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BYD outselling Tesla in Europe is an inflection point for the entire industry. Also Chinese EV sales in Europe are up 56% from a year ago despite new EU tariffs. EV sales from non-Chinese carmakers are up only 26%.

Big picture thought: Trump likely has put Europe in a position where the Commission (and the key member states) will conclude that they have to escalate to deescalate -- 1/

Guys, this is not funny. Guided missile destroyers only do this when they’re in extreme distress.

One thing I wish Americans understood about “clean tech”: It’s not just about climate. It’s about tech that feeds into future industries. EVs -> autonomous vehicles Solar, wind, geothermal -> data centers Batteries -> drones, robotics, defense

USS Harry S. Truman Transits Strait of Gibraltar, Sailing West - USNI News news.usni.org/2025/05/23/uss…

"The most transparent DoD in U.S. history," as Secretary of Defense Pete Hegseth Pete Hegseth and his team calls itself, cracks down on media access again. I've been on this beat 17 years through numerous administrations. Never seen anything like this. One briefing all year. None again this week.

Hey Sean Parnell do you agree with the first statement here?

Last weekend I visited the Bank of Korea museum. It was packed, and there were interactive exhibits for kids teaching about fx rates and trade balance (and a ton of kids were there using them). Apparently we really need to do that too.

Luckily factories for smartphones are cheap and very fast to build, with simple, easily shifted supply chains.

“Three people familiar with the dismissals said Ivan Kanapathy, [NSC] senior director for Asia, remained but his entire team, including his China staff, had been let go” ft.com/content/3a21c0…

And then all at once. I don’t think this is surprising at all - they’re building better cars that cost far less. Add in the absolutely radioactive personality at the head of Tesla who has done nothing for Europe aside from boost far right parties? Easy.

Join the launch event of the Asia-Pacific Regional Security Assessment to learn more about the major regional-security policies, trends and challenges relevant to the proceedings of the IISS Shangri-La Dialogue, Asia’s premier defence summit. 📆 Friday 30 May 2025 ⏰ 07:45

To be super clear - if “manufacturers flee to American soil” we’re going to get absolutely blistering inflation before Trump even leaves office. The math does not work unless you are very ready to pay a lot more for everything you use.

"For a president who has fashioned himself as a shrewd steward of the economy, the decision to escalate his global trade war on Friday appeared curious and costly." 🤣nytimes.com/2025/05/24/us/…

THREAD: US-China trade soars as firms front-load sales to meet 90-day tariff truce. Chinese factory output beats expectations but consumption underperforms. And Beijing responds angrily to Washington’s warning on Huawei AI chip, testing fragile relations. open.substack.com/pub/dexter/p/t…

A new image showing the island structure under construction of the carrier mockup at Wuhan! In fact the more I see, the more I am confused …🤔

Congo eyes US minerals deal by end of June, FT reports reut.rs/4k7JKK5 reut.rs/4k7JKK5

A commencement speech for the ages, one that will warm the troops’ hearts when they think back on this day throughout their years of service to the nation. 🇺🇸

🇺🇸 🤝 🇸🇬

🇨🇳🇮🇩 Indonesian President Prabowo Subianto held a welcome ceremony for Chinese Premier Li Qiang at the Merdeka Palace.