Who Holds the High Cards in Sino-American Supply Chain Poker?

News Snapshot:

Apparently, U.S. President Donald Trump and his chief economic negotiator, Treasury Secretary Scott Bessent, like to play poker. “You don’t have the cards,” Trump told Ukrainian President Volodymyr Zelensky during their meeting at the White House in February, trying to make him understand that Ukraine could not win in negotiations with Russia what it had lost on the battlefield. “They’re playing with a pair of twos,” Bessent told the press before his first face-to-face negotiations with his Chinese counterpart Vice Premier He Lifeng—attempting to unsettle his opponent. At the end of October, Trump and Bessent will meet with Chinese President...