Kennedy
Business
36%
Economics
21%
Reposted by Kennedy
"Gao Xiaoyu, the founder of an industrial land consulting firm in Jakarta, has been inundated with calls from Chinese companies eager to expand or set up operations in Indonesia as they try to shield themselves from the United States' hefty import tariffs"
Chinese investors eyeing Indonesia to avoid US tariffs, tap local market reut.rs/3JzaCoQ
Chinese investors eyeing Indonesia to avoid US tariffs, tap local market
Gao Xiaoyu, the founder of an industrial land consulting firm in Jakarta, has been inundated with calls from Chinese companies eager to expand or set up operations in Indonesia as they try to shield themselves from the United States' hefty import tariffs.
reut.rs
August 14, 2025 at 1:38 AM
"Gao Xiaoyu, the founder of an industrial land consulting firm in Jakarta, has been inundated with calls from Chinese companies eager to expand or set up operations in Indonesia as they try to shield themselves from the United States' hefty import tariffs"
Police have set up a checkpoint and appear to be stopping every single car on 14th st NW, between W+V, here in northwest DC. Some cars are being pulled over after being stopped.
Some police are wearing “HSI police” vests (Homeland Security Investigations)
Some police are wearing “HSI police” vests (Homeland Security Investigations)
August 14, 2025 at 1:13 AM
Police have set up a checkpoint and appear to be stopping every single car on 14th st NW, between W+V, here in northwest DC. Some cars are being pulled over after being stopped.
Some police are wearing “HSI police” vests (Homeland Security Investigations)
Some police are wearing “HSI police” vests (Homeland Security Investigations)
It's even longer if one goes back to the original Trump II tariffs on China - announced 193 days ago.
www.whitehouse.gov/fact-sheets/...
www.whitehouse.gov/fact-sheets/...
Fact Sheet: President Donald J. Trump Imposes Tariffs on Imports from Canada, Mexico and China
ADDRESSING AN EMERGENCY SITUATION: The extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl, constitutes a national emergency
www.whitehouse.gov
August 13, 2025 at 1:55 PM
It's even longer if one goes back to the original Trump II tariffs on China - announced 193 days ago.
www.whitehouse.gov/fact-sheets/...
www.whitehouse.gov/fact-sheets/...
133 days in, the US is adding another 90 days to the clock on China negotiations.
www.ft.com/content/8212...
www.ft.com/content/8212...
Donald Trump extends trade war truce with China
US leader postpones new tariffs on world’s biggest exporter for another 90 days
www.ft.com
August 13, 2025 at 1:51 PM
133 days in, the US is adding another 90 days to the clock on China negotiations.
www.ft.com/content/8212...
www.ft.com/content/8212...
In 1971, Nixon imposed a 10 percent tariff for 127 days, ending once countries agreed to a favorable currency arrangement.
Trump passed that mark last Thursday, August 6, which marked 127 days since "Liberation Day."
And still no global reset in sight.
www.presidency.ucsb.edu/documents/pr...
Trump passed that mark last Thursday, August 6, which marked 127 days since "Liberation Day."
And still no global reset in sight.
www.presidency.ucsb.edu/documents/pr...
Proclamation 4098—Termination of Additional Duty for Balance of Payments Purposes | The American Presidency Project
www.presidency.ucsb.edu
August 13, 2025 at 1:51 PM
In 1971, Nixon imposed a 10 percent tariff for 127 days, ending once countries agreed to a favorable currency arrangement.
Trump passed that mark last Thursday, August 6, which marked 127 days since "Liberation Day."
And still no global reset in sight.
www.presidency.ucsb.edu/documents/pr...
Trump passed that mark last Thursday, August 6, which marked 127 days since "Liberation Day."
And still no global reset in sight.
www.presidency.ucsb.edu/documents/pr...
"The rate at which endoscopists detected precancerous growths in the colon without help from AI fell from 28.4 per cent to 22.4 per cent after their hospitals introduced AI assistance,"
www.ft.com/content/74b8...
www.ft.com/content/74b8...
Routine AI assistance hits skills of health experts performing colonoscopies
Study comes amid rapid adoption of the fast-developing technology
www.ft.com
August 13, 2025 at 1:31 PM
"The rate at which endoscopists detected precancerous growths in the colon without help from AI fell from 28.4 per cent to 22.4 per cent after their hospitals introduced AI assistance,"
www.ft.com/content/74b8...
www.ft.com/content/74b8...
No one is asking for this
www.ft.com/content/0448...
www.ft.com/content/0448...
