This China Sanction Will Ground USAF’s F-35

When the trade war just started, Trump equated de-Sinicization with de-risking. However, the China’s latest sanction against US military companies will prove that after de-Sinicization, the only thing left for the US Air Force will be risk.

Moving forward, we may observe further changes in the reliability of F-35s delivered after October 2020. However, as long as the Pentagon doesn’t replace the ejection seats with American-made ones, at least U.S. pilots should still be able to survive.

This China Sanction Will Ground USAF’s F-35

Previously:

America’s war machine needs Chinese magnets. So we’re going to make our own, and nobody knows how

President AMLO’s Sixth & Final Informe

Friends:

Today I present to you and to the people and the nation my last government report and I do so more convinced than ever that the best of Mexico is its people, heirs of civilizations that flourished long before the arrival of the European invaders. Thanks to the roots of those pre-Hispanic cultures of that deep Mexico, the Mexicans of today are, in their vast majority, hard-working, supportive and honest. The legacy of good principles that were transmitted from generation to generation and that have not disappeared – despite oppression, classism and racism – is what distinguishes us and places us as a country of virtues and greatness.

President AMLO’s Sixth & Final Informe

Tell Congress to support the EPIPEN Act!

GoodRx

U.S. House of Representatives Maxwell Alejandro Frost (D-FL) and Doris Matsui (D-CA) have introduced the Epinephrine’s Pharma Inflated Price Ends Now (EPIPEN) Act (H.R.6965) to cap out-of-pocket cost for a two-pack epinephrine auto-injector devices at $60 for patients with employer-based or individually purchased health insurance. 

Tell Congress to support the EPIPEN Act!

They should cap the price for everyone but I suppose that would upset their Big Pharma overlords!

Related:

New EPIPEN Act would lower cost of medication for severe allergic reactions

Inflation and interest rates: the US experience

Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?

Inflation and interest rates: the US experience

Trump and Biden, Republicans and Democrats all agree: affordable Chinese cars should be banned

Trump and Biden, Republicans and Democrats all agree: affordable Chinese cars should be banned

Related:

Trump’s attacks on Chinese cars strike a chord — with both parties

“Ohio knows all too well how China illegally subsidizes its companies, putting our workers out of jobs and undermining entire industries from steel to solar manufacturing,” Brown said in a statement. “We can’t wait for China to run this same playbook in the auto industry — we need strong rules, including but not limited to tariffs, to stop a flood of Chinese electric vehicles that threaten Ohio auto jobs.”

He said the average price gap between a Chinese vehicle and its U.S.-made counterpart ranges from 44 percent to 179 percent. “That is a massive gap,” the executive said. “Tariffs alone aren’t going to take care of that.”

Reuters: Mexico yields to US pressure on incentives for Chinese car makers

He said that such incentives have declined during the government led by President Andrés Manuel López Obrador, who took office in late 2018, although they have been offered to large investors such as Audi.

Hypocrisy, Thy Name is the United States:

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