Corporations line up for gov refunds on over $100 billion bucks in #TrumpTariffs . Big corps still waiting for their cash back include Costco, #Walmart, Home Depot, Target, General Motors, Ford Motor Company, #FedEx, #UPS and #DHL

U.S. Customs and Border Protection agency relays that since #SCOTUS ruled against #Drumpf admin tawdry #tradewar #tariffs the #USGov "has refunded more than $20 billion so far in tariffs to importers and shippers" but some “approximately $85 billion” in refund requests “have been accepted for processing.”

https://www.nbcnews.com/business/business-news/trump-tariff-refunds-paid-ieepa-rcna347080 #Winning

$20 billion in tariff refunds paid so far, with more on the way

The Trump administration has refunded more than $20 billion in overpaid tariffs so far after the Supreme Court struck down the pillar of Trump’s trade policy.

NBC News
Carney ‘constantly’ in touch with Trump, Joly says as CUSMA review nears
'In 2025, were much more in reaction mode when it came to the trade war and the tariffs. In 2026, we have a plan and we're putting it into place,' Joly said.
#Canada #Economy #Politics #cusma
https://globalnews.ca/news/11871773/mark-carney-donald-trump-cusma-review/
Carney ‘constantly’ in touch with Trump, Joly says as CUSMA review nears
'In 2025, were much more in reaction mode when it came to the trade war and the tariffs. In 2026, we have a plan and we're putting it into place,' Joly said.
#Canada #Economy #Politics #cusma
https://globalnews.ca/news/11871773/mark-carney-donald-trump-cusma-review/
Carney ‘constantly’ in touch with Trump, Joly says as CUSMA review nears
'In 2025, were much more in reaction mode when it came to the trade war and the tariffs. In 2026, we have a plan and we're putting it into place,' Joly said.
#Canada #Economy #Politics #cusma
https://globalnews.ca/news/11871773/mark-carney-donald-trump-cusma-review/

The illusion of a quick deal

This satirical cartoon depicts Donald Trump as a giant orange balloon while Xi Jinping calmly prepares to puncture it. The Chinese text roughly means: "No rush, we'll know what to do."
The image captures something that many observers underestimated: Trump appeared convinced that a personal meeting with Xi Jinping could quickly untangle the tariff war and lead to a breakthrough. The assumption seemed to be that pressure, unpredictability and direct leader-to-leader diplomacy would force Beijing toward concessions.
China, however, has often approached strategic competition differently: with patience, long-term calculations and the willingness to absorb short-term costs if larger objectives are at stake.
The message of the cartoon is not really about tariffs alone. It suggests a broader warning: believing complex geopolitical and economic rivalries can be solved through a single handshake may itself become the biggest illusion.

#Trump #China #XiJinping #Tariffs #TradeWar #Geopolitics #Satire

🟢 Export Control | 5/10
🇨🇳 🇺🇸 🇨🇦

China imposes export controls on chemicals for US, Canada, Mexico
China announced new export controls on three precursor chemicals shipped to the US, Canada, and Mexico, requiring government licences for future exports.

#OSINT #NewsGroup #China #ExportControl #TradeWar

"The people around the world buying our exports, they are not our subjects that we grant food to when we feel like it. They're the customers who pass & make our work possible. When we take them for granted, they're not just going to come begging us to come back. They're going to find someone else to buy from. "

I want to see more of @sarahtaber on SM exploding out of date views of
#USFarmPolicy esp related to Trump's Ag #TradeWar with #Australia #China & #Brazil https://youtube.com/shorts/S6uAM4DOjuQ?si=mJ8TQUSgbJnDSZ51

Farm trade wars: a real pickup opportunity for farmers around the world. #farm #food #tariffs

YouTube

It's an outdated belief in the US that the US will win trade wars because we've exported so much grain & meat for so long that the rest of the world cannot grow enough food to feed itself without the US & there's nowhere else for them to go so they'll HAVE to give in our trade demands.

The reality is the world can feed itself just fine when it wants to.
GREAT insight by @sarahtaber in a short video: https://youtube.com/shorts/S6uAM4DOjuQ?si=mJ8TQUSgbJnDSZ51 #Agricultural #Policy #TradeWar #Australia #China #austrailia

The EU reaches a deal on US trade pact as Trump threatens new tariffs by July.

EU lawmakers and member states reached a deal early on Wednesday to implement the bloc’s trade pact with the United States, ending months of wrangling over the accord as President Donald Trump threatened fresh tariffs unless it was approved by 4 July.

The compromise followed late-night negotiations between EU capitals and parliament negotiators.

https://mediafaro.org/article/20260520-the-eu-reaches-a-deal-on-us-trade-pact-as-trump-threatens-new-tariffs-by-july?mf_channel=mastodon&action=forward

#EU #Trade #TradeWar #Trump #Tariffs #Europe

The EU reaches a deal on US trade pact as Trump threatens new tariffs by July.

EU lawmakers and member states reached a deal early on Wednesday to implement the bloc’s trade pact with the United States, ending months of wrangling over the accord as President …

France24