Show Notes:
On today’s show Andrew and Bill take stock of the trade war one month after “Liberation Day.” Topics include: Domestic messaging on “struggle” and external promises to never kneel down, the risks facing the PRC as US tariffs threaten to compound overcapacity controversies and invite heightened scrutiny around the world, Week 3 of speculation on whether the US and China are negotiating on trade, and why talk of a resolution and return to the March status quo seems increasingly unrealistic. At the end: The April Politburo meeting reflects both caution and confidence, a study session on AI spells bad news for Nvidia, thoughts on Apple’s story in China as the company tries to relocate US iPhone assembly to India, and Netflix gets the last laugh 15 years after being rebuffed by PRC censors.
