Hacker News with Generative AI: Trade

DJI drones are everywhere. The U.S. may still ban them (restofworld.org)
Drones from Chinese giant DJI are deeply embedded in American life. With a potential ban looming, the company has until the end of the year to convince U.S. lawmakers it does not pose a national security threat, amid trade tensions between the two countries.
What happened to American manufacturing is not unusual (waldrn.com)
President Trump’s chaotic implementation of new tariffs has roiled markets and wrecked decades of international cooperation and free trade agreements.
Why does the U.S. always run a trade deficit? (newyorkfed.org)
The obvious answer to the question of why the United States runs a trade deficit is that its export sales have not kept up with its demand for imports.
Trump warns Walmart: Don't raise prices due to my tariffs (apnews.com)
Trump says he will call Putin, then Zelenskyy, on Monday to push for Ukraine ceasefire
A warning from Walmart during US trade war: Higher prices are inevitable (apnews.com)
Trump has "a little problem" with Apple's plan to ship iPhones from India (arstechnica.com)
Donald Trump has hit out at Apple’s plans to produce more iPhones in India as a way of avoiding US tariffs on Chinese-made goods, as he continues to push the tech group to manufacture its best-selling device in America.
US warns that using Huawei AI chip 'anywhere' breaks its rules (businesstimes.com.sg)
The Commerce Department issued guidance stating that the use of Huawei Technologies’ Ascend artificial intelligence (AI) chips “anywhere in the world” violates the government’s export controls, escalating US efforts to curb technological advances in China.
Bessent and Chinese minister held a secret meeting in IMF basement 3 weeks ago (ft.com)
Who blinked first? How the US and China broke their trade deadlock
Trump names Todd Blanche acting librarian of Congress (apnews.com)
US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough (cnbc.com)
US and China agree to drastically roll back tariffs (cnn.com)
Joint Statement on China-U.S. Economic and Trade Meeting in Geneva (mofcom.gov.cn)
Where does the ginseng in your tea come from? Graphic memoir explains the trade (npr.org)
In 2011, cartoonist Craig Thompson fell on his moneymaker – by which I mean his drawing hand.
Zero ships from China are bound for California's top ports (cnn.com)
China exports jump 8% in April despite tariffs (ft.com)
Globalization did not hollow out the American middle class (noahpinion.blog)
For years, I’ve been calling for the U.S. to promote manufacturing. When Americans started getting excited about reindustrialization, I cheered. I was a big supporter of Joe Biden’s industrial policy, and I even praised Donald Trump for smashing the pro-free-trade consensus in his first term.
Shipments are cut in half carrying Chinese goods with 145% tariff arriving in LA (cnn.com)
As Bright as a Feather: Ostriches, Home Dyeing, and the Global Plume Trade (publicdomainreview.org)
In the 19th century, dyed ostrich feathers were haute couture, adorning the hats and boas of fashionistas on both sides of the Atlantic.
Ford raises prices on Mexican-made cars–but not the full tariff cost (arstechnica.com)
Price rises are coming to some Mexican-made Ford vehicles this summer as a result of President Trump's decision to launch an international trade war.
US clears $131M sale of defence software, equipment to India (indiatimes.com)
The Trump administration has approved a $131 million sale of maritime domain awareness software and equipment to India.
Chinese exporters 'wash' products in third countries to avoid Trump's tariffs (ft.com)
Trump announces 100% tariffs on movies ‘produced in foreign lands’ (theguardian.com)
Donald Trump on Sunday announced on his Truth Social platform a 100% tariff on all movies “produced in Foreign Lands”, saying the US film industry was dying a “very fast death” due to the incentives that other countries were offering to draw American film-makers.
Trump Says He Will Implement 100% Tariffs on Films Produced Outside the U.S. (variety.com)
Donald Trump took to Truth Social Sunday to announce he is “authorizing” the Department of Commerce and the United States Trade Representative to impose a 100% tariff on “any and all” movies produced in “foreign lands.”
A Trade Breakdown (lynalden.com)
This newsletter issue breaks down the recent trade breakdown (sorry for the pun) and explores some of the nuances of why realigning the global balance of trade is both popular and extremely difficult to do.
Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon' (cnbc.com)
The digital countermove to Trump tariffs (ft.com)
The digital countermove to Trump tariffs
Trump Officials Are Now Hoarding Supplies Thanks to Their Boss (newrepublic.com)
Trump administration officials are stockpiling basic supplies in anticipation of skyrocketing prices from the president’s ill-advised tariffs.
The Death of Affordable Computing: Tariffs Impact and Investigation [video] (youtube.com)
Amazon says displaying tariffs 'not going to happen' after White House blowback (cnbc.com)
What Happens When There Are No Deals? – Paul Krugman (paulkrugman.substack.com)
Trump's tariff fantasies are colliding with reality. Now what?