Sam Altman challenges Elon Musk with plans for Neuralink rival
OpenAI in talks to invest in brain implant start-up that would compete with Musk’s company
www.ft.com
August 13, 2025 at 1:18 PM
No one is asking for this
www.ft.com/content/0448...
www.ft.com/content/0448...
Greer: Trump would not let “the EU or South Korea or any other jurisdiction set the rules for digital trade.”
Earlier: “Obviously, every country has a right and, frankly, responsibility to regulate. (bur you) can’t discriminate. The WTO prohibits it”.
subscriber.politicopro.com/newsletter/2...
Earlier: “Obviously, every country has a right and, frankly, responsibility to regulate. (bur you) can’t discriminate. The WTO prohibits it”.
subscriber.politicopro.com/newsletter/2...
subscriber.politicopro.com
August 13, 2025 at 1:12 PM
Greer: Trump would not let “the EU or South Korea or any other jurisdiction set the rules for digital trade.”
Earlier: “Obviously, every country has a right and, frankly, responsibility to regulate. (bur you) can’t discriminate. The WTO prohibits it”.
subscriber.politicopro.com/newsletter/2...
Earlier: “Obviously, every country has a right and, frankly, responsibility to regulate. (bur you) can’t discriminate. The WTO prohibits it”.
subscriber.politicopro.com/newsletter/2...
Pinto: "Chief Smith is still in charge of MPD & MPD still reports to Mayor Bowser. The language of the EO authorizes the federal government to “request services” from MPD for a period of 30 days. MPD is still required to follow its own protocols, our District laws, and the Constitution."
My number one priority is the safety of District residents and visitors. It's why I've worked every day as Chair of the Committee on Judiciary and Public Safety alongside the Mayor, the AG, MPD, and my Council colleagues, to drive down violent crime to the lowest it's been in 30 years.
August 12, 2025 at 9:55 PM
Pinto: "Chief Smith is still in charge of MPD & MPD still reports to Mayor Bowser. The language of the EO authorizes the federal government to “request services” from MPD for a period of 30 days. MPD is still required to follow its own protocols, our District laws, and the Constitution."
Reposted by Scott L. Greer, Robert Wolfe
Maria Pagan on Greer's latest oped: "To blame other countries for policies that the United States and its private sector actively supported for many decades is not the place to start."
www.hinrichfoundation.com/research/art...
www.hinrichfoundation.com/research/art...
Reflections on the angels on Jamieson Greer's pin | Article | Hinrich Foundation
Prior to Liberation Day 2.0, USTR Jamieson Greer laid out a defense of US global trade policy. Maria Pagan, former deputy USTR, offers some reflections on Greer’s assertions.
www.hinrichfoundation.com
August 12, 2025 at 6:22 PM
Maria Pagan on Greer's latest oped: "To blame other countries for policies that the United States and its private sector actively supported for many decades is not the place to start."
www.hinrichfoundation.com/research/art...
www.hinrichfoundation.com/research/art...
Reposted by Kennedy, Rebecca Tushnet, Mark Rice
BLS nominee EJ Antoni: "Until it is corrected, the BLS should suspend issuing the monthly job reports but keep publishing the more accurate, though less timely, quarterly data" www.foxbusiness.com/politics/tru...
Trump’s pick to lead labor stats agency could pause monthly jobs report over accuracy concerns
Heritage Foundation economist E.J. Antoni, tapped to lead Bureau of Labor Statistics, calls monthly jobs data unreliable after recent job downward revision.
www.foxbusiness.com
August 12, 2025 at 3:40 PM
BLS nominee EJ Antoni: "Until it is corrected, the BLS should suspend issuing the monthly job reports but keep publishing the more accurate, though less timely, quarterly data" www.foxbusiness.com/politics/tru...
“Export controls are a frontline defense in protecting our national security, & we should not set a precedent that incentivizes the Government to grant licenses to sell China technology that will enhance its AI capabilities,” Chair Moolenaar (R-Mich.) said.
subscriber.politicopro.com/newsletter/2...
subscriber.politicopro.com/newsletter/2...
subscriber.politicopro.com
August 12, 2025 at 2:34 PM
“Export controls are a frontline defense in protecting our national security, & we should not set a precedent that incentivizes the Government to grant licenses to sell China technology that will enhance its AI capabilities,” Chair Moolenaar (R-Mich.) said.
subscriber.politicopro.com/newsletter/2...
subscriber.politicopro.com/newsletter/2...
"Unlike Mexico, whose exports to the US are crucial, exports to the US “represent less than two per cent of Brazilian GDP. That helps you understand why Lula’s instinct is to resist.”
Notable that Lula and Trump have never met or spoken.
www.ft.com/content/7f6b...
