendered on Mindanao; and on May 12, the Associated Press reported that two unnamed Japanese soldiers had surrendered to civilian policemen in Guam the day before. On January 6, 1949, two former IJN soldiers, machine gunners Matsudo Rikio and Yamakage Kufuku, were discovered on Iwo Jima and surrendered peacefully. In March 1950, Private Akatsu Yūichi surrendered in the village of Looc, leaving only three Japanese still resisting on Lubang. By 1951 a group of Japanese on Anatahan Island refused to believe that the war was over and resisted every attempt by the Navy to remove them. This group was first discovered in February 1945, when several Chamorros from Saipan were sent to the island to recover the bodies of a Saipan-based B-29. The Chamorros reported that there were about thirty Japanese survivors from three ships sunk in June 1944, one of which was an Okinawan woman. Personal aggravations developed from the close confines of a small group on a small island and from tuba drinking; among the holdouts, 6 of 11 deaths were the result of violence, and one man displayed 13 knife wounds. The presence of only one woman, Higa Kazuko, caused considerable difficulty as she would transfer her affections among at least four men after each of them mysteriously disappeared, purportedly “swallowed by the waves while fishing.” According to the more sensational versions of the Anatahan tale, 11 of the 30 navy sailors stranded on the island died due to violent struggles over her affections. In July 1950, Higa went to the beach when an American vessel appeared offshore and finally asked to be removed from the island. She was taken to Saipan aboard the Miss Susie and, upon arrival, told authorities that the men on the island did not believe the war was over. As the Japanese government showed interest in the situation on Anatahan, the families of the holdouts were contacted in Japan and urged by the Navy to write letters stating that the war was over and that the holdouts should surrender. The letters were dropped by air on June 26 and ultimately convinced the holdouts to give themselves up. Thus, six years after the end of World War II, “Operation Removal” commenced from Saipan under the command of Lt. Commander James B. Johnson, USNR, aboard the Navy Tug USS Cocopa. Johnson and an interpreter went ashore by rubber boat and formally accepted the surrender on the morning of June 30, 1951. The Anatahan femme fatale story later inspired the 1953 Japanese film Anatahan and the 1998 novel Cage on the Sea. In 1953, Murata Susumu, the last holdout on Tinian, was finally captured. The next year, on May 7, Corporal Sumada Shoichi was killed in a clash with Filipino soldiers, leaving only two Japanese still resisting on Lubang. In November 1955, Seaman Kinoshita Noboru was captured in the Luzon jungle but soon after committed suicide rather than “return to Japan in defeat.” That same year, four Japanese airmen surrendered at Hollandia in Dutch New Guinea; and in 1956, nine soldiers were located and sent home from Morotai, while four men surrendered on Mindoro. In May 1960, Sergeant Ito Masashi became one of the last Japanese to surrender at Guam after the capture of his comrade Private Minagawa Bunzo, but the final surrender at Guam would come later with Sergeant Yokoi Shoichi. Sergeant Yokoi Shoichi survived in the jungles of Guam by living for years in an elaborately dug hole, subsisting on snails and lizards, a fate that, while undignified, showcased his ingenuity and resilience and earned him a warm welcome on his return to Japan. His capture was not heroic in the traditional sense: he was found half-starving by a group of villagers while foraging for shrimp in a stream, and the broader context included his awareness as early as 1952 that the war had ended. He explained that the wartime bushido code, emphasizing self-sacrifice or suicide rather than self-preservation, had left him fearing that repatriation would label him a deserter and likely lead to execution. Emerging from the jungle, Yokoi also became a vocal critic of Japan's wartime leadership, including Emperor Hirohito, which fits a view of him as a product of, and a prisoner within, his own education, military training, and the censorship and propaganda of the era. When asked by a young nephew how he survived so long on an island just a short distance from a major American airbase, he replied simply, “I was really good at hide and seek.”  That same year, Private Kozuka Kinshichi was killed in a shootout with Philippine police in October, leaving Lieutenant Onoda Hiroo still resisting on Lubang. Lieutenant Onoda Hiroo had been on Lubang since 1944, a few months before the Americans retook the Philippines. The last instructions he had received from his immediate superior ordered him to retreat to the interior of the island and harass the Allied occupying forces until the IJA eventually returned. Despite efforts by the Philippine Army, letters and newspapers left for him, radio broadcasts, and even a plea from Onoda's brother, he did not believe the war was over. On February 20, 1974, Onoda encountered a young Japanese university dropout named Suzuki Norio, who was traveling the world and had told friends that he planned to “look for Lieutenant Onoda, a panda, and the abominable snowman, in that order.” The two became friends, but Onoda stated that he was waiting for orders from one of his commanders. On March 9, 1974, Onoda went to an agreed-upon place and found a note left by Suzuki. Suzuki had brought along Onoda's former commander, Major Taniguchi, who delivered the oral orders for Onoda to surrender. Intelligence Officer 2nd Lt. Onoda Hiroo thus emerged from Lubang's jungle with his .25 caliber rifle, 500 rounds of ammunition, and several hand grenades. He surrendered 29 years after Japan's formal surrender, and 15 years after being declared legally dead in Japan. When he accepted that the war was over, he wept openly. He received a hero's welcome upon his return to Japan in 1974. The Japanese government offered him a large sum of money in back pay, which he refused. When money was pressed on him by well-wishers, he donated it to Yasukuni Shrine. Onoda was reportedly unhappy with the attention and what he saw as the withering of traditional Japanese values. He wrote No Surrender: My Thirty-Year War, a best-selling autobiography published in 1974. Yet the last Japanese to surrender would be Private Nakamura Teruo, an Amis aborigine from Formosa and a member of the Takasago Volunteers. Private Nakamura Teruo spent the tail end of World War II with a dwindling band on Morotai, repeatedly dispersing and reassembling in the jungle as they hunted for food. The group suffered continuous losses to starvation and disease, and survivors described Nakamura as highly self-sufficient. He left to live alone somewhere in the Morotai highlands between 1946 and 1947, rejoined the main group in 1950, and then disappeared again a few years later. Nakamura hinted in print that he fled into the jungle because he feared the other holdouts might murder him. He survives for decades beyond the war, eventually being found by 11 Indonesian soldiers. The emergence of an indigenous Taiwanese soldier among the search party embarrassed Japan as it sought to move past its imperial past. Many Japanese felt Nakamura deserved compensation for decades of loyalty, only to learn that his back pay for three decades of service amounted to 68,000 yen.   Nakamura's experience of peace was complex. When a journalist asked how he felt about “wasting” three decades of his life on Morotai, he replied that the years had not been wasted; he had been serving his country. Yet the country he returned to was Taiwan, and upon disembarking in Taipei in early January 1975, he learned that his wife had a son he had never met and that she had remarried a decade after his official death. Nakamura eventually lived with a daughter, and his story concluded with a bittersweet note when his wife reconsidered and reconciled with him. Several Japanese soldiers joined local Communist and insurgent groups after the war to avoid surrender. Notably, in 1956 and 1958, two soldiers returned to Japan after service in China's People's Liberation Army. Two others who defected with a larger group to the Malayan Communist Party around 1945 laid down their arms in 1989 and repatriated the next year, becoming among the last to return home. That is all for today, but fear not I will provide a few more goodies over the next few weeks. I will be releasing some of my exclusive podcast episodes from my youtube membership and patreon that are about pacific war subjects. Like I promised the first one will be on why Emperor Hirohito surrendered. Until then if you need your fix you know where to find me: eastern front week by week, fall and rise of china, echoes of war or on my Youtube membership of patreon at www.patreon.com/pacificwarchannel.

Irene S. Wu, Ph.D. is author of “Measuring Soft Power in International Relations.”   She is a lecturer in the Communications, Culture, and Technology Program of Georgetown University and a former fellow at the Wilson Center for international Scholars. Her other books include Forging trust communities: how technology changes politics, and from iron fist to invisible hand: the uneven path of telecommunications reform in China.   Soft power, as opposed to hard power, is essential to persuade another country without the use of violence. Examples would include USAID, economic aid, international trade, US Peace Corps, UN projects and People to People Programs. Elimination of the successful USAID program and withdrawal from WHO have been detrimental to the perception of the US and accomplishments of many of its foreign policies.     China, who is assuming more of a leadership role, has developed one of the largest infrastructure programs called the Belt and Road project.

On today's podcast: 1) A federal appeals court ruled that President Donald Trump exceeded his authority by imposing global tariffs through an emergency law, but let the levies stay in place while the case proceeds. The decision extends the suspense over whether Trump's tariffs will ultimately stand, with the administration potentially turning to the Supreme Court for a final ruling or letting the Court of International Trade revisit the matter first.2) Treasury Secretary Scott Bessent said the Trump administration may declare a national housing emergency this fall. Bessent stated that housing affordability would be a critical leg of Republicans' 2026 midterm election platform. The administration is studying ways to standardize local building and zoning codes and decrease closing costs to address housing affordability.3) An abrupt leadership change at the world's largest food company as Nestlé SA dismissed Chief Executive Officer Laurent Freixe due to an undisclosed workplace affair that violated the company's code of conduct. Philipp Navratil, who heads the Nespresso coffee brand, was named as Freixe's replacement, and Nestlé shares fell in early trading following the announcement.See omnystudio.com/listener for privacy information.

Most of President Donald Trump’s global tariffs were ruled illegal by a federal appeals court that found he exceeded his authority in imposing them, but the judges let the levies stay in place while the case is subject to further review.The US Court of Appeals for the Federal Circuit on Friday upheld an earlier ruling by the Court of International Trade that Trump wrongfully invoked an emergency law to issue the tariffs. But the appellate judges sent the case back to the lower court to determine if it applied to everyone affected by tariffs or just the parties involved in the case.Friday’s 7-4 decision by the Federal Circuit could extend the suspense over whether Trump’s tariffs will ultimately stand. The case had been expected to next go to the Supreme Court for a final ruling. The administration could now turn to the justices, who have largely backed the president on other matters. But the White House could also let the Court of International Trade revisit the matter first.“ALL TARIFFS ARE STILL IN EFFECT!” Trump said in a post on Truth Social shortly after the decision was issued. For instant reaction and analysis, Bloomberg Balance of Power cohost Joe Mathieu speaks with Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis, both Bloomberg politics contributors. See omnystudio.com/listener for privacy information.

Most of President Donald Trump’s global tariffs were ruled illegal by a federal appeals court that found he exceeded his authority in imposing them, but the judges let the levies stay in place while the case is subject to further review.The US Court of Appeals for the Federal Circuit on Friday upheld an earlier ruling by the Court of International Trade that Trump wrongfully invoked an emergency law to issue the tariffs. But the appellate judges sent the case back to the lower court to determine if it applied to everyone affected by tariffs or just the parties involved in the case.Friday’s 7-4 decision by the Federal Circuit could extend the suspense over whether Trump’s tariffs will ultimately stand. The case had been expected to next go to the Supreme Court for a final ruling. The administration could now turn to the justices, who have largely backed the president on other matters. But the White House could also let the Court of International Trade revisit the matter first.“ALL TARIFFS ARE STILL IN EFFECT!” Trump said in a post on Truth Social shortly after the decision was issued. For instant reaction and analysis, Bloomberg Balance of Power cohost Joe Mathieu speaks with Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis, both Bloomberg politics contributors. See omnystudio.com/listener for privacy information.

