The Atlantic: The Disturbing Rise of MAGA Maoism

Trump seems to be ceding the future to China while emulating its past.

China may well come to dominate the next century—because President Donald Trump is taking a page from the most famous Chinese leader of the previous one.

The United States remains the world’s preeminent soft power. It’s a financial and cultural juggernaut, whose entertainment and celebrities bestride the planet. But as an industrial power, the U.S. is not so much at risk of falling behind as it is objectively behind already. A recent essay in the journal Foreign Affairs by Rush Doshi and Kurt Campbell, both China experts who served in the Biden administration, made the case with alarming specificity. China makes 20 times more cement and 13 times more steel than the U.S. It makes more than two-thirds of the world’s electric vehicles, more than three-quarters of its electric batteries, 80 percent of its consumer drones, and 90 percent of its solar panels. China’s shipbuilding capacity is several orders of magnitude larger than America’s, and its navy will be 50 percent larger than the U.S. Navy by 2030.

The Trump administration clearly recognizes the need to rebuild industrial capacity. In its executive order published on “Liberation Day,” the White House suggested that, without high tariffs, America’s “defense-industrial base” is too “dependent on foreign adversaries”—a clear allusion to China.

But …

But Trump’s approach to countering China has been so scattershot, so inept, so face-smackingly absurd, that it sometimes seems like covert policy to destroy America’s reputation. Rather than build a global trading and supply-chain alliance to match the scale of China, we’ve threatened to invade Canada and slapped new tariffs on our European and East Asian allies. Rather than invest in scientific discovery, which is the basis of our technological supremacy, the administration threatens to decimate the National Institutes of Health and the National Science Foundation while attacking major research universities, including Harvard and Columbia. Rather than compete on clean energy, the White House has targeted solar and wind subsidies for destruction. Rather than invest in nuclear power by expanding the Department of Energy’s Loan Programs Office, which provides billion-dollar loan guarantees for nuclear projects, the administration dismissed 60 percent of its staff. Rather than secure our reputation as the world’s premier destination for global talent, we’re driving away foreign students.

https://archive.is/j0lGD#selection-673.0-708.0

Inquirer: Trump moves to tax parcels; some retailers give up on US

As the United States ends a tariff exemption for small parcels on Friday, some retailers have stopped selling to US customers while others are seeking temporary workarounds in the hope the tariff rate may be reduced.

The removal of “de minimis”—duty-free treatment of e-commerce packages worth less than $800—for products originating from China and Hong Kong exposes those goods to tariffs of 145 percent on most Chinese goods following US President Donald Trump’s decision last month. The move upended global trade and triggered retaliation from Beijing.

https://www.msn.com/en-ph/news/other/trump-moves-to-tax-parcels-some-retailers-give-up-on-us/ar-AA1E4Aw6

Alternet: Trump’s clown car cabinet is driving off a cliff | Opinion

UPS, the United Parcel Service, just announced that it is laying off 20,000 employees and closing 73 of its buildings by the end of June. It attributes the downturn to reduced shipping volume from its largest customer, Amazon, due to Trump’s tariffs.

When a division of Amazon considered telling consumers the truth, by posting the costs tariffs added to the price of each imported product, the mere possibility set the White House on attack mode. Trump immediately called Amazon owner Jeff Bezos, who reassured him Amazon would never do such a thing, while Karoline Leavitt accused Bezos of a “political and hostile” act just for thinking about it.

When a presidential team of incompetent egoists calls truth-telling a “hostile act,” we’re in trouble.

https://www.msn.com/en-us/news/politics/trump-s-clown-car-cabinet-is-driving-off-a-cliff-opinion/ar-AA1E5ReC

Wall Street Journal: First Canada, Now Australia: The Trump Factor Boosts Another World Leader in an Election

Australian Prime Minister Anthony Albanese was returned to power in an election Saturday, the latest left-leaning leader to achieve a comeback victory as President Trump roils global markets and upends international affairs.

