Topic
Business China US

Tariff cuts agreed, chips unresolved

7m

China confirmed it had expanded the commercial truce with the United States, agreeing which products would receive tariff cuts, while access to U.S. chips remained unresolved.

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Reposted by Henry Gao, Vali Nasr

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Reposted by Patrick Dunleavy

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Unbelievable.

Apparently at the same time Trump is withholding a $14 billion arms package to Taiwan approved by Congress, he offered to sell arms to Xi Jinping, despite the fact that China is aiding Iran and Russia.

www.nytimes.com/2026/09/27/u...
Trump Offered to Sell Arms to China, U.S. Ambassador Says (Gift Article)
President Trump made the offer to Xi Jinping, China’s leader, said David Perdue, the ambassador to China. The White House later said the U.S. had no plans for such a sale.
www.nytimes.com
September 28, 2026 at 1:28 AM
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And in today's 'You Can't Make This Up' category, the winner is: "Trump Offered to Sell Arms to China, U.S. Ambassador Says" www.nytimes.com/2026/09/27/u...
Trump Offered to Sell Arms to China, U.S. Ambassador Says
President Trump made the offer to Xi Jinping, China’s leader, said David Perdue, the ambassador to China. The White House later said the U.S. had no plans for such a sale.
www.nytimes.com
September 28, 2026 at 12:00 PM
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Nope. that's it. I'm done. This timeline is too mind-bogglingly stupid.
President Trump has asked Xi Jinping, the leader of China, whether he would like to buy American weapons, David Perdue, the American ambassador to China, said in a television interview on Sunday.
Trump Offered to Sell Arms to China, U.S. Ambassador Says
President Trump made the offer to Xi Jinping, China’s leader, said David Perdue, the ambassador to China. The White House later said the U.S. had no plans for such a sale.
nyti.ms
September 28, 2026 at 3:09 AM
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Reposted by Adam S. Posen

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Reposted by Adam S. Posen

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Revised version of "U.S. Trade Policy and Partner Industrial Production" is available at papers.ssrn.com/sol3/papers...
September 27, 2026 at 8:00 PM
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Intervening diplomatically goes against Chinese instincts. But if there is a third and more devastating round of US-Iran war, whose economic shocks China no longer can insulate itself from, Beijing may be incentivized to intervene in a manner Washington may prefer to avoid.
September 27, 2026 at 3:03 PM