Jim Wholey, special counsel with Phillips Lytle LLP and their Customs and International Trade Team, on the impact of the the “de minimis” exemption coming to an end in the U.S. full 525 Fri, 29 Aug 2025 16:00:00 +0000 4XTMazkNKExRpfs3rHXxshJamo5mzisl news,washington d.c.,western new york,wben,tariffs,trump administation,de minimus exemption WBEN Extras news,washington d.c.,western new york,wben,tariffs,trump administation,de minimus exemption Jim Wholey, special counsel with Phillips Lytle LLP and their Customs and International Trade Team, on the impact of the the “de minimis” exemption coming to an end in the U.S. Archive of various reports and news events 2024 © 2021 Audacy, Inc.

Nighttime dining, shopping and travel are thriving across China this summer, injecting fresh momentum to economic growth at a time when the country has prioritized consumption as its top priority this year.今年夏季，我国夜间餐饮、购物、旅游等消费业态蓬勃发展。在国家将消费列为今年工作重点的背景下，夜间经济为经济增长注入了新动能。The market size of China's nighttime economy has so far surpassed 50 trillion yuan ($7 trillion), said marketing consultancy Zhiyanzhan.More restaurants have extended business hours and launched delivery services to attract late-night diners and increase revenue.市场咨询机构智研瞻产业研究院数据显示，目前我国夜间经济市场规模已突破50 万亿元（约合 7 万亿美元）。为吸引夜宵客、提升营收，越来越多餐饮企业延长营业时间，并推出外卖服务。Huda Restaurant, a popular crayfish eatery in Beijing's bustling Guijie Street, is operating four outlets in the same area, cumulatively serving more than 6,500 customers daily on average. During peak hours on some nights, customers sometimes have to wait in line for three hours, according to the restaurant.位于北京繁华簋街的热门小龙虾餐厅“胡大饭店”，在该区域布局了 4 家门店，日均总客流量超 6500 人次。据餐厅介绍，部分夜晚的高峰时段，顾客有时需排队 3 小时才能就餐。"Tourists are often unable to wait that long to dine in. Some choose the takeaway option, or order deliveries to their hotels. Some 70 percent of our takeout orders come from nearby hotels, as many tourists tend to order deliveries at night after their daytime sightseeing in the city," said Zhang Shengtao, deputy general manager of Huda.“很多游客等不了那么久，有的会选择打包带走，有的则直接点外卖送到酒店。我们约 70% 的外卖订单来自周边酒店 —— 不少游客白天在市区观光后，晚上习惯点外卖。” 胡大饭店副总经理张胜涛说。"We take food delivery platforms as an important supplement to our operations, as the platforms allow customers to search for our restaurant from different channels. With no increase in the number of staff members and no change in restaurant areas, delivery services can help raise order volumes and lead to profit growth," Zhang said.他表示：“我们把外卖平台当作经营的重要补充，这些平台能让顾客通过多种渠道找到我们。在不增加员工、不扩大门店面积的情况下，外卖业务能帮助提升订单量，进而带动利润增长。”The restaurant chain said diners aged between 25 and 39 account for a large share of its total customers, while consumers opting for deliveries are mainly aged between 18 and 35.该餐饮连锁品牌透露，25 至 39 岁的顾客占堂食总客流的较大比例，而选择外卖的消费者以 18 至 35 岁人群为主。Hong Yong, an associate research fellow at the Chinese Academy of International Trade and Economic Cooperation, said the availability of nighttime dining meets the demand for late night snacking among urban white-collar employees and many young consumers, especially as more people stay up late, work overtime, or venture out for social entertainment, and late night dining gradually becomes a part of their daily routine.中国国际贸易促进委员会国际贸易经济合作研究院副研究员洪勇指出，夜间餐饮的普及，满足了城市白领及众多年轻消费者的夜宵需求。如今熬夜、加班、外出社交娱乐的人群增多，夜宵逐渐成为他们日常生活的一部分。"Nighttime economic activities such as dining, night tours and shopping provide richer consumption scenarios, and meet consumers' demand for leisure and entertainment, social interaction and emotional release," Hong said.“餐饮、夜游、购物等夜间经济活动，提供了更丰富的消费场景，满足了消费者休闲娱乐、社交互动、情感释放的需求。” 洪勇说。"The expansion of nighttime consumption scenarios will help promote the diversification of consumption formats, encourage higher frequencies of spending, effectively stimulate domestic demand and promote sustained economic growth momentum," he added.他补充道：“夜间消费场景的拓展，有助于推动消费业态多元化，提高消费频次，有效激发内需，为经济持续增长注入动力。”According to a report released by the Ministry of Commerce, 60 percent of China's urban consumption takes place after dusk. At large-scale malls, sales between 6 pm and 10 pm usually account for over half of the whole day's revenue.商务部发布的报告显示，我国60% 的城市消费发生在傍晚之后。在大型商场，18 时至 22 时的销售额通常占全天营收的一半以上。Shui Tea Shop, a tea drink brand based in Jinan, Shandong province, now operates some 1,400 stores nationwide, which are mainly located in Shandong, Jiangsu and Hebei provinces, as well as Tianjin and Beijing.总部位于山东济南的茶饮品牌“阿水大杯茶”，目前在全国拥有约 1400 家门店，主要分布在山东、江苏、河北三省及天津、北京两地。Since June, some of its stores began to extend their business hours. Now, over 300 stores operate until 11 pm, more than 100 stores operate until midnight, and a further 100 outlets are open beyond midnight. The extension of business hours will last until the end of September, the company said.该公司表示，自今年6 月起，部分门店开始延长营业时间：目前超 300 家门店营业至 23 时，100 余家营业至次日 0 时，另有 100 家门店营业至凌晨之后，这一延长营业时间的举措将持续至 9 月底。"After extending the business hours, there has been a clear trend of growth in store revenue, and some stores have experienced sales growth of over 100 percent compared with the period before the extension," said Wei Qun, director of delivery services at A-Shui Tea Shop.“延长营业时间后，门店营收增长趋势明显，部分门店销售额较延长前增长超 100%。” 阿水大杯茶外卖业务负责人魏群说。"Nighttime sales have been especially high in Jinan and Qingdao of Shandong, as well as Tianjin. Stores with higher revenues are mainly located in core business circles, and nighttime sales mainly come from orders for deliveries," Wei said.“山东的济南、青岛以及天津等地的夜间销售额表现尤为突出。高营收门店主要集中在核心商圈，夜间销售以外卖订单为主。” 魏群介绍。He added that in summer, many consumers are interested in having barbecues and crayfish at night, and restaurants providing such meals located in core business districts have largely extended their operating hours. Their popularity has also driven the sales growth of beverages, as certain drinks pair nicely with these kinds of food.他还提到，夏季夜晚，不少消费者喜欢吃烧烤、小龙虾，核心商圈内提供这类餐食的餐厅大多延长了营业时间。这些餐饮的火爆也带动了饮品销量—— 部分饮品与这类食物搭配口感更佳。In addition to the catering sector, many sightseeing spots have extended their opening hours this summer, and upgraded night tourism products to meet the diverse demand of travelers. Besides driving an increase in ticket revenue for scenic spots, it has promoted the growth of related businesses such as catering, accommodation and shopping in surrounding areas.除餐饮行业外，今年夏季，多家景区延长开放时间，并升级夜间旅游产品，以满足游客多样化需求。这不仅推动景区门票收入增长，还带动了周边餐饮、住宿、购物等关联业态的发展。The government has encouraged more industry players to actively develop the night tourism economy.政府也积极鼓励更多市场主体参与夜间旅游经济发展。According to a guideline issued earlier this year by the State Council, China's Cabinet, the holding of more nighttime activities such as folk performances, lantern fairs, temple fairs, and light and shadow shows has been encouraged, and different regions could develop water night tours based on local conditions.今年早些时候，国务院印发的指导意见明确，鼓励举办民俗展演、灯会、庙会、光影秀等夜间活动，各地可结合实际发展水上夜游项目。In addition, the government will support the upgrading and renovation of lighting services at night in commercial areas, and the optimization of support facilities such as parking lots and public transportation, according to the document.意见还提出，将支持商业街区夜间照明设施升级改造，优化停车场、公共交通等配套设施。In Guiyang, Southwest China's Guizhou province, a three-day international kite festival that included nighttime events attracted more than 163,000 tourists in July, netting tourism revenue of over 60 million yuan, according to the local government.据贵州省贵阳市政府消息，今年7 月举办的为期三天的国际风筝节（含夜间活动），吸引游客超 16.3 万人次，实现旅游收入超 6000 万元。Night markets, roadside concerts in parks, trunk markets and other nighttime consumption scenes were attractive to tourists.夜市、公园路边音乐会、后备箱集市等夜间消费场景，对游客具有很强的吸引力。"This type of nighttime cultural tourism model, with feature activities as its core, gathers popularity and forms a consumption loop, and has become an effective way to boost the nighttime economy," said Mu Qianyi, an analyst of LeadLeo Research Institute, a market research provider based in Shanghai.“这种以特色活动为核心的夜间文旅模式，能聚集人气、形成消费闭环，已成为拉动夜间经济的有效方式。” 上海市场研究机构头豹研究院分析师穆芊伊说。Mu added that new technologies and scenarios such as drone light shows at night will help enrich the experiences of tourists. The improvement in the quality of scenes naturally enhances the attractiveness and vitality of nighttime cultural tourism, and could help inject new impetus into economic growth.穆芊伊补充道，夜间无人机灯光秀等新技术、新场景，将进一步丰富游客体验。消费场景品质的提升，自然会增强夜间文旅的吸引力与活力，为经济增长注入新动力。Particularly, Shanghai has been developing a booming nighttime economy, and the city's after-dark economy index has maintained the top position in the country for five consecutive years. This year, it has been followed by Guangzhou, Guangdong province, and Chengdu, Sichuan province, said Rising Lab, a city-oriented big data platform of Yicai Media Group.值得关注的是，上海夜间经济持续繁荣。第一财经传媒集团旗下城市大数据平台“第一财经研究院” 数据显示，上海夜间经济指数已连续五年位居全国首位，今年紧随其后的是广东广州与四川成都。In Shanghai, nighttime lighting covered 75 percent of the city's area last year, and nighttime public transportation covered 1,975 square kilometers, which significantly helped to improve the local nighttime consumption environment, the platform found.该平台还发现，去年上海夜间照明覆盖面积占全市面积的75%，夜间公共交通覆盖范围达 1975 平方公里，这一配套设施的完善显著改善了当地夜间消费环境。

