🇨🇳🇺🇸 China has massively reduced its dependence on the US market for its exports.

Here you see a breakdown of China's export destinations in 2017 (left) and 2023 (right).

In 2017, 20% of China's exports went to the US.

In 2023, 12.8% of China's exports went to the US.

🔗 Jostein Hauge

🚘🇺🇸🇨🇳 Tesla stops taking new orders in China for two imported, US-made models

Tesla has suspended taking new orders for Model S and Model X vehicles on its Chinese website, Reuters checks showed on Friday, as the world's two largest economies exchange blows in a trade war.

Both models are made in the U.S. and imported to China. New orders for the two models were also no longer available on the automaker's WeChat mini programme account in China.

https://www.reuters.com/business/autos-transportation/tesla-suspends-taking-new-orders-model-s-model-x-chinese-website-2025-04-11/

https://archive.ph/hgeAB

📝⚡️💬🏳📍🇹🇷 — 📰 ZeroHedge | Russia & US Reveal Details Of Latest Talks In Istanbul | April 11, 2025:

"American and Russian delegations continued their direct engagement in an effort toward normalization, meeting Thursday in Istanbul for talks which lasted for more than five hours. Moscow's newly appointed ambassador to Washington, Aleksandr Darchiev, led the Russian side, while the US side was headed by Deputy Assistant Secretary of State for European and Eurasian Affairs Sonata Coulter.

Darchiev was quoted in TASS after the meeting as saying that an "understanding has been reached [to pursue] further measures aimed at easing the movement of diplomats in the host country as well as related visa procedures."

The two sides are also working on a road map to restore Russian diplomatic properties previously seized by the US, according to regional media."

🗄 Archive

🔗 Full:

🇨🇳China says won't bother raising tariff rates further since it no longer makes economic sense and rates have become a "joke"

https://bloomberg.com/news/articles/2025-04-11/china-raises-tariffs-on-us-goods-to-125-in-retaliation

🔗 John Kemp

🇿🇦🇺🇸 President Trump torches South Africa for seizing “the land of white Farmers, and then killing them and their families.”

📎 https://x.com/AFpost/status/1910854703304368266

🇿🇦🇺🇸 President Trump attached this video to the above post about South Africa. It features various clips of EFF party leader Julius Malema inciting land confiscation and the killing of whites. As well as former South African President Jacob Zuma singing about slaughtering white people.

📎 Truth Social

🇺🇸 Dual carrier coverage in the Middle East

- Carl Vinson Carrier Strike Group (CSG) arrived in CENTCOM AOR, operating off the coast of Oman

- In the Red Sea, Truman CSG continues non-stop 24/7 strike ops against the Houthi

- Nimitz CSG chopped into U.S. 7th Fleet near Hawaii

- Ford CSG is completing COMPTUEX training off the east coast

- Washington, Lincoln, & Bush are active & at homeport

https://fxtwitter.com/ianellisjones/status/1910807770762551330

🇨🇳🇺🇸 China slaps 125% tariff on ALL US goods starting tm.

At this point, there will be a complete stop of direct bilateral China-US trade.

🔗 Carl Zha

🇺🇸🇮🇷 Trump tells Iran ‘make a deal or it’s war’

Donald Trump has given Iran 60 days to agree a nuclear deal or face military action.

The US president’s demands were set out in a letter to his Iranian counterpart Ayatollah Ali Khamenei, Politico reported, citing multiple sources.

Steve Witkoff, Mr Trump’s envoy, is in Oman this weekend to begin negotiations with Abbas Araghchi, Tehran’s foreign minister, the first such talks between the US and Iran in more than a decade.

https://www.yahoo.com/news/trump-tells-iran-deal-war-225135586.html

🇦🇪🇾🇪 Satellite imagery from Planet Labs PBC, dated March 28, 2025, reveals the completion of an airstrip on Mayun Island, also known as Perim Island, located in the strategic Bab el-Mandeb Strait off the coast of Yemen. The airstrip was constructed by the United Arab Emirates (UAE) to support the Southern Transitional Council (STC) in their ongoing conflict against the Houthis.

The imagery shows the airstrip marked with runway designations “09” on the eastern end and “27” on the western end.

It will definitely be used against the Houthis, but it's an easy target for their cruise missiles, ballistic missiles, and OWA-UAVs.

https://fxtwitter.com/OSINTWarfare/status/1908495383229005917

🇺🇸❌🇨🇳 Trump Exempts Phones, Computers, and Chips from Reciprocal Tariffs – Tech Industry Wins Big

➡️ Key Exemptions Announced: The Trump administration has exempted smartphones, computers, and semiconductors from its sweeping "reciprocal tariffs," providing major relief to tech giants like Apple, Nvidia, and TSMC, which rely heavily on Chinese manufacturing .

➡️ Retroactive Relief: The exemptions apply retroactively to products shipped from April 5, 2025, sparing companies from sudden cost spikes. However, a separate 20% tariff on Chinese goods (linked to fentanyl trade disputes) remains in place .

➡️ Market Impact: Apple’s stock had plummeted $640 billion since Trump’s initial tariff announcement, with fears of iPhones costing up to $3,500. The exemptions are seen as a "dream scenario for tech investors" .

➡️ China Trade War Continues: Despite exemptions, the U.S. and China remain locked in a tit-for-tat tariff battle, with Beijing imposing 125% tariffs on U.S. goods. Trump’s 145% levy on Chinese imports still stands for non-exempt products .

➡️ Reshoring Push: The White House claims the exemptions are temporary, urging companies like Apple and TSMC to accelerate U.S. manufacturing plans. Critics argue full reshoring is unrealistic due to supply chain gaps.

Follow: @VixUltra