Notable that Lula and Trump have never met or spoken.
www.ft.com/content/7f6b...
The unprecedented feud between the US and Brazil
Two of the world’s largest countries are at odds over the fate of one man: Trump ally Jair Bolsonaro. Can the rift be mended?
www.ft.com
August 12, 2025 at 1:12 PM
"Unlike Mexico, whose exports to the US are crucial, exports to the US “represent less than two per cent of Brazilian GDP. That helps you understand why Lula’s instinct is to resist.”
Notable that Lula and Trump have never met or spoken.
www.ft.com/content/7f6b...
Notable that Lula and Trump have never met or spoken.
www.ft.com/content/7f6b...
Good news from my old Kentucky home.
Ford to spend $2bn overhauling Kentucky plant in push for cheaper EVs.
"Ford said the new EV platform would use 20 per cent fewer parts than a “typical” vehicle and would result in the assembly line being 15 per cent faster."
www.ft.com/content/8f40...
Ford to spend $2bn overhauling Kentucky plant in push for cheaper EVs.
"Ford said the new EV platform would use 20 per cent fewer parts than a “typical” vehicle and would result in the assembly line being 15 per cent faster."
www.ft.com/content/8f40...
Ford to spend $2bn overhauling Kentucky plant in push for cheaper EVs
New range will include a midsize, four-door electric pick-up priced from $30,000
www.ft.com
August 12, 2025 at 1:04 PM
Good news from my old Kentucky home.
Ford to spend $2bn overhauling Kentucky plant in push for cheaper EVs.
"Ford said the new EV platform would use 20 per cent fewer parts than a “typical” vehicle and would result in the assembly line being 15 per cent faster."
www.ft.com/content/8f40...
Ford to spend $2bn overhauling Kentucky plant in push for cheaper EVs.
"Ford said the new EV platform would use 20 per cent fewer parts than a “typical” vehicle and would result in the assembly line being 15 per cent faster."
www.ft.com/content/8f40...
Reposted by Kennedy
First off, if you’re getting means-tested benefits while working a full time job, it’s probably because you have children that raise your eligibility threshold. So this is basically a big “don’t hire parents” incentive for companies.
August 12, 2025 at 3:46 AM
First off, if you’re getting means-tested benefits while working a full time job, it’s probably because you have children that raise your eligibility threshold. So this is basically a big “don’t hire parents” incentive for companies.
Can the FBI help get my cat out of a tree
"it can be challenging for F.B.I. agents to make meaningful contributions to such assignments, given that the bureau’s agents are investigators not trained in patrol-focused policing."
www.nytimes.com/2025/08/10/u...
"it can be challenging for F.B.I. agents to make meaningful contributions to such assignments, given that the bureau’s agents are investigators not trained in patrol-focused policing."
www.nytimes.com/2025/08/10/u...
Trump Administration to Put F.B.I. Agents on Night Patrol in Washington
www.nytimes.com
August 11, 2025 at 9:12 PM
Can the FBI help get my cat out of a tree
"it can be challenging for F.B.I. agents to make meaningful contributions to such assignments, given that the bureau’s agents are investigators not trained in patrol-focused policing."
www.nytimes.com/2025/08/10/u...
"it can be challenging for F.B.I. agents to make meaningful contributions to such assignments, given that the bureau’s agents are investigators not trained in patrol-focused policing."
www.nytimes.com/2025/08/10/u...
As for the constitutional issue, don't call it a tax or duty. Set up a special purpose vehicle not at Treasury. Call it "profit sharing." Bonus if it's disconnected from the volume of items exported.
Specifics around instrument choice will matter here.
constitution.congress.gov/browse/essay...
Specifics around instrument choice will matter here.
constitution.congress.gov/browse/essay...
constitution.congress.gov
August 11, 2025 at 7:45 PM
As for the constitutional issue, don't call it a tax or duty. Set up a special purpose vehicle not at Treasury. Call it "profit sharing." Bonus if it's disconnected from the volume of items exported.
Specifics around instrument choice will matter here.
constitution.congress.gov/browse/essay...
Specifics around instrument choice will matter here.
constitution.congress.gov/browse/essay...
If the admin disaggregates the export control from the share ownership, feels like he could dodge it.
August 11, 2025 at 7:45 PM
If the admin disaggregates the export control from the share ownership, feels like he could dodge it.