In the final episode of our whale series, we learn about fecal plumes, shipping noise, and why Moby-Dick is still worth reading. (Part 3 of "Everything You Never Knew About Whaling.") SOURCES:Michele Baggio, professor of economics at the University of Connecticut.Mary K. Bercaw-Edwards, professor of maritime English at the University of Connecticut and lead foreman at the Mystic Seaport Museum.Hester Blum, professor of English at Washington University in St. Louis.Eric Hilt, professor of economics at Wellesley College.Kate O'Connell, senior policy consultant for the marine life program at the Animal Welfare Institute.Maria Petrillo, director of interpretation at the Mystic Seaport Museum.Joe Roman, fellow and writer-in-residence at the Gund Institute for Environment, University of Vermont. RESOURCES:Eat, Poop, Die: How Animals Make Our World, by Joe Roman (2023).“Racial Diversity and Team Performance: Evidence from the American Offshore Whaling Industry,” by Michele Baggio and Metin M. Cosgel (S.S.R.N., 2023).“Why 23 Dead Whales Have Washed Up on the East Coast Since December,” by Tracey Tully and Winston Choi-Schagrin (The New York Times, 2023).“Suspected Russia-Trained Spy Whale Reappears Off Sweden's Coast,” by A.F.P. in Stockholm (The Guardian, 2023).“International Trade, Noise Pollution, and Killer Whales,” by M. Scott Taylor and Fruzsina Mayer (N.B.E.R. Working Paper, 2023).“World-First Map Exposes Growing Dangers Along Whale Superhighways,” by the World Wildlife Fund (2022).“Lifting Baselines to Address the Consequences of Conservation Success,” by Joe Roman, Meagan M. Dunphy-Daly, David W. Johnston, and Andrew J. Read (Trends in Ecology & Evolution, 2015).“Wages, Risk, and Profits in the Whaling Industry,” by Elmo P. Hohman (The Quarterly Journal of Economics, 1926).Moby-Dick, by Herman Melville (1851). EXTRAS:“Why Do People Still Hunt Whales? (Update)” by Freakonomics Radio (2025).“How Much Does Discrimination Hurt the Economy?” by Freakonomics Radio (2021).

Shark science isn't just about understanding biology, it's about tackling the global forces that threaten these species. In this episode of Beyond Jaws, research scientist Chris Mull explains how international trade has become a powerful driver of unsustainable shark and ray fisheries. From luxury markets for shark fins to emerging demands for meat and cartilage, trade dynamics are reshaping conservation challenges worldwide. Shark conservation must consider the economics and policies behind fishing, not just the science in the water. Chris describes his work using phylogenetic comparative methods and applied research to uncover how trade pressures intersect with species traits, creating unique risks for different sharks and rays. Along with hosts Andrew Lewin and Dr. David Ebert, Chris shares insights into what the data reveals about overexploitation, the complexity of global markets, and how science can inform better international regulations. Connect with us: Website: https://bit.ly/37TMqeKInstagram: https://bit.ly/3eorwXZ YouTube: https://www.youtube.com/@beyondjawspodcast7591 Dave:  Website: https://www.lostsharkguy.com/ Instagram: https://bit.ly/3q1J9Q5 Andrew: Website: https://www.speakupforblue.com/ Instagram: https://bit.ly/37g5WkG  

According to reporting, government files detailing Prince Andrew's decade-long tenure as the UK's Special Representative for International Trade and Investment will stay locked away until 2065—some 105 years after his birth—under royal family exemptions to Freedom of Information laws. In practice, this means the public banished from scrutinizing any records tied to his taxpayer-funded diplomatic role, just when transparency should be their highest priority following the Epstein debacle. This isn't mere protocol; it's a stonewall, shielding a scandal-riddled prince from public accountability under the guise of "royal privilege."The timing couldn't be more suspect: Prince Andrew's ties to Jeffrey Epstein have already cost him public trust, official titles, and patronages. Yet with the government's cloak of secrecy firmly in place, the ability to question how and why Epstein-linked business trips were arranged—or what exactly Andrew was doing on the public dime—vanishes into the archives. It's not just a blackout—it's institutional cover-up by omissionto contact me:bobbycapucci@protonmail.comsource:Prince Andrew files locked away until 2065 as royal biographer slams 'culture of secrecy' | Royal | News | Express.co.ukBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

John is joined by Professor Mark Wu, the Henry L. Stimson Professor at Harvard Law School, an expert in international trade and international economic law.  They discuss the legal and geopolitical implications of President Trump's tariff strategy.  The President's approach is rooted in a belief that the post-1970s international trade regime, which the U.S. helped build, has been exploited by foreign powers to the detriment of American interests, particularly the manufacturing sector and working-class communities.  The administration intends to leverage America's market dominance and security alliances to pressure trading partners into more favorable terms, including opening their markets to exports and investing in America. To legally impose many of these tariffs, the President has relied on statutory authorities that Congress delegated to the executive branch, such as Section 232 of the Trade Expansion Act of 1962 (covering national security issues from the importation of goods), Section 301 of the Trade Act of 1974 (covering unfair trade practices by  foreign countries), and the International Emergency Economic Powers Act (IEEPA), which permits regulation of imports during a declared national emergency.  Unlike prior administrations, Trump has used IEEPA not only to declare national emergencies—such as the opioid crisis and trade deficits—but also to impose sweeping tariffs in response. These actions have sparked a series of legal challenges.  Several importers and states have filed suits arguing that the president overstepped his authority under IEEPA.  Courts are now scrutinizing whether this use of IEEPA constitutes an overly broad delegation of congressional power and whether the tariffs align with the IEEPA's statutory language.  The Court of International Trade ruled against the administration on this issue.  That case is now before the Federal Circuit, which heard the appeal en banc.  Whatever the outcome, the Supreme Court is likely to weigh in. Even if tariffs under the IEEPA are barred by the courts, the administration has other tools at its disposal to achieve the same outcome, including imposing tariffs under Section 232, imposing tariffs under Section 301, and seeking additional legislation from Congress authorizing tariffs against specific countries. Regardless of legal outcomes, the global trade regime has fundamentally changed.  There will be no going back to the pre-Trump regime.  Traditional alliances have been strained, other countries are adapting to long-term U.S. unpredictability, and legal precedents set here could impact more than trade law. Podcast Link: Law-disrupted.fmHost: John B. Quinn Producer: Alexis HydeMusic and Editing by: Alexander Rossi

According to reporting, government files detailing Prince Andrew's decade-long tenure as the UK's Special Representative for International Trade and Investment will stay locked away until 2065—some 105 years after his birth—under royal family exemptions to Freedom of Information laws. In practice, this means the public banished from scrutinizing any records tied to his taxpayer-funded diplomatic role, just when transparency should be their highest priority following the Epstein debacle. This isn't mere protocol; it's a stonewall, shielding a scandal-riddled prince from public accountability under the guise of "royal privilege."The timing couldn't be more suspect: Prince Andrew's ties to Jeffrey Epstein have already cost him public trust, official titles, and patronages. Yet with the government's cloak of secrecy firmly in place, the ability to question how and why Epstein-linked business trips were arranged—or what exactly Andrew was doing on the public dime—vanishes into the archives. It's not just a blackout—it's institutional cover-up by omissionto contact me:bobbycapucci@protonmail.comsource:Prince Andrew files locked away until 2065 as royal biographer slams 'culture of secrecy' | Royal | News | Express.co.uk