As of about 11 p.m. Sydney time, Albanese’s Labor Party was projected to win at least 87 seats in the nation’s House of Representatives—where governments are formed—defeating the conservative bloc of the Liberal and National parties, which was projected to win at least 40, according to the Australian Broadcasting Corp.

The result was a decisive win for Albanese, whose party expanded its majority in the 150-seat chamber. Before the vote, polls showed Albanese leading, but not by much.

https://www.msn.com/en-us/news/world/first-canada-now-australia-the-trump-factor-boosts-another-world-leader-in-a-close-election/ar-AA1E671D

Huffington Post: The Trump Administration Thinks You Should Be OK With Being Poor

But even as the bad news piles up, the Trump administration has decided to reassure panicked consumers with a chilling talking point: Poverty is good, actually.

Last month, as economists warned of the harm Trump’s tariff policies could cause, including drastically increasing the price of goods, Treasury Secretary Scott Bessent attempted to dismiss those concerns by insinuating that being able to afford things is not important to Americans.

“Access to cheap goods is not the essence of the American dream,” Bessent said to a crowd of economists

It turns out this assertion was only the beginning of the Trump administration’s vision for a new American dream.

From Trump telling reporters that he’s not worried about empty stores to Commerce Secretary Howard Lutnick saying during an interview that in his version of America, multiple generations will work in the same factories, it sure seems like the Trump administration is trying to prime Americans for accepting and even enjoying a drastically lower standard of living.

https://www.msn.com/en-us/news/politics/the-trump-administration-thinks-you-should-be-ok-with-being-poor/ar-AA1E4kNp

CNBC: Mattel CEO says toy manufacturing won’t come to America, but price hikes will

  • Mattel CEO Ynon Kreiz told CNBC he does not foresee toy manufacturing coming to America.
  • Instead, the company expects to raise prices in the U.S. to offset President Donald Trump’s 145% tariff on Chinese imports.
  • By the end of the year, less than 40% of Mattel’s product will be sourced from China, with a goal of reducing that to below 25% in the next two years.

One of the goals of President Donald Trump‘s 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, at least when it comes to toys.

“We don’t see that happening,” Mattel CEO Ynon Kreiz said on CNBC’s “Squawk Box” on Tuesday, less than a day after the company withdrew annual financial targets.

“We need to remember that a significant part of toy creation happens in America,” he said. “Design, development, product engineering, brand management all happens in America. Making product, producing product in other countries, allows us to create quality products at affordable price points.”

https://www.cnbc.com/2025/05/06/mattel-ceo-toy-manufacturing-trump-tariffs.html

CNN: The first boats carrying Chinese goods with 145% tariffs are arriving in LA. Shipments are cut in half. Expect shortages soon

American consumers are on the cusp of tough choices because of President Donald Trump’s trade war.

Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports. That means, in a matter of weeks, consumers will face higher prices and shortages of certain items.

Imports from China have fallen dramatically since Trump imposed steep tariffs – particularly since last month, when the tit-for-tat trade war sent the tariff on most Chinese goods up to 145%.

“This week, we’re down about 35% compared to the same time last year, and these cargo ships coming in are the first ones to be attached to the tariffs that were levied against China and other locations last month,” Gene Seroka, executive director of the Port of Los Angeles, told CNN Tuesday. “That’s why the cargo volume is so light.”

The drop-off in imports from China on the boats now coming into port is more than 50%, Seroka said. Many importers have canceled previous orders because US businesses aren’t interested in paying the steep tariff, which can more than double the price of Chinese goods.

The Port of LA had expected 80 ships to arrive in May, but 20% of those have been canceled, Seroka said. Customers have already canceled 13 sailings for June.

https://www.msn.com/en-us/money/economy/ar-AA1EgCdN

Barron’s: Global Shipping Is Grinding to a Standstill. It’s a Matter of Time Until Americans Feel It.