Export Control Reform Act of 2018 says "No fee may be charged in connection with the submission, processing, or consideration of any application for a license or other authorization or other request made in connection with any regulation in effect under " ECRA.
uscode.house.gov/view.xhtml?p...
uscode.house.gov/view.xhtml?p...
uscode.house.gov
August 11, 2025 at 7:45 PM
Export Control Reform Act of 2018 says "No fee may be charged in connection with the submission, processing, or consideration of any application for a license or other authorization or other request made in connection with any regulation in effect under " ECRA.
uscode.house.gov/view.xhtml?p...
uscode.house.gov/view.xhtml?p...
I know that the IEEPA litigation has a lot of folks debating whether "regulate imports" (including through embargoes) could include tariffs.
But it seems like Trump could easily get around prohibitions on "fee" or export taxes by taking ownership of shares.
www.politico.com/news/2025/08...
But it seems like Trump could easily get around prohibitions on "fee" or export taxes by taking ownership of shares.
www.politico.com/news/2025/08...
August 11, 2025 at 7:45 PM
I know that the IEEPA litigation has a lot of folks debating whether "regulate imports" (including through embargoes) could include tariffs.
But it seems like Trump could easily get around prohibitions on "fee" or export taxes by taking ownership of shares.
www.politico.com/news/2025/08...
But it seems like Trump could easily get around prohibitions on "fee" or export taxes by taking ownership of shares.
www.politico.com/news/2025/08...
Reposted by Kennedy
My number one priority is the safety of District residents and visitors. It's why I've worked every day as Chair of the Committee on Judiciary and Public Safety alongside the Mayor, the AG, MPD, and my Council colleagues, to drive down violent crime to the lowest it's been in 30 years.
August 11, 2025 at 6:53 PM
My number one priority is the safety of District residents and visitors. It's why I've worked every day as Chair of the Committee on Judiciary and Public Safety alongside the Mayor, the AG, MPD, and my Council colleagues, to drive down violent crime to the lowest it's been in 30 years.
Reposted by Kennedy, Scott L. Greer, Robert Huber , and 1 more Kennedy, Scott L. Greer, Robert Huber, Judith N. Shklar
Yet more evidence that mainstream parties are crucial in stemming the success of the populist-right and the norm erosion that facilitates its rise - for better of worse.
NEW -
How Mainstream Politicians Erode Norms - cup.org/4lfeHvD
"we find that statements by mainstream politicians lead to more norm erosion than similar statements by radical-right politicians"
- @valentimvicente.bsky.social, Elias Dinas & @dziblatt.bsky.social
#OpenAccess
How Mainstream Politicians Erode Norms - cup.org/4lfeHvD
"we find that statements by mainstream politicians lead to more norm erosion than similar statements by radical-right politicians"
- @valentimvicente.bsky.social, Elias Dinas & @dziblatt.bsky.social
#OpenAccess
August 11, 2025 at 6:44 PM
Yet more evidence that mainstream parties are crucial in stemming the success of the populist-right and the norm erosion that facilitates its rise - for better of worse.
Reposted by Kennedy
Most relatable part of this piece - big egos and an academic complaining that their time is being wasted
August 11, 2025 at 4:29 PM
Most relatable part of this piece - big egos and an academic complaining that their time is being wasted
Reposted by Kennedy
Trump will federalize D.C. police, deploy the National Guard, & send the FBI after homeless people to combat a made-up crisis in D.C.
But on Jan. 6th when violent insurrectionists stormed the Capitol he couldn't be bothered to call the National Guard.
Make it make sense.
But on Jan. 6th when violent insurrectionists stormed the Capitol he couldn't be bothered to call the National Guard.
Make it make sense.
August 11, 2025 at 3:35 PM
Trump will federalize D.C. police, deploy the National Guard, & send the FBI after homeless people to combat a made-up crisis in D.C.
But on Jan. 6th when violent insurrectionists stormed the Capitol he couldn't be bothered to call the National Guard.
Make it make sense.
But on Jan. 6th when violent insurrectionists stormed the Capitol he couldn't be bothered to call the National Guard.
Make it make sense.
Whether this is legal will depend a lot on the specifics. A deal structured as an equity stake is unorthodox but probably legal. A straight impost on revenue or profit looks more like a prohibited export tax.
Export controls got around this because they weren't for sale.
bsky.app/profile/chan...
Export controls got around this because they weren't for sale.
bsky.app/profile/chan...
“No Tax or Duty shall be laid on Articles exported from any State.”
www.ft.com/content/cd1a...
www.ft.com/content/cd1a...
Nvidia and AMD to pay 15% of China chip sale revenues to US government
Chipmakers agree to unusual arrangement to secure export licences from Trump administration
www.ft.com
August 11, 2025 at 2:40 PM
Whether this is legal will depend a lot on the specifics. A deal structured as an equity stake is unorthodox but probably legal. A straight impost on revenue or profit looks more like a prohibited export tax.