China's foreign trade will remain resilient in the second half of 2025, fueled by strong growth in high-tech exports, vibrant private sector activity and closer ties with emerging markets, government officials and exporters said on Thursday. 上周四，政府官员和出口商表示，在高科技产品出口强劲增长、私营部门活力十足以及与新兴市场联系日益紧密的推动下，2025 年下半年中国外贸将保持韧性。 They noted that China's steady export performance, particularly driven by private companies, underscores robust global demand for the country's high-tech mechanical and electrical products, and facilitates its deeper integration into regional and global industrial chains. 他们指出，中国出口表现稳健，尤其是在私营企业的推动下，这凸显了全球对中国高科技机电产品的强劲需求，并促进了中国更深入地融入区域和全球产业链。 China's foreign trade grew 3.5 percent year-on-year to 25.7 trillion yuan ($3.6 trillion) in the first seven months of 2025, while its exports rose 7.3 percent year-on-year to 15.31 trillion yuan, data released on Thursday by the General Administration of Customs shows. In July alone, the country's trade value grew 6.7 percent to 3.91 trillion yuan. 海关总署周四发布的数据显示，2025 年 1-7 月，中国外贸进出口总值 25.7 万亿元人民币（约合 3.6 万亿美元），同比增长 3.5%；出口 15.31 万亿元，同比增长 7.3%。仅 7 月当月，中国外贸进出口总值就增长 6.7%，达 3.91 万亿元。 Lyu Daliang, director of the GAC's department of statistics and analysis, said that amid a complex external environment, China's foreign trade has maintained steady growth momentum, while its trade structure has continued to optimize, with high-tech products playing an increasingly key role in supporting overall expansion. 海关总署统计分析司司长吕大良表示，在复杂的外部环境下，中国外贸保持了稳定增长态势，贸易结构持续优化，高科技产品在支撑整体增长中的作用日益关键。 China's trade of high-tech products, including high-end machine tools and electric vehicles, reached 5.1 trillion yuan from January to July, up 8.4 percent year-on-year, contributing 45.4 percent to the overall growth of foreign trade during this period.1-7 月，中国包括高端机床、电动汽车在内的高科技产品贸易额达 5.1 万亿元，同比增长 8.4%，对同期外贸整体增长的贡献率为 45.4%。 "Since the beginning of the year, private businesses have actively responded to changes and continued to serve as a stabilizing force in China's foreign trade," Lyu said. 吕大良称：“今年以来，民营企业积极应对变化，持续发挥中国外贸‘稳定器'作用。” Specifically, the foreign trade value of China's private companies amounted to 14.68 trillion yuan over the past seven months, up 7.4 percent year-on-year, accounting for 57.1 percent of the nation's total foreign trade value, an increase of 2.1 percentage points compared with the same period last year. 具体来看，过去 7 个月，中国民营企业外贸进出口总值达 14.68 万亿元，同比增长 7.4%，占全国外贸总值的 57.1%，较去年同期提升 2.1 个百分点。 Chen Bin, deputy director of the expert committee of the Beijing-based China Machinery Industry Federation, said these trends "have not only laid a solid foundation for China's foreign trade to continue on a stable growth trajectory in the second half, but also reflect a deeper structural realignment". 北京中国机械工业联合会专家委员会副主任陈斌表示，这些趋势 “不仅为下半年中国外贸继续保持稳定增长态势奠定了坚实基础，也反映出更深层次的结构调整”。 Driven by industrial upgrading and the rapid growth of the digital economy, new opportunities are emerging in sectors such as energy storage, industrial robotics and artificial intelligence-enabled manufacturing tools, Chen said, adding that these sectors are fast emerging as new engines of trade growth. 陈斌指出，在产业升级和数字经济快速发展的推动下，储能、工业机器人、人工智能制造工具等领域正涌现新机遇，这些领域正迅速成为贸易增长的新引擎。 Zhou Mi, a researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said that on the demand side, China's strong global product presence and long-standing commitment to free trade are key factors supporting the competitiveness of its foreign trade. 北京中国国际贸易经济合作研究院研究员周密表示，从需求端看，中国产品在全球的强大存在感以及对自由贸易的长期坚持，是支撑中国外贸竞争力的关键因素。 Ahmed bin Sulayem, executive chairman of the Dubai Multi Commodities Centre in the United Arab Emirates, said the steady growth of the Chinese economy will encourage economic and trade cooperation with Arab nations and other countries of the world in the long run. 阿联酋迪拜多种商品交易中心执行主席艾哈迈德・本・苏莱耶姆表示，从长远来看，中国经济的稳定增长将促进与阿拉伯国家及世界其他国家的经贸合作。 Zhao Ping, head of the academy of the Beijing-based China Council for the Promotion of International Trade, said the projected robust growth in foreign trade during the second half of the year will provide vital support for China's broader economic stability and expansion, reinforcing its resilience amid global uncertainties. 北京中国国际贸易促进委员会研究院院长赵萍表示，预计下半年外贸的强劲增长将为中国整体经济的稳定和扩张提供重要支撑，增强中国在全球不确定性中的韧性。 Also on Thursday, the Ministry of Finance said the government will explore and adjust policy tools to ensure the Chinese economy maintains a stable and positive trajectory, thereby contributing to global economic development. 同样在周四，财政部表示，政府将探索和调整政策工具，确保中国经济保持稳定向好态势，为全球经济发展作出贡献。 The ministry's statement followed S&P Global Ratings' affirmation of its unsolicited 'A+' long-term and 'A-1' short-term foreign and local currency sovereign credit ratings on China, with a stable outlook for the long-term rating. 此前，标普全球评级确认对中国的长期外币和本币主权信用评级为 “A +”，短期评级为 “A - 1”，长期评级展望为稳定，财政部随后发表了上述声明。 Zhang Yuxian, director of the department of economic forecasting at the State Information Center, warned that China-United States economic and trade frictions will continue to test the resilience of Chinese exports and the adaptability of Chinese exporters in the second half. 国家信息中心经济预测部主任张宇贤警告称，下半年中美经贸摩擦将继续考验中国出口的韧性和出口商的适应能力。 Despite these challenges, China retains substantial potential for optimizing its product mix and enhancing policy support, Zhang said. The country's imports are also expected to become more diversified, providing consumers with a broader range of choices, he added. 张宇贤表示，尽管面临这些挑战，中国在优化产品结构和加强政策支持方面仍有巨大潜力。他补充说，中国的进口预计也将更加多元化，为消费者提供更广泛的选择。 At the company level, Chinese exporters have already taken proactive steps to adapt to external challenges. 在企业层面，中国出口商已采取积极措施应对外部挑战。 Wang Lilong, president of Ningbo Winner Electric Appliances Co, a garden tools manufacturer based in Ningbo, Zhejiang province, said his company has enhanced product adaptability and upgraded noise-reduction solutions this year to help offset the impact of the US tariff pressures. 浙江省宁波市园林工具制造商宁波万泓电器有限公司总裁王利龙表示，为抵消美国关税压力的影响，公司今年提高了产品适应性，并升级了降噪解决方案。 Data from Ningbo Customs shows that in addition to expanding business presence in emerging markets this year, the company saw the export of its products to the US, including lawn mowers and branch shredders, reach 32 million yuan between January and July, surging more than 90 percent year-on-year. 宁波海关数据显示，今年除了在新兴市场扩大业务外，该公司 1-7 月对美出口割草机、树枝粉碎机等产品达 3200 万元，同比激增逾 90%。 With many emerging economies accelerating their industrialization, green and digitally driven modernization, Jiangsu Shangshang Cable Group, a cable manufacturer based in Changzhou, Jiangsu province, exported products worth 420 million yuan during the January-July period, a year-on-year increase of 13.2 percent, according to Nanjing Customs. 南京海关数据显示，随着许多新兴经济体加速工业化、绿色化和数字化驱动的现代化进程，江苏省常州市电缆制造商江苏上上电缆集团 1-7 月出口额达 4.2 亿元，同比增长 13.2%。 Liu Cunyong, head of the company's foreign trade unit, said the robust growth was mainly driven by rising demand in overseas infrastructure projects, especially in economies participating in the Belt and Road Initiative. 该公司外贸部门负责人刘存勇表示，出口的强劲增长主要得益于海外基础设施项目需求上升，尤其是 “一带一路” 沿线经济体的需求。 "We have been refining our product offerings to better align with the technical and regulatory frameworks of key markets in Southeast Asia, the Middle East and Africa," Liu said. 刘存勇称：“我们一直在优化产品供应，以更好地适应东南亚、中东和非洲重点市场的技术和监管框架。” Resilient /rɪˈzɪliənt/ 有韧性的；适应力强的 Trajectory /trəˈdʒektəri/ 轨迹；发展路径 Sovereign /ˈsɒvrɪn/ 主权的；独立的 Diversified /daɪˈvɜːsɪfaɪd/ 多样化的；多元化的

Trump's hit with economic reality.     To advertise on our podcast, please reach out to sales@advertisecast.com or visit https://www.advertisecast.com/TheJeffWardShow

Pippa Crerar and Kiran Stacey sit down in a special episode with peer Catherine Ashton to hear from the former EU commissioner and trade negotiator on what she makes of an increasingly unstable world. Find out what it's like to be in a room with world leaders including Benjamin Netanyahu, Xi Jinping and Vladimir Putin …. Help support our independent journalism at theguardian.com/politicspod

The Department of Justice has filed an ethics complaint against the Chief Judge of the District Court in DC, James Boasberg, and we've enlisted Kel McClanahan to help us figure out what (if any) evidence the Trump administration has to support its claims. Plus, Liz and Andrew listened to the Federal Circuit's oral argument over Trump's tariffs. And what does a disgraced former superlawyer have to do to get a pierogi in Martha's Vineyard?? For our subscribers, we chortle with glee at the return of the Super Best Election Lawyer in All the Land!   Links:   Boasberg Judicial Misconduct Complaint via Courthouse News https://www.courthousenews.com/wp-content/uploads/2025/07/FINAL-Misconduct-Complaint-7.28.pdf EXCLUSIVE: Memo Reveals D.C. Judges Are Predisposed Against Trump Administration https://thefederalist.com/2025/07/16/exclusive-memo-reveals-d-c-judges-are-predisposed-against-trump-administration/   Newsom v. Trump [docket via Court Listener] https://www.courtlistener.com/docket/70496361/newsom-v-trump/?order_by=desc Biden v. Byrne [docket via Court Listener] https://www.courtlistener.com/docket/67990012/robert-hunter-biden-v-patrick-m-byrne/ Posse Comitatus Act of 1878, 18 U.S. Code § 1385 https://www.law.cornell.edu/uscode/text/18/1385 VOS v. Trump (tariffs - US Court of International Trade) [via Court Listener] https://storage.courtlistener.com/recap/gov.uscourts.cit.17080/gov.uscourts.cit.17080.55.0.pdf   VOS v. Trump (tariffs - Federal Circuit) - admin stay [via Court Listener] https://storage.courtlistener.com/recap/gov.uscourts.cafc.23105/gov.uscourts.cafc.23105.7.0.pdf Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod  

Despite "constructive" talks, no deal was reached between China and the U.S. on extending the 90-day tariff truce, and the August 12 deadline is fast approaching. What's holding both sides back? What are the hidden costs for consumers if tariffs snap back into place? How might the outcome of the China-U.S. trade talks influence Washington's negotiations with other economies? And could this diplomatic dance set the stage for a summit between the two state leaders later this year? Host Tu Yun joins Harvey Dzodin, Senior Fellow, Center for China and Globalization, Dr. Zhou Mi, Deputy Director, Institute of American and Oceania Study, Chinese Academy of International Trade and Economic Cooperation, Prof. Qu Bo, Director, Institute of International Relations, China Foreign Affairs University, and Warwick Powell, Adjunct Professor, Queensland University of Technology, Australia for a close look.

The China Council for the Promotion of International Trade says global economic and trade frictions remain at a high level (01:06). Canada says it intends to recognize Palestinian statehood following similar announcements by France and the UK (15:30). Municipal authorities in Beijing say recent rainstorms have killed 44 people as of midday on Thursday (23:22).