There aren’t shortages of goods in U.S. stores yet, but if the deterioration in global shipping is any indication, they are on the way. That could complicate the White House’s pleas for Americans to be patient as trade officials rush to strike dozens of deals.

Cargo has dropped, or is expected to, at major ports including those of Los Angeles; Long Beach, Calif.; and New York-New Jersey, primarily on shipments from China, which exports more than any other country to the U.S.

U.S. import booking volumes have dropped 35% since late March, according to the shipping data company Vizion, including a 26% drop between the week ended April 21 and the following week. Shipments from China dropped nearly 43% in the last full week of April, the sharpest decline of the year. During April, several weeks saw China import bookings down by more than half, Vizion said.

The potential impact on companies and consumers is broad. Imports of Chinese electronics, plastics, vehicles, steel, and textiles have all fallen by more than half.

Perhaps just as concerning for some farmers and 

https://www.msn.com/en-us/money/markets/ar-AA1EhmJR

The Hill: Opinion: Trump is tanking with Ohio independents — a new poll shows why

Trump won Ohio by 11 points in 2024. But the news among Ohio independents today is not especially good.

According to the latest Bowling Green State University-YouGov poll of 800 registered Ohio voters, Trump is underwater among independents. Just 40 percent approve, while 47 percent disapprove of his job performance. Just five months ago, 56 percent of Ohio independents reported voting for Trump.

Potential trouble among independent voters is apparent throughout the survey. More than half of Ohio independents (53 percent) think the country is on the wrong track, with nearly half (48 percent) saying that inflation or the economy in general is America’s most important problem and another 13 percent saying threats to democracy.

Asked about their personal economic situation, more than half of Ohio independents (52 percent) believe it has worsened. Their assessment of the U.S. economy is more dire. Nearly three-quarters (73 percent) believe it has gotten worse.

Asked about the Trump administration’s tariff policies, more than half of Ohio independents (51 percent) believe they hurt the U.S., and 53 percent believe they will hurt them personally. Specifically asked about a 25 percent tariff on Mexican and Canadian imports, 61 percent of Ohio independents are opposed.

https://www.msn.com/en-us/news/politics/opinion-trump-is-tanking-with-ohio-independents-a-new-poll-shows-why/ar-AA1E4T08

The Atlantic: Don’t Look at Stock Markets. Look at the Ports.

Stock markets plunged for days after President Donald Trump announced steep tariffs on imports from around the world. The sell-off ebbed only when he suspended most, but not all, of the new measures for 90 days. The ticker tape is just one indicator of an economy, and other signs are growing more and more ominous—including at the Port of Los Angeles, where high tariffs on China are crushing maritime traffic. “Essentially all shipments out of China for major retailers and manufacturers have ceased,” Eugene Seroka, the executive director of the port, said on April 24.

The Port of Los Angeles, the busiest containerized-cargo port in the Western Hemisphere, processes about 17 percent of everything the United States imports or exports in shipping containers. The adjoining Port of Long Beach accounts for another 14 percent. Over the years, a whole ecosystem has arisen to support the loading and unloading of the cars, clothes, electronic gadgets, and other things that people want. There are workers and warehouses, trucks and loading pads, security structures and rail lines.

Seroka estimated that cargo arrivals would soon be down 35 percent over the same time last year. At the moment, the drop in traffic seems likelier to accelerate than to reverse. The number of cargo ships canceling port calls or entire voyages is on the rise. A number of shipments now under way were instigated before Trump’s so-called Liberation Day tariff announcement, on April 2. According to Forto, a cargo-management and -tracking company, reservations for shipping products must normally be placed two weeks before a cargo vessel launches. The trip from China from California typically takes two or more additional weeks. In other words, the full effects of U.S. tariff policies on maritime traffic may not be apparent for some time.

https://www.msn.com/en-us/money/markets/don-t-look-at-stock-markets-look-at-the-ports/ar-AA1E6eR8