Export controls got around this because they weren't for sale.
bsky.app/profile/chan...
Export controls got around this because they weren't for sale.
bsky.app/profile/chan...
OTOH, US national champions have a real problem if they can't sell to major consumers in China, but the US wants them do so in a way that protects its technological primacy. This may be a creative way to balance those goals. But industry isn't of one mind here.👇
www.nytimes.com/2025/08/10/t...
www.nytimes.com/2025/08/10/t...
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
www.nytimes.com
August 11, 2025 at 2:36 PM
OTOH, US national champions have a real problem if they can't sell to major consumers in China, but the US wants them do so in a way that protects its technological primacy. This may be a creative way to balance those goals. But industry isn't of one mind here.👇
www.nytimes.com/2025/08/10/t...
www.nytimes.com/2025/08/10/t...
Is this defensible?
OTOH, it takes export controls - which operate through a high fence, small yard logic to protect national security - and puts a price on it. The administration is taking something that should be sacrosanct, and making it something countries/companies can negotiate around.
OTOH, it takes export controls - which operate through a high fence, small yard logic to protect national security - and puts a price on it. The administration is taking something that should be sacrosanct, and making it something countries/companies can negotiate around.
August 11, 2025 at 2:36 PM
Is this defensible?
OTOH, it takes export controls - which operate through a high fence, small yard logic to protect national security - and puts a price on it. The administration is taking something that should be sacrosanct, and making it something countries/companies can negotiate around.
OTOH, it takes export controls - which operate through a high fence, small yard logic to protect national security - and puts a price on it. The administration is taking something that should be sacrosanct, and making it something countries/companies can negotiate around.
US to get 15% profit sharing from China sales
Just the latest way that Trump is scrambling our political economy - taking an idea advocated by the left (profit sharing), and applying it a totally bizarre fashion that mixes rent-seeking, industrial policy, and geopolitics.
www.ft.com/content/cd1a...
Just the latest way that Trump is scrambling our political economy - taking an idea advocated by the left (profit sharing), and applying it a totally bizarre fashion that mixes rent-seeking, industrial policy, and geopolitics.
www.ft.com/content/cd1a...
Nvidia and AMD to pay 15% of China chip sale revenues to US government
Chipmakers agree to unusual arrangement to secure export licences from Trump administration
www.ft.com
August 11, 2025 at 2:30 PM
US to get 15% profit sharing from China sales
Just the latest way that Trump is scrambling our political economy - taking an idea advocated by the left (profit sharing), and applying it a totally bizarre fashion that mixes rent-seeking, industrial policy, and geopolitics.
www.ft.com/content/cd1a...
Just the latest way that Trump is scrambling our political economy - taking an idea advocated by the left (profit sharing), and applying it a totally bizarre fashion that mixes rent-seeking, industrial policy, and geopolitics.
www.ft.com/content/cd1a...
Reposted by Kennedy
“No Tax or Duty shall be laid on Articles exported from any State.”
www.ft.com/content/cd1a...
www.ft.com/content/cd1a...
Nvidia and AMD to pay 15% of China chip sale revenues to US government
Chipmakers agree to unusual arrangement to secure export licences from Trump administration
www.ft.com
August 11, 2025 at 2:21 PM
“No Tax or Duty shall be laid on Articles exported from any State.”
www.ft.com/content/cd1a...
www.ft.com/content/cd1a...
K Street discovers IR realism.
"None of this stuff is enforceable; there is no higher authority you can appeal to,” says Ted Murphy, a trade lawyer at US law firm Sidley Austin. “What happens when President Trump stops abiding by your trade deal?”
www.ft.com/content/791b...
"None of this stuff is enforceable; there is no higher authority you can appeal to,” says Ted Murphy, a trade lawyer at US law firm Sidley Austin. “What happens when President Trump stops abiding by your trade deal?”
www.ft.com/content/791b...
How Trump has turned tariffs into diplomatic shakedowns
The US president is increasingly tying trade policy to geopolitics, using economic might to bend countries to his will
www.ft.com
August 11, 2025 at 1:16 PM
K Street discovers IR realism.
"None of this stuff is enforceable; there is no higher authority you can appeal to,” says Ted Murphy, a trade lawyer at US law firm Sidley Austin. “What happens when President Trump stops abiding by your trade deal?”
www.ft.com/content/791b...
"None of this stuff is enforceable; there is no higher authority you can appeal to,” says Ted Murphy, a trade lawyer at US law firm Sidley Austin. “What happens when President Trump stops abiding by your trade deal?”
www.ft.com/content/791b...