A trade deal reached on Sunday between the United States and the European Union has sparked controversy among European officials, businesspeople and analysts — despite both sides hailing it as a step toward restoring "trade balance "and promoting fairer commerce.美国和欧盟周日达成的一项贸易协议在欧洲官员、商界人士和分析人士中引发了争议，尽管双方都称赞这是恢复“贸易平衡”和促进更公平商业的一步。At the heart of the debate is the deal's asymmetry: The US will lower tariffs on EU goods to 15 percent, while the EU has agreed not to impose additional tariffs on US products.争论的核心是该协议的不对称性：美国将把欧盟商品的关税降至15%，而欧盟已同意不对美国产品征收额外关税。French Minister for European Affairs Benjamin Haddad described the agreement as "unbalanced", though he acknowledged it would "bring temporary stability to economic actors threatened by the escalation of American tariffs".法国欧洲事务部长本杰明·哈达德称该协议“不平衡”，尽管他承认该协议将“为受美国关税升级威胁的经济行为体带来暂时的稳定”。German Chancellor Friedrich Merz said, "We have thus managed to preserve our fundamental interests, even if I would have wished for more relief in trans-Atlantic trade."德国总理弗里德里希·默茨说：“因此，我们设法维护了我们的根本利益，即使我希望在跨大西洋贸易中得到更多缓解。”Italy's Prime Minister Giorgia Meloni said the agreement "ensures stability" and that the 15 percent tariff level is "sustainable", especially if it is not added to previous duties.意大利总理Giorgia Meloni表示，该协议“确保了稳定”，15%的关税水平是“可持续的”，特别是如果不将其添加到以前的关税中。Olivier Blanchard, a Robert Solow professor of economics emeritus at the Massachusetts Institute of Technology, called the agreement "completely unequal", saying the "asymmetric 15 percent tariffs are an EU defeat".麻省理工学院Robert Solow经济学荣誉退休教授Olivier Blanchard称该协议“完全不平等”，称“不对称的15%关税是欧盟的失败”。"When the law of the jungle prevails, the weak have little choice than to accept their fate," he wrote on X. "But Europe could potentially have been strong, either alone or in a coalition with others. It would have had to be ready for stormy waters. But it would have gotten a better deal in the end and sent a strong message to the world. An opportunity lost."“当丛林法则盛行时，弱者别无选择，只能接受自己的命运，”他在X上写道。“但欧洲本可以强大，无论是单独还是与其他国家结盟。它必须为风暴做好准备。但最终它会得到更好的协议，并向世界发出强烈的信息。失去了一个机会。”Bernard Dewit, chairman of the Belgian-Chinese Chamber of Commerce, voiced concern over the 15 percent baseline US tariff on EU goods, "particularly in light of Europe's broader economic and trade interests".比利时中国商会主席Bernard Dewit对美国对欧盟商品征收15%的基准关税表示担忧，“特别是考虑到欧洲更广泛的经济和贸易利益”。"Such a move risks escalating trans-Atlantic trade tensions and could undermine the stability and predictability that European businesses rely on," he told China Daily.他告诉《中国日报》：“此举有可能加剧跨大西洋贸易紧张局势，并可能破坏欧洲企业所依赖的稳定性和可预测性。”。"European exporters, including many in Belgium, operate in highly integrated global supply chains. The imposition of a blanket tariff will inevitably increase costs, reduce competitiveness and possibly prompt retaliatory measures — ultimately hurting consumers and small- and medium-sized enterprises on both sides of the Atlantic."“欧洲出口商，包括比利时的许多出口商，在高度一体化的全球供应链中运营。征收一揽子关税将不可避免地增加成本，降低竞争力，并可能引发报复措施，最终损害大西洋两岸的消费者和中小型企业。”Dewit urged Europe to further diversify its trade relationships. "Strengthening ties with dynamic markets such as China, ASEAN, and Africa becomes increasingly strategic," he said.德维特敦促欧洲进一步实现贸易关系多样化。他说：“加强与中国、东盟和非洲等充满活力的市场的联系变得越来越具有战略意义。”。Bernd Lange, chair of the European Parliament's Committee on International Trade, described the US-EU deal as "lopsided".欧洲议会国际贸易委员会主席贝恩德·兰格将美欧协议描述为“一边倒”。"My first assessment: not satisfactory," he wrote on X. "Concessions have clearly been made that are difficult to accept. Deal with significant imbalance."“我的第一个评估是：不令人满意，”他在X上写道。“显然已经做出了难以接受的让步。处理严重的不平衡。”According to the published details of the agreement, the EU has pledged to purchase $750 billion worth of US energy and commit an additional $600 billion in US investments.根据已公布的协议细节，欧盟已承诺购买价值7500亿美元的美国能源，并承诺向美国额外投资6000亿美元。The scale of the deal has left many European analysts stunned. Qin Yan, a principal analyst at ClearBlue Markets in Norway, told China Daily that every energy market expert she is talking with is busy calculating how much US energy the EU would need to buy to reach such a harsh number.这笔交易的规模让许多欧洲分析人士感到震惊。挪威ClearBlue Markets的首席分析师秦燕告诉《中国日报》，与她交谈的每一位能源市场专家都在忙着计算欧盟需要购买多少美国能源才能达到如此苛刻的数字。Clyde Russell, an Asia commodities and energy columnist for Reuters, noted: "Putting together the value of EU imports of US crude oil, LNG and metallurgical coal gives a 2024 total of around $64.55 billion.路透社亚洲大宗商品和能源专栏作家Clyde Russell指出：“将欧盟进口的美国原油、液化天然气和冶金煤的价值加起来，2024年的总价值约为645.5亿美元。"This is about 26 percent of the $250 billion the EU is supposed to spend on US energy a year under the framework agreement."“这大约是欧盟根据框架协议每年应在美国能源上花费2500亿美元的26%。”Qin likened the deal to "visiting a small cafe around the street corner and booking a banquet big enough for 1,000 tables of guests".秦将这笔交易比作“参观街角的一家小咖啡馆，预订一场足以容纳1000桌客人的宴会”。"My concern is that the commitment to US energy purchases should not undermine the EU's climate goal," she said.她说：“我担心的是，美国购买能源的承诺不应破坏欧盟的气候目标。”。lopsidedn.不平衡，/ˌlɒpˈsaɪdɪd/baselinen.基础/ˈbeɪslaɪn/

S&P Futures are displaying gains this morning as the markets key in on a host of catalyst events. Key events this morning include earnings releases, U.S. China trade talks and the start of the Federal Reserve two-day policy meeting. The U.S. China trade talk is expected to end with an extension of the 90 day pause. Other trading partners such as Canada, Mexico, South Korea and Taiwan are yet to secure agreements. The Fed appears to be shifting in a dovish direction as markets await tomorrow's announcement. The key economic datapoint for today will be the International Trade in Goods data for June. On the earnings front, weakness is on display in SWK, RCL, SPOT, UNH and CARR after announcements. V, SBUX, MDLZ, EA, QRVO are all releasing earnings after the bell today.

Holger Gorg, Professor in International Trade at Keil Institute for the World Economy in Germany, analyses the potential impact of the new EU-US trade deal

On this episode of the podcast, Amanda Head discusses the recent U.S.-EU trade deal with Shanker Singham, a former advisor to the United States Trade Representative and former advisor to the Secretary of State for International Trade of the United Kingdom. Singham highlights the significance of this deal as the first major agreement in 25 years. He notes the deal's framework for reducing regulatory barriers, which could boost EU economic growth. Singham criticizes EU leaders for viewing trade as zero-sum, emphasizing the need for regulatory reforms. The deal reduces EU tariffs from 30% to 15% with potential for further reductions if regulatroy changes are made. Furthermore, Singham discusses the enforcement mechanisms and the broader impact of U.S. trade policies on global regulatory systems.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US President Donald Trump and European Commission President Ursula von der Leyen claimed Sunday that they had reached a trade deal under which the United States would impose a baseline tariff of 15 percent on European Union (EU) goods.美国总统唐纳德・特朗普与欧盟委员会主席乌尔苏拉・冯德莱恩于周日宣称，双方已达成一项贸易协议，根据该协议，美国将对欧盟商品征收 15% 的基准关税。The announcement was made at a joint press briefing Sunday afternoon following trade talks at the Trump Turnberry in South Ayrshire, Scotland.这一消息是在苏格兰南艾尔郡的特朗普坦伯利高尔夫度假村举行贸易谈判后，于周日下午的联合新闻发布会上宣布的。Although both leaders described the deal as a step toward restoring "trade balance" and promoting more equitable two-way commerce, the agreement allows the United States to impose a broad 15 percent tariff on EU goods while securing zero-tariff access for a range of strategic American exports. In contrast, the EU has pledged to purchase $750 billion' worth of American energy and commit an additional $600 billion in investments in the United States.尽管两位领导人都称该协议是朝着恢复 “贸易平衡”、促进更公平双向贸易迈出的一步，但协议允许美国对欧盟商品广泛征收 15% 的关税，同时确保一系列美国战略性出口商品获得零关税准入。与之相对，欧盟承诺购买价值 7500 亿美元的美国能源，并额外在美国投资 6000 亿美元。At the press briefing, Trump claimed the agreement would enable American cars to re-enter the European market and make US agricultural exports more accessible in the EU. He also said that pharmaceuticals were excluded from the agreement, while existing 50 percent tariffs on EU steel and aluminium exports to the United States will remain in place.在新闻发布会上，特朗普称该协议将使美国汽车重新进入欧洲市场，并让美国农产品更易进入欧盟。他还表示，药品被排除在协议之外，而美国对欧盟出口的钢铁和铝所征收的 50% 现有关税将继续有效。However, at a separate press briefing, von der Leyen clarified that the EU and the US had agreed to include pharmaceuticals under the 15 percent tariff framework. She did not rule out the possibility of further US trade actions in the future.然而，冯德莱恩在另一场新闻发布会上澄清，欧盟与美国已同意将药品纳入 15% 的关税框架中。她并未排除美国未来采取进一步贸易行动的可能性。When asked whether a 15 percent tariff for EU carmakers-up from 2.5 percent under the Biden administration-was a favorable outcome, von der Leyen responded that, prior to this agreement, European vehicles faced a total tariff of 27.5 percent when entering the US market. This included a 25 percent levy imposed during Trump's previous term in addition to the original 2.5 percent. The new 15 percent rate, she argued, represents a reduction from that level.当被问及对欧盟汽车制造商而言，关税从拜登政府时期的 2.5% 上调至 15% 是否是有利结果时，冯德莱恩回应称，在本协议达成前，欧洲汽车进入美国市场面临的总关税为 27.5%，其中包括特朗普上一任期内加征的 25% 关税以及原本的 2.5%。她认为，新的 15% 关税较此前水平有所降低。Bernd Lange, chair of the European Parliament's Committee on International Trade, criticized the newly reached deal as "unsatisfactory" and "significantly imbalanced," warning that it could undermine the EU's economic stability and job security.欧洲议会国际贸易委员会主席伯恩德・兰格批评这项新达成的协议 “令人不满” 且 “严重失衡”，并警告称其可能破坏欧盟的经济稳定和就业安全。"This is a deal with a slant. Clearly, concessions have been made that are difficult to bear," Lange said in a statement on Sunday.兰格在周日的一份声明中表示：“这是一项带有偏向性的协议。显然，我们做出了难以承受的让步。”Prior to the agreement, over 70 percent of EU exports to the United States were subject to tariffs, including 50 percent on steel and aluminium, 25 percent on automobiles and parts, and a 10 percent duty on most other goods. Trump had warned that if no deal was reached by Aug 1, the 10 percent tariff would be raised to 30 percent.协议达成前，欧盟对美出口商品中超过 70% 需缴纳关税，其中钢铁和铝的关税为 50%，汽车及零部件为 25%，大多数其他商品为 10%。特朗普曾警告称，若 8 月 1 日前未能达成协议，10% 的关税将上调至 30%。tariff /ˈtærɪf/ 关税 concession /kənˈseʃn/ 让步；妥协 imbalanced /ɪmˈbælənst/ 失衡的；不平衡的 framework /ˈfreɪmwɜːk/ 框架；结构

fWotD Episode 3004: Liz Truss Welcome to featured Wiki of the Day, your daily dose of knowledge from Wikipedia's finest articles.The featured article for Saturday, 26 July 2025, is Liz Truss.Mary Elizabeth Truss (born 26 July 1975) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from September to October 2022. On her fiftieth day in office, she stepped down amid a government crisis, making her the shortest-serving prime minister in British history. The member of Parliament (MP) for South West Norfolk from 2010 to 2024, Truss held various Cabinet positions under three prime ministers—David Cameron, Theresa May and Boris Johnson—lastly as foreign secretary from 2021 to 2022.Truss studied philosophy, politics and economics at Merton College, Oxford, and was the president of the Oxford University Liberal Democrats. In 1996, she joined the Conservative Party. She worked at Royal Dutch Shell and Cable & Wireless, and was the deputy director of the think tank Reform. After two unsuccessful attempts to be elected to the House of Commons, she became the MP for South West Norfolk at the 2010 general election. As a backbencher she called for reform in several policy areas including the economy, childcare and mathematics in education. Truss co-founded the Free Enterprise Group of Conservative MPs and wrote or co-wrote a number of papers and books, including After the Coalition and Britannia Unchained.Truss was Parliamentary Under-Secretary of State for Childcare and Education from 2012 to 2014 before Cameron appointed her Secretary of State for Environment, Food and Rural Affairs in a cabinet reshuffle. Although she campaigned for Britain to remain in the European Union, Truss supported Brexit following the outcome of the 2016 referendum. Following Cameron's resignation in 2016 his successor, Theresa May, appointed her Secretary of State for Justice and Lord Chancellor, making Truss the first woman to serve as Lord Chancellor in the office's thousand-year history; in the aftermath of the 2017 general election she was demoted to Chief Secretary to the Treasury. After May announced her resignation in May 2019 Truss supported Johnson's successful bid to become Conservative leader and prime minister. He appointed Truss Secretary of State for International Trade and President of the Board of Trade in July and subsequently to the additional role of Minister for Women and Equalities in September. Johnson promoted Truss to foreign secretary in the 2021 cabinet reshuffle; during her time in the position, she led negotiations on the Northern Ireland Protocol and the British response to the Russian invasion of Ukraine.In September 2022, Truss defeated Rishi Sunak in a leadership election to succeed Johnson, who had resigned because of an earlier government crisis, and was appointed prime minister by Queen Elizabeth II two days before the monarch's death; the government's business was subsequently suspended during a national mourning period of ten days. In response to the rising cost of living and increased energy prices, Truss's ministry announced the Energy Price Guarantee. The government then announced large-scale tax cuts and borrowing, which led to financial instability and were largely reversed. Facing mounting criticism and loss of confidence in her leadership, Truss announced her resignation as leader of the Conservative Party on 20 October. Sunak was elected unopposed as her successor, and appointed prime minister on 25 October. After spending the duration of Sunak's premiership on the backbenches, Truss lost her seat at the 2024 general election.This recording reflects the Wikipedia text as of 00:37 UTC on Saturday, 26 July 2025.For the full current version of the article, see Liz Truss on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm neural Stephen.

