make sense of any of this. So you tell me, what have they done thus far and how do we pull signal from the noise here? Yeah, the Chinese response as far as their retaliatory tariffs of 125% on U.S. goods, excluding U.S. semiconductor imports because they of course want any and all semiconductors they can get from us are not particularly meaningful. You cannot be the world's sort of biggest exporter and have incredibly weak consumption and then expect your retaliatory tariffs to carry much meaning. That said, there are of course companies that sell into China that would prefer not to have those tariffs. So my comment applies to the larger sort of trade balance and where things stand at a macro level. But certainly again, it doesn't apply to every and all companies selling inside of China. But that said, the other thing they've done of course is try to institute export controls or further export controls on rare earth or so-called rare earth minerals. Again, there we are yet to see in (25/45)
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