Trade War
Newsletter 310 - June 28, 2026
Welcome to the 310th edition of Trade War.
Global trade tensions still high after Trump-Xi summit. Chinese Vice Premier warns against growing protectionism. And Beijing slaps restrictions on scores of US companies.
Alibaba sues DOD over inclusion on sanctions list. Chinese legislators mull new law to punish international companies that obey overseas sanctions. And state media accuses EU of lacking “sincerity” in run-up to trade talks.
Industrial profits numbers show clear winners and losers in economy. Chinese EV exports reach all-time high in May. And Morgan Stanley doubles estimate of humanoid robots shipments for 2026.
Notable/In depth ~
Urban employment never recovered from pandemic, hurting consumption
Trump’s restrictions on intl students shave $481 billion off US economy
China must share the AI dividend across society, says economist
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