China and the European Union have pledged to promote cooperation on trade and investment at the 25th China-EU summit. The two sides have also issued a joint declaration, reaffirming policy continuity to step up efforts in tackling climate change. Meeting EU leaders in Beijing, President Xi Jinping called for providing more certainty for the world through steady China-EU ties.Why does the current international landscape require China and the EU to deepen trust? How can the two sides focus on pragmatic cooperation despite their differences? Host Ding Heng is joined by Dr. Zhou Mi, Senior Research Fellow of Chinese Academy of International Trade and Economic Cooperation; Dr. George Tzogopoulos, Director of EU-China Program at CIFE, a European research organization; Sultan Hali, a Chinese foreign policy analyst and retired Air Force officer in Pakistan.

China will remain a vital innovation hub and manufacturing base for foreign corporations despite global economic uncertainty, said government officials and business leaders.政府官员和商界领袖表示，尽管全球经济形势充满不确定性，但中国仍将作为外国企业的关键创新中心和制造基地而继续发挥重要作用。They noted that foreign firms are maintaining deep engagement with the Chinese market, capitalizing on their technological expertise alongside China's well-developed industrial and supply chains — a synergy that enhances operational efficiency, fosters innovation and strengthens supply chain resilience.他们指出，外国企业正持续深入参与中国市场，充分利用自身的技术专长以及中国完善的工业和供应链体系——这种协同效应能够提高运营效率、促进创新并增强供应链的韧性。Foreign-invested companies in China saw their export and import value grow by 2.4 percent year-on-year to 6.32 trillion yuan ($881.2 billion) in the first half, marking growth for the fifth consecutive quarter, statistics from the General Administration of Customs showed.据海关总署的数据，今年上半年，在华外资企业的出口和进口总额同比增长2.4%，达到6.32万亿元人民币（约合8812亿美元），这是连续第五个季度实现增长。The number of foreign-invested businesses in the country with actual import and export activities amounted to 75,000 in the first six months, the highest level for the same period since 2021, said the administration.该部门表示，上半年在该国开展实际进出口业务的外资企业数量达到75,000家，这是自2021年以来同期的最高水平。China's evolving industrial ecosystem — combining cost, quality and speed with advanced infrastructure — is transforming into a collaborative innovation hub where multinationals co-develop and expand alongside local partners, said Mohamed Kande, global chairman of PricewaterhouseCoopers International Ltd, a London-based global accounting company.普华永道国际有限公司（一家总部位于伦敦的全球性会计师事务所）的全球主席穆罕默德·坎德表示，中国不断发展的工业生态系统——将成本、质量和速度与先进的基础设施相结合——正在转变为一个协同创新的中心，跨国公司与当地合作伙伴共同开发并扩大业务规模。Reflecting on this shift, Lyu Daliang, director of the GAC's department of statistics and analysis, said that among the major manufacturing categories involved in foreign company exports, industries such as specialized equipment, electrical machinery and electronic devices all posted robust growth between January and June.对于这一变化，广汽集团统计分析部门负责人吕大良表示，在外资企业出口所涉及的主要制造业类别中，诸如专用设备、电气机械和电子设备等行业在1月至6月期间均实现了强劲增长。One such company — Global Electric Appliance (Nantong) Co Ltd, a manufacturer of household appliances in Nantong, Jiangsu province and a subsidiary of a Singapore-based industrial group — reported a 31.9 percent year-on-year increase in exports, reaching 343 million yuan in the first half, said Nanjing Customs.其中一家这样的企业——位于江苏省南通市的家用电器制造商“环球电器（南通）有限公司”，该公司隶属于一家总部位于新加坡的工业集团，其出口额同比增长了31.9%，上半年达到3.43亿元，此数据由南京海关公布。Chen Jinxin, head of the company's foreign trade unit, said the company has shipped its products, including vacuum and steam cleaners, to over 90 overseas markets, backed by China's innovative solutions and a highly integrated supply chain that enables rapid product development and efficient global distribution.该公司外贸部门负责人陈金鑫表示，公司已将包括真空吸尘器和蒸汽清洁器在内的产品销往全球90多个市场。这得益于中国的创新解决方案以及高度整合的供应链，该供应链能够实现产品快速开发和高效的全球配送。Apart from investing 3 billion yuan in its Hangzhou plant in Zhejiang province over the past decade, Italian chocolate and confectionery maker Ferrero Group said that the factory now supplies 53 percent of its products to the Chinese market, with the remaining 47 percent exported to more than 20 countries and regions across the Asia-Pacific, the Middle East and North America.在过去十年里，意大利巧克力及糖果制造商费列罗集团在浙江省的杭州工厂投入了30亿元资金。该集团表示，目前该工厂生产的53%的产品供应给中国市场，其余47%的产品则出口到亚太地区、中东和北美地区的20多个国家和地区。Yang Lianjun, general manager of Ferrero's Hangzhou plant, said the Chinese market offers significant opportunities, and the company may introduce additional premium product categories in the future, such as ice cream.费罗尔杭州工厂的总经理杨练军表示，中国市场蕴含着巨大的机遇，公司未来可能会推出更多高端产品类别，比如冰淇淋。To bolster its local research and development capabilities, Ferrero established a food innovation center within its Hangzhou facility last year. The center focuses on developing chocolate, confectionery and bakery products tailored to regional preferences and shortening time-to-market cycles.为了增强其本地的研发能力，费列罗公司去年在其杭州工厂内设立了食品创新中心。该中心致力于开发符合当地消费者口味的巧克力、糖果和烘焙产品，并缩短产品上市周期。The Ministry of Commerce said foreign direct investment in China's manufacturing sector reached 109.06 billion yuan in the first half, while high-tech industries attracted 127.87 billion yuan. FDI inflows from Switzerland, Japan, the United Kingdom and Germany rose by 68.6 percent, 59.1 percent, 37.6 percent and 6.3 percent, respectively.商务部表示，上半年中国制造业领域的外国直接投资达到1090.6亿元，而高科技产业吸引了1278.7亿元的投资。来自瑞士、日本、英国和德国的外资流入分别增长了68.6%、59.1%、37.6%和6.3%。Amid a turbulent and uncertain global trade landscape, the stability of China's policy environment and the long-term orientation of its planning have grown increasingly valuable, said Li Xingqian, vice-chairman of the China Council for the Promotion of International Trade.中国国际贸易促进委员会副会长李兴乾表示，在全球贸易环境动荡且充满不确定性的背景下，中国政策环境的稳定性以及其规划的长期导向性变得愈发重要。Neutrik Technology (Ningbo) Co Ltd, a Ningbo, Zhejiang province-based manufacturer of electronic connectors and a subsidiary of the European company Neutrik AG, reported a 19 percent year-on-year rise in first-half sales to 68.45 million yuan, covering both domestic sales and exports, said Ningbo Customs.位于浙江省宁波市的纽崔克科技（宁波）有限公司是一家电子连接器制造商，隶属于欧洲的纽崔克公司。该公司称，其上半年销售额同比增长19%，达到6845万元人民币，其中包括国内销售额和出口额。此数据由宁波海关提供。Dong Lanju, the company's president, said that China's well-integrated industrial ecosystem and pro-business environment will continue to empower foreign manufacturers to expand production, boost operational efficiency and better capture opportunities in global markets.该公司总裁董兰菊表示，中国完善的工业生态系统以及积极的商业环境将继续助力外国制造商扩大生产规模、提高运营效率，并更好地把握全球市场的机遇。peace talksn.和平谈判/piːs tɔːks/Ukraine crisisn.乌克兰危机/juːˈkreɪnˈkraɪsɪs/

California fruit growers and national dairy groups respond as Dr. Julie Callahan is tapped for key agricultural trade role.

On June 13th, Israel launched attacks on several military and nuclear facilities in Iran, marking the beginning of a 12-day war between the two countries. The United States followed with targeted strikes on Iranian nuclear sites to prevent Iran from becoming a nuclear power and posing a threat to regional and global stability. China's involvement in the conflict was limited to condemning the Israeli and US use of military force and calling for de-escalation. Beijing offered only rhetorical support for Tehran. To discuss what the Israel-Iran war reveals about China's relationship with Iran, its evolving strategy in the Middle East, and the broader implications for US-China competition, we are joined by Yun Sun on the podcast today. Yun is a Senior Fellow, co-Director of the East Asia Program and Director of the China Program at the Stimson Center. Her recent piece in The Wire China entitled “How China Sees Iran's Future” offers provides a nuanced take on Beijing's calculus during and after the war. Timestamps[00:00] Start[01:34] China's Diplomatic Strategy Toward the Middle East[05:00] A Limited Chinese Response and China's Regional Role[08:19] Chinese Perceptions of Iran's External Strategic Blunders[15:00] Trickling Chinese Investment into Iran[20:10] Chinese Concerns About a Nuclearized Iran[25:09] Implications of the Israel-Iran War for China's Energy Security[32:04] Trump's Response Shaping Chinese Views of the United States 

In the 22nd episode of "Are We All Clear? Facilitating Security Clearances," host Marina O'Brien is joined by Washington, D.C., International Trade attorney Andrew McAllister to help break down the Defense Counterintelligence and Security Agency's (DCSA) changes to the Standard Form 328 (SF-328), also known as the Certificate Pertaining to Foreign Interest. Mr. McAllister explains that the main goals of the updates are to reduce processing timelines by placing an emphasis on more thorough submissions as well as align with the expanded efforts to assess and mitigate foreign ownership, control or influence (FOCI) following the implementation of Section 847 of the National Defense Authorization Act (NDAA). One of the most significant changes to the document is in Question B, where the threshold of foreign revenue has been lowered from 30 percent to 15 percent, which will qualify a much higher number of companies. Importantly, Mr. McAllister clarifies that listeners who have previously submitted documents should not be alarmed — if you submitted or signed an SF-328 form prior to May 12, 2025, the old form is acceptable — but moving forward, any new actions must be conducted using the new form.

