My read on this is very different from how the reporting has framed it. These two countries have mutually exclusive versions of what’s happening right now, not some sort of grounds for agreement. www.bloomberg.com/news/article... - ThreadSky

peark.es • 23 days ago

My read on this is very different from how the reporting has framed it. These two countries have mutually exclusive versions of what’s happening right now, not some sort of grounds for agreement.
https://www.bloomberg.com/news/articles/2025-05-02/china-says-it-s-evaluating-possible-us-talks-on-trade

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Comments

wndlb.bsky.social•23 days ago

That can be read, if anything, as a rhetorical escalation, particularly towards the end.

peark.es•23 days ago

the statement wasn't escalatory, it repeated previously used language in its most colorful sections.

wndlb.bsky.social•23 days ago

Thanks; CCP is readable, but only to *close* observers (and I know I'm NOT).

peark.es•23 days ago

Meanwhile over in Japan they just casually mentioned they might weaponize UST holdings? The fact he’s even admitting it’s an option is a VERY bad sign about how hard Japan is going to negotiate.

peark.es•23 days ago

I just do not see a reason for either of these major items to be positive catalysts for US financial assets, other than markets thinking “oh yeah okay China & Japan are so tough Trump is getting rolled and he’ll just accept that”. Which…maybe!

cavandy.bsky.social•23 days ago

it’s the TACO trade (Trump Always Chickens Out)

*I didn’t coin this but I love it

peark.es•23 days ago

FWIW it's linked in their Terminal version and some other stories about this but yes, Laurens is right, go check out the primary source

emptyset09.bsky.social•23 days ago

Google translated

repetitiveuser.bsky.social•23 days ago

Came here for this. The EXTREMELY KEY PART of all that happy bullshit "reporting" is China saying "we'll talk if you get rid of your fucked up tariffs FIRST, dummies." People seem to not want to report that bit.

tonyfabuloso.bsky.social•23 days ago

They’re also not gonna initiate the talks – sounds like they’ll wait for US officials to come to them, concessions in hand.

chinmusiclcsw.bsky.social•23 days ago

I guess - since there’s 3 or 4 different characters for “coercion” - they added “blackmail” to help clear that up.

deus01.bsky.social•23 days ago

Seeing some of the people that come on financial TV there's probably a stupider reason why they think it's positive

oldak.bsky.social•23 days ago

I really do think this is it. Markets think Trump is a wimp so tough counterparties is good for American trade

mosheroperandi.bsky.social•23 days ago

But the market also likes when the counterparties are coming to the table. The market seems incapable of receiving any tariff news that it doesn't interpret as bullish.

oldjacket.bsky.social•23 days ago

It’s still good! It’s still good!

proptermalone.bsky.social•23 days ago

the status quo is that we’re steering into an iceberg in two months so that kind of tracks?

cavandy.bsky.social•23 days ago

market believes he will cave bc he always caves?

mosheroperandi.bsky.social•23 days ago

Yeah, but some of this news is like "iceberg reveals 90% of its volume hidden beneath surface, squares shoulders. Captain orders speed increase to maximum, shoots first mate for touching helm"

amnirusli.bsky.social•23 days ago

Gaiatsu (外圧) means "foreign pressure" in Japanese, describing influence from foreign nations, like the U.S., on Japan's policies. Funny that this time, it's possibly reversed.

waltnyc.bsky.social•23 days ago

Current administration is much more likely to back down than China. Less sure about Japan.

And when mid-terms get closer, US is fundamentally weaker.

Therefore, counter-parties should just run the clock.

yussefr.bsky.social•23 days ago

yeah I think this is a good summary of the consensus view now, a feeling that Trump is preparing to completely cave & do so in a fairly humiliating way

chunkylumplump.bsky.social•23 days ago

wasbappin.bsky.social•22 days ago

Trump is just stringing the business guys along because once the tariffpocalpypse hits, they'll be at his mercy, but not before.

vanfirth.bsky.social•23 days ago

So in summary, no one is talking. But there are some statements by both sides saying "we're not the obstacle here, it's the other side"

laurenshof.online•23 days ago

for anyone else who also wanted to read the statement by china for themselves

https://www.mofcom.gov.cn/syxwfb/art/2025/art_1355f18efa644f1c8a9afcb1ec83fc84.html

pretty easy to understand why bloomberg doesnt link to it, because reading the statement makes it very clear how full of hopium the bloomberg reporting is lol

wndlb.bsky.social•23 days ago

So we are one aggravating allusion from China, and then one Truth Social Truth from Mount Donald in his volcano mode, from the whole thing blowing up.

maxmax.bsky.social•23 days ago

On its face, I’m not seeing any reason for optimism.

maxmax.bsky.social•23 days ago

repetitiveuser.bsky.social•23 days ago

YES. It's "get rid of tariffs FIRST, assholes."

fleurdelinguist.bsky.social•23 days ago

Every time a WH spokesperson floats the rosy claim that “China is interested in a deal” the gullible stock buyers bump the markets until details are demanded which are answered with vague hopes.

furore.bsky.social•23 days ago

...but the market remains up.

fleurdelinguist.bsky.social•23 days ago

I meant the US markets

furore.bsky.social•23 days ago

Yes, DJ is less prone to this but lately s&p rallies on "false" or uncertain hopes and doesn't really go back when those aren't substantiated.

paulriz504.bsky.social•23 days ago

Can you tell the markets because they are being gaslighted pretty hard right now?

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