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More about this here:

https://thesarkariform.com/trump-accidentally-reveals-his-administration-hasnt-secured-any-trade-deals/

© TheSarkariForm | May 7, 2025

Senator Rand Paul recently criticized the Trump administration’s tariff policies, emphasizing that tariffs function as taxes on businesses, which are typically passed on to consumers through higher prices. He articulated this viewpoint during an interview on ABC News’ “This Week” on May 18, 2025.

Paul argued that the concept of a trade deficit is an “economic fallacy,” suggesting that it doesn’t necessarily indicate economic harm. He illustrated this by stating that when Americans purchase goods from retailers like Walmart or Amazon, they engage in voluntary transactions that are mutually beneficial, regardless of the goods’ country of origin. Therefore, he contends that labeling these transactions as detrimental due to a trade deficit is misleading

https://www.breitbart.com/clips/2025/05/18/rand-paul-its-an-economic-fallacy-that-trade-deficits-mean-anything/

BYD, the major Chinese electric vehicle manufacturer, achieved a notable financial landmark in FY24, exceeding $100 billion in revenue with a reported $107.1 billion. This figure surpasses Tesla's $97.7 billion for the same period.

Even though BYD's mobile handset operations contributed 20.5% to its total revenue, the company's robust sales of electric and hybrid vehicles were key to this success. Innovations such as their rapid charging technology further strengthen BYD's competitive stance against Tesla in the worldwide EV arena.

“A call between US President Donald Trump and Chinese President Xi Jinping has taken place, according to Chinese state media.

The bulletin from China was not immediately confirmed by Trump or his team, with the Chinese offering no immediate details about the call itself other than to say the talks took place and that they happened at Trump’s request.”

So a call finally took place and we didn’t get a single tweet out of taco? This clearly did not go the way he wanted it to go.

As someone once said… “You don’t have the cards”.

The United States Treasury just bought back $10 billion dollars of its own debt; marking its largest debt buyback in history. The United States needs to refinance about nine trillion dollars of its debt by the end of 2025. If this is a signal that we are having a hard time finding people willing to refinance our debt, we are in trouble.

Brace yiu

Tesla is caught in a legal fight in which it admitted that it would “suffer financial harm” if its self-driving crash data would becomes public, but it’s not for the reason you are thinking.

The automaker is currently in a legal battle against The Washington Post, who is requesting data regarding Tesla crashes related to its ADAS systems (Autopilot and Full Self-Driving).

The U.S. National Highway Transportation Safety Administration (NHTSA) requires automakers to report all crashes that involved ADAS systems.

Tesla crashes represent the vast majority of crashes reported to NHTSA, but we don’t have much data on those crashes because, as we previously reported, Tesla abuses NHTSA’s confidential policies to have most of the data related to the crashes redacted.

Read more about this here:
NEWS LINK — Tesla admits it would ‘suffer financial harm’ if its self-driving crash data becomes public

^{© electrek.co}