27 killed in Texas flash flood. Dozens more missing including 25 girls attending summer camp.US President Donald Trump says there could be a deal on a Gaza ceasefire by next week. Canada's International Trade minister looks for other partners as trade with US becomes more difficult.New report undermines Donald Trump's claims that Canada is major contributor to US fentanyl crisis.Calgary Stampede is as much about the economy as it is the rodeo fun.

Today, we have an exciting guest on the podcast - Rah Mahtani from Alibaba.com. We dive into the impact of tariffs on Alibaba's business, the shifts in sourcing behavior among American importers, and the biggest emerging countries in manufacturing that might be worth considering in the future. Struggling with tariffs? Unsure about upcoming changes? Let's talk! With Portless, you only pay tariffs after your customers pay you – so your cash always moves faster than your costs. Schedule a risk assessment and leverage tariff deferment today. All new customers get $1,000 to reinvest in their business. For today's episode, we have a special guest.  We have the Head of Commercial Strategy of Alibaba, Rah Mahtani.  We talk about tariffs, other countries that are seeing rising demand and what Alibaba is currently focused on to grow their portfolio of manufacturers. This episode is one not to miss!   The Big Takeaway Tariffs create cash flow challenges for businesses. Alibaba saw a surge in new customers during high tariff periods. Sourcing behavior is shifting towards larger orders and long-term planning. Vietnam and Mexico are emerging as key sourcing countries. Alibaba is committed to increasing supplier diversity. Community engagement is a priority for Alibaba. Alibaba offers various services beyond sourcing, including logistics support. The company is focused on educating suppliers in emerging markets. There is a growing demand for nearshoring and offshoring. Alibaba's headquarters in Hangzhou is open for tours. Timestamps 00:00 - Introduction to today's guest 05:02 - Impact of Tariffs on Alibaba's Business 09:49 - Shifts in Sourcing Behavior 15:03 - Emerging Markets and Supplier Diversity 19:57 - Community Engagement and Alibaba's Services As always, if you have any questions or anything that you need help with, leave a comment down below if you're interested.  Don't forget to leave us a review on iTunes if you enjoy our content.   Thanks for listening! Until next time, happy selling!

PREVIEW: Colleague John Yoo of UT and Berkeley Law analyzes the Court of International Trade ruling as illegal of the Trump admin tariff declarations. More later. 1888 SCOTUS

Should a president have unchecked authority to impose tariffs on foreign nations? In an excerpt from this week's Insider episode, Preet Bharara and Joyce Vance discuss the Court of International Trade's unanimous ruling that President Trump exceeded his authority by invoking the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs. Also on the Insider docket: – Harvard University's ongoing legal battle against the Trump administration over its efforts to ban international students from attending the school; and – A federal judge's ruling that struck down Trump's executive order targeting Preet's law firm, WilmerHale. CAFE Insiders click HERE to listen to the full analysis. Not an Insider? Now more than ever, it's critical to stay tuned. To join a community of reasoned voices in unreasonable times, become an Insider today. You'll get access to full episodes of the podcast and other exclusive content. Head to cafe.com/insider or staytuned.substack.com/subscribe.  Subscribe to our YouTube channel. This podcast is brought to you by CAFE and Vox Media Podcast Network.  Executive Producer: Tamara Sepper; Supervising Producer: Jake Kaplan; Associate Producer: Claudia Hernández; Audio Producer: Nat Weiner; Deputy Editor: Celine Rohr; CAFE Team: David Tatasciore, Matthew Billy, Noa Azulai, and Liana Greenway. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe farmers know why electric will not work, its not enough power, so if doesn't work for farming it won't work for most industries. Newscum's tariffs lawsuit dismissed. The OBBB is going to change the economy the way we know it, it is the first phase to show the fake news, economist and D's and Fed have been lying. Fed holds on rates and the Atlanta Fed says the economy is going to boom. The [DS] is doing what ever they can to start WWIII. Trump and Putin had phone call and from the call you can see that Senators and others are interfering in the peace process. Putin admits that terrorists are running the country and he will have to hit Ukraine. This will set the stage to remove all terrorists from Ukraine. Trump is now setting the stage via the autopen, he is showing the public that those people that used the autopen were trying to save themselves and coverup their crimes. The coverup always gets you in the end.   Economy https://twitter.com/WallStreetApes/status/1929901165074100709 TAKE A LISTEN (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");   Federal Judge Completely Dismisses Governor Newsom's Lawsuit Over President Trump's Tariffs A federal judge completely dismissed California Democrat Governor Gavin Newsom's lawsuit over President Trump's tariffs. US District Judge for the Northern District of California, Jacqueline Scott Corley, a Biden appointee, dismissed the case citing a jurisdiction issue. Rather than punting the case to the US Court of International Trade like another federal judge did last week, Judge Corley completely dismissed the case and allowed California to file an appeal. Source: thegatewaypundit.com https://twitter.com/elonmusk/status/1930149571801559198    THIS! https://twitter.com/StephenM/status/1930072632990302665   https://twitter.com/StephenM/status/1930050833212686798  is what CBO is “scoring” — not spending, TAX CUTS. The ones we campaigned on and pledged!) 3. The largest welfare reform in history, CUTTING almost $2 trillion in spending (net) Item 1 alone (border security + deportation) makes this the most important legislation for the conservative project in the history of the nation. https://twitter.com/TrumpWarRoom/status/1930245108068167895 Here are 50 reasons why President Donald J. Trump's One Big Beautiful Bill is the best chance in a generation to pass critical reforms for which Americans voted:   https://twitter.com/StephenM/status/1930242667025195048  to CBO, the bill cuts spending over $1.6 trillion. So when a libertarian (eg Rand) attacks the “deficit” impact of the bill they are attacking the tax cut. Of course, honestly accounted, extending current tax rates has zero deficit impact which is why the bill, because of its spending cuts, reduces the deficit. A second major point of confusion is what's actually in a reconciliation bill. It is not an appropriations bill, or a general budget bill. It provides no funding or authorization for 99%+ of the operations of government. It was written not by appropriators but some of the most conservative members of the House. It has not a single Democrat provision or vote.

While foreign governments have adopted a TACO strategy banking on Trump chickening out in their trade negotiations with him, Trump has now been forced to appeal his hand picked court, the US Court of International Trade, who just blocked his entire retaliatory tariff policy as unconstitutional. Michael Popok explains what specialty appeals court gets the case next, and why the Supreme Court may not bail him out this time. To get our $297 when you buy a PAIR offer, including a free charger, head to https://ShopMDHearing.com and use code LEGALAF. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

A panel of federal judges ruled on Wednesday that many of President Trump's tariffs were illegal, a decision that has threatened to derail his trade agenda.Victor Schwartz, the wine importer at the center of the case, explains why he decided to take on the president, and Jeanna Smialek, the Brussels bureau chief for The Times, discusses what options Mr. Trump has to save his trade war.Guest:Victor Schwartz, a small wine importer and the lead plaintiff in a lawsuit against Mr. Trump's tariffs.Jeanna Smialek, the Brussels bureau chief for The New York Times.Background reading: The U.S. Court of International Trade said Mr. Trump had overstepped his authority in imposing his “reciprocal” tariffs globally.An appeals court spared the tariffs while it considered the challenge.From March: Wine businesses were struck with fears of disaster under the threat of huge tariffs.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Doug Mills/The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

On today's MeidasTouch Podcast: A federal appeals court has paused a landmark ruling from the U.S. Court of International Trade that had blocked Trump's unconstitutional tariffs—what's next in this major legal battle? Meanwhile, Trump continues to get played by Putin on the world stage, looking weaker than ever. Back at home, Republicans are getting booed out of their own town halls over their support for Trump and the extreme GOP budget plan. Plus, Karoline Leavitt's press conference goes completely off the rails, weekly jobless claims rise, and we cover even more headlines the corporate media won't. Ben, Brett and Jordy break it all down! Subscribe to Meidas+ at https://meidasplus.com Get Meidas Merch: https://store.meidastouch.com Deals from our sponsors!  The Perfect Jean: F*%k your khakis and get The Perfect Jean 15% off with the code MEIDAS15 at https://theperfectjean.nyc/MEIDAS15  #theperfectjeanpod Fatty15: Get an additional 15% off their 90-day subscription Starter Kit by going to https://fatty15.com/MEIDAS and using code MEIDAS at checkout. MUDWTR: Start your new morning ritual & get up to 43% off your @MUDWTR with code MEIDAS at https://mudwtr.com/MEIDAS! #mudwtrpod Smalls: Head to https://Smalls.com/meidas and use promo code: MEIDAS at checkout for 50% off your first order PLUS free shipping! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

In a fast moving breaking story, we have 2 major developments about Trump's unconstitutional tariff policies: (1) All the judges of the  Federal Circuit Court of Appeals have issued an Administrative Stay of last night's Court of International Trade ruling blocking Trump's global retaliatory tariff policies, until it has time to hear the appeal; while (2) a different federal judge in DC has also ruled that Trump violated statutes and the constitution in imposing certain targeted tariffs on China. Michael Popok pulls it all together. Check out The Popok Firm: https://thepopokfirm.com Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

OA1162 - It's all good news from our favorite branch of government today! We review recent judicial wins in everything from illegal deportations to tariffs to the Trump administration's wars on international students,  private law firms, and common-sense understandings of the expression “foreign policy.” Plus, Matt shares a footnote from the front lines of Trump's mass deportation efforts to explain why an immigration judge 2000 miles away just left him an angry voicemail. MA District Court judge Brian Murphy's preliminary injunction in DVD v. DHS (4/18/25) Judge Murphy's denial of DHS's motion to reconsider (5/26/25) Order to return O.C.G. to Guatemala (5/23/25) Judge Michael Fabiarz's order on Mahmoud Khalil's habeas claim (5/28/25) VOS v. USA decision from the Court of International Trade (5/28/25)  DC Circuit judge Tanya Chutkan's decision in New Mexico v. Musk (5/27/2025) Judge Richard Leon's order in Wilmer Hale's challenge to Trump EO (5/27/25)

