this post was submitted on 15 May 2026
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[โ€“] Awoo@hexbear.net 15 points 2 days ago (1 children)

Idk about the people who went to China with Trump, but if they're bigwigs at investment banking firms, I'm sure there's a bunch of regulations and compliance stuff that he could help them get rid of, so it tracks that otherwise sensible people are now donning the red cap.

This was not a normal visit to China. The real ruling class wants something serious and they all showed up.

I think they can be classified as either hardware companies, banks, tech companies, government contractors, and agroindustry (that one's just Cargill, tho). Banks benefit from a looser regulatory landscape, hardware and tech companies suffer greatly from trade war and chip shortage created by Trump's and China's policies, and Cargill does too, only with a food and seed intellectual property angle.

It is scary snd concerning, don't get me wrong, but it seems to me all of them have an obvious reason to try to get something out of Trump or from a China-friendly Trump. Maybe it's a failure of my imagination, but I don't see why brezls would be in that same club.