All right, Alexander, let's talk about the trade talks between the United States and China.

Trump will be meeting with Xi very soon.

And it looks like we have some sort of a framework agreed on between the United States and China.

At least, this is according to Besant.

He has a bit of a more positive spin on things.

China seems to be more cautious, but Bessent talked about soybeans, China purchasing soybeans,

and he also talked about some sort of an extension on the rare earths and the export controls

that are being placed by China on rare earths.

So he mentioned that as well.

It seems to me as if we've gone eight, nine months of this trade tariff war between the

United States and China just kind of end up

back at the beginning, it seems right? I mean, that's how it looks to me, so we kind of got in a

circle and we're right back to where things started on day one of Trump's administration.

I think this is exactly, I think this is exactly right. I think what's happening is this. I mean, I think that

when Trump came in, he wanted again to readjust the whole balance of trade decisively

in favor of the United States. He believed the United States had an enormous advantage over

China because China needed

the American market.

He's made various decisions about tariffs, as we know.

He once at one point raised tariffs against China to, I think it was 147%.

He's discovered that the Chinese play a very tough game, and the Chinese have made it

quite obvious that they've got leverage over the United States that goes well beyond the

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