SEASON 3 EPISODE 130: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:45) BREAKING NEWS: A Reagan judge, an Obama judge, and a Trump judge walk into a courtroom and rule Trump's "Liberation Day" tariffs - which not only crashed our economy but that of the entire world's - are not a legal use of the 1977 laws empowering him to take actions in the event of an economic emergency. This is not just any court. It's the United States Court of International Trade. Trump already appealed. Stephen Miller already called it a "judicial coup." The fact that America's corporations simply went along with Trump's crap when it knew - as the court knew - this was executive overreach - is its own problem. The halt on the tariffs will itself probably be halted by the appeals. So the re-shaping of the market will be re-re-shaped by the judges, and re-re-re-shaped by the further litigation. That, of course, is not Trump's problem. His only job is to break stuff. SPECIAL COMMENT: Now it's Governor Gretchen Whitmer has learned the lesson - twice. Never appease Trump, never negotiate with Trump, never cooperate with Trump, never support anything Trump wants, never do anything Trump wants. All that registers with him is: you are easier for him to destroy. She sucked up to him. She worked with him. He tricked her into appearing at his photo-op. She hid her face behind a folder like it was a perp walk. Now, he says he's looking into PARDONING THE TERRORISTS CONVICTED OF TRYING TO KIDNAP HER. There is only one way Gretchen Whitmer is going to SURVIVE Trump, Governor. Apple is going to SURVIVE Trump, Tim Cook. There is only one way Columbia is going to SURVIVE Trump, Claire Shipman. There is only one way the White House Correspondents are going to SURVIVE Trump, Eugene Daniels. If you haven’t figured it out yet, I’ll spell it out. Doing what he wants only tells him you will DO WHAT HE WANTS. So he comes back and gives you ANOTHER list of what he wants. He’s a blackmailer. He’s a crooked businessman. He’s a bully. There is only one way to SURVIVE Trump and that is to DESTROY Trump. In a world of White House Correspondents, be the PENTAGON Correspondents. In a world of Apples, be Wal-Mart. In a world of Columbias, be a Harvard. Put your hands on Trump’s shoulders and knee him in the groin. Stand up to him and you can then own HIM, like the Harvard newspaper op-ed writer who has proposed settling the disputes between her school and Trump by challenging Secretary of "Education" Linda McMahon, the wife of the wrestling slime bag, to a Steel Cage Match. ALSO: TRUMP CONFESSES to operating on Russia's behalf and to protecting Putin. HE LEARNS for the first time of the Wall Street analysts mocking him with the tariff acronym "TACO" ("Trump Always Chickens Out") and he chickens out. Turns out Tom Homan also worked for the top Private Prison company. A woman who contributed a million to Trump gets a pardon for her jailbird son. Anybody remember Rudy Giuliani's alleged boast he could sell you a pardon for two million, to be split between him and Trump. And a past president's grandson has died. The president he was the grandson of, left office in... 1845. B-Block (33:00) THE WORST PERSONS IN THE WORLD: Kristi Noem and the camel she rode in on. Jesse Watters and Rep. Tim Burchett try to make fun of men using straws not remembering there's a photo of Trump at Yankee Stadium using a straw. And boy did THIS sound familiar: Rupert Murdoch just buried a New York Post reporter who followed all the rules and instructions Murdoch's minions had laid out for him, because somebody didn't like the story... Just like in 2001 Rupert personally fired ME for doing exactly the same thing (C-Block 43:00 THINGS I PROMISED NOT TO TELL). The punchline is the reporter's name is Josh Kosman and last September he was the guy at The Post who called and told me they were about to update the RFK Jr/Olivia Nuzzi sexting story by claiming I had lived with Olivia. So I busted his scoop and put the story out immediately. Now we're in the Rupert Isn't A Journalist Club. See omnystudio.com/listener for privacy information.

Join Stephanie Miller as she dissects the legal rulings impacting Donald Trump's tariffs and the profound implications for international trade. This episode delves into the fallout from the U.S. Court of International Trade's recent decision, the ongoing controversies surrounding Trump's legal challenges, and the chaotic state of current affairs. Plus, a crucial update on global vaccine access. With guest Karl Frisch!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The US Court of International Trade ruled that Donald Trump's so-called fentanyl and Liberation Day tariffs constituted executive overreach. Now what? Artificial intelligence is on a wild ride through a well-known hype cycle—and is arriving at a “trough of disillusionment” (8:49). And a new book about Xi Jinping's father reveals much about the Chinese president himself (16:42).Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

Today on The McCarthy Report, Andy and Rich discuss the major blow to Trump's tariffs, handed down from the Court of International Trade.This podcast was edited and produced by Sarah Colleen Schutte.

The US Court of International Trade ruled that Donald Trump's so-called fentanyl and Liberation Day tariffs constituted executive overreach. Now what? Artificial intelligence is on a wild ride through a well-known hype cycle—and is arriving at a “trough of disillusionment” (8:49). And a new book about Xi Jinping's father reveals much about the Chinese president himself (16:42).Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.

The Rich Zeoli Show- Hour 2: 4:05pm- During an interview with Brett Baier on Fox News, FBI Director Kash Patel insisted that based on the evidence he has seen—Jeffrey Epstein killed himself. While on Fox & Friends, FBI Deputy Director Dan Bongino said the agency plans on eventually releasing video definitively proving Epstein's death was suicide. 4:30pm- On Wednesday, the U.S. Court of International Trade blocked the Trump Administration's use of the International Emergency Economic Powers Act of 1977 to impose tariffs on trading partners. The panel determined the unilaterally adopted tariffs “exceed” presidential authority.

The Rich Zeoli Show- Hour 3: 5:05pm- On Wednesday, the U.S. Court of International Trade blocked the Trump Administration's use of the International Emergency Economic Powers Act of 1977 to impose tariffs on trading partners. The panel determined the unilaterally adopted tariffs “exceed” presidential authority. BREAKING NEWS: A federal appeals court is—at least temporarily—preserving the tariffs. 5:20pm- In a series of articles published over the weekend, The New York Times examined the Democrat Party's continued struggles appealing to the American electorate. Shane Goldmacher writes that Democrats “are still searching for the path forward”—noting that the party spent $20 million studying their “erosion” of support with “young men” specifically. In another article, Goldmacher—alongside June Kim and Christine Zhang—evaluate “how Donald Trump has remade America's political landscape.” They document that 435 counties across the country became more “Democratic” from 2012 and 2024—however, 2,678 counties became more “Republican.” Further complicating matters is the 2030 census which is expected to cause comfortably blue states to lose electoral votes as citizens move to red states. You can read the articles here: https://www.nytimes.com/2025/05/25/us/politics/democratic-party-voters.html. And here: https://www.nytimes.com/interactive/2025/05/25/us/politics/trump-politics-democrats.html. 5:25pm- Rich announces he will be going to Israel for a fact-finding mission. Newsmax CEO Christopher Ruddy is organizing the event and invited him. On Thursday, Israel accepted a U.S. proposal for a temporary ceasefire with Hamas—however, according to The Jerusalem Post, Hamas is demanding some changes to the agreement. 5:40pm- Dr. EJ Antoni—Chief Economist at The Heritage Foundation—joins The Rich Zeoli Show to talk about his big promotion to chief economist at Heritage, President Donald Trump's use of tariffs to eliminate barriers to entry for American exports, and the One Big Beautiful Bill Act's fate in the U.S. Senate.

The Rich Zeoli Show- Full Show (05/29/2025): 3:05pm- In a hidden video interview conducted by Project Veritas, Vice Chair of the Democratic National Committee David Hogg and former Biden Administration staffer Deterrian Jones revealed that Jill Biden's Chief of Staff Anthony Bernal “had an enormous amount of power.” Jones continued: “The general public wouldn't know how this man looked, but he wielded an enormous amount of power. I can't stress to you enough how much power he had at the White House.” 3:15pm- While appearing on CNN, Alex Thompson—Axios reporter and co-author of “Original Sin: President Biden's Decline, Its Cover-up, and His Disastrous Choice to Run Again”—revealed that Biden Administration cabinet members were not confident that Joe Biden was capable of handling a “2 am crisis,” if one were to occur. So, who was in charge? 3:40pm- During a segment on PBS, host Judy Woodruff examined whether the president—Donald Trump specifically—has the authority to unilaterally launch a nuclear strike. Why wasn't PBS expressing similar concern when, according to recent reports, a cognitively fading Joe Biden held the presidency? 3:50pm- Rich and Matt debate whether Ben Affleck has made any good movies—or if Good Will Hunting, for example, is a great film in spite of Affleck…not because of him. 4:05pm- During an interview with Brett Baier on Fox News, FBI Director Kash Patel insisted that based on the evidence he has seen—Jeffrey Epstein killed himself. While on Fox & Friends, FBI Deputy Director Dan Bongino said the agency plans on eventually releasing video definitively proving Epstein's death was suicide. 4:30pm- On Wednesday, the U.S. Court of International Trade blocked the Trump Administration's use of the International Emergency Economic Powers Act of 1977 to impose tariffs on trading partners. The panel determined the unilaterally adopted tariffs “exceed” presidential authority. 5:05pm- On Wednesday, the U.S. Court of International Trade blocked the Trump Administration's use of the International Emergency Economic Powers Act of 1977 to impose tariffs on trading partners. The panel determined the unilaterally adopted tariffs “exceed” presidential authority. BREAKING NEWS: A federal appeals court is—at least temporarily—preserving the tariffs. 5:20pm- In a series of articles published over the weekend, The New York Times examined the Democrat Party's continued struggles appealing to the American electorate. Shane Goldmacher writes that Democrats “are still searching for the path forward”—noting that the party spent $20 million studying their “erosion” of support with “young men” specifically. In another article, Goldmacher—alongside June Kim and Christine Zhang—evaluate “how Donald Trump has remade America's political landscape.” They document that 435 counties across the country became more “Democratic” from 2012 and 2024—however, 2,678 counties became more “Republican.” Further complicating matters is the 2030 census which is expected to cause comfortably blue states to lose electoral votes as citizens move to red states. You can read the articles here: https://www.nytimes.com/2025/05/25/us/politics/democratic-party-voters.html. And here: https://www.nytimes.com/interactive/2025/05/25/us/politics/trump-politics-democrats.html. 5:25pm- Rich announces he will be going to Israel for a fact-finding mission. Newsmax CEO Christopher Ruddy is organizing the event and invited him. On Thursday, Israel accepted a U.S. proposal for a temporary ceasefire with Hamas—however, according to The Jerusalem Post, Hamas is demanding some changes to the agreement. 5:40pm- Dr. EJ Antoni—Chief Economist at The Heritage Foundation—joins The Rich Zeoli Show to talk about his big promotion to chief economist at Heritage, President Donald Trump's use of tariffs to eliminate barriers to entry for American exports, and the One Big Beautiful Bill Act's fate in the U.S. Senate. 6:05pm- Jake Tapper's new book, “Original Sin: Pr ...

Episode 593: Neal and Toby dive into Nvidia's Q1 earnings which topped expectations but came with a warning from CEO Jensen Huang. Then, companies are looking to cash in on Bitcoin's rising price as it looks to build crypto reserves. Also, consulting firms are experiencing a world of pain as cut backs on federal spending have led to mass layoffs. Meanwhile, Neal shares his favorite numbers on NYC's congestion pricing, the New York's Knicks, and the Birthday Effect. Finally, the US Court of International Trade just blocked Trump's reciprocal tariffs.  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. LinkedIn will even give you a $100 credit on your next campaign so you can try it yourself. Go to LinkedIn.com/MBD  Terms and conditions apply. Only on LinkedIn Ads. Check out more Maxinomics videos: https://www.youtube.com/@Maxinomics Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note  Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Wall Street's TACO nickname for Donald Trump: Trump always chickens out. Donald is a gigantic coward. The US Court of International Trade blocks Donald's use of IEEPA to impose tariffs. A second federal court also blocked Donald's tariffs. The courts might have saved Donald from himself. A update on the trans girl athlete in California. Democrats shouldn't back away from this issue. ICE deported a 2-year-old girl who's an American citizen. Elon Musk and X stop by to talk about his departure from DOGE. With Jody Hamilton, David Ferguson, music by Divided Heaven, Mr. Grossman, and more!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.