The Daily Populous

Friday February 11st, 2022 morning edition

image for China bought none of the $200 billion it promised from the U.S. under ‘Phase 1’ trade deal, study reveals

But a new study finds China didn’t even spend an additional dime on U.S. products.

Capitol Report (June 2020): Trump asked China’s Xi to buy U.S. farm products to help him win re-election, Bolton book says.

Also see (June 2020): Bolton book adds urgency to Trump bid to depict himself as a China hawk and to paint Biden as a Beijing apologist.

Chad Bown of the Peterson Institute for International Economics examined the so-called Phase 1 agreement inked during the administration of former President Donald Trump.

China agreed to buy at least $227.9 billion of U.S. exports in 2020 and $274.5 billion in 2021, for a total of $502.4 billion over the pact’s two years, he noted.

In reality: U.S. exports of covered goods and services to China over the two years totaled $288.8 billion.

The trade war that preceded the trade pact, finalized in January 2020, meant that U.S. goods exporters started in a hole, Bown said. »

U.S. truckers planning protest convoy, perhaps starting in L.A. for Super Bowl, DHS warns

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Ahead of the Super Bowl, DHS is surging additional staff to its Incident Command Post in Los Angeles, nearby SoFi Stadium.

Already, more than 500 DHS personnel are providing air and maritime security resources, part of standard operating procedure ahead of Sunday.

The bulletin warns that the convoy "could severely disrupt transportation, federal government, and law enforcement operations through gridlock and potential counterprotests.". »

Lord of the Rings and The Hobbit gaming rights up for sale

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Lord of the Rings and The Hobbit gaming rights up for sale Auction could give publishers the opportunity to snap up some precious Tolkien IP.

The gaming rights for several J.R.R Tolkien works, including The Lord of The Rings and The Hobbit, are about to come up for auction.

Warner already holds certain rights due to its ownership of New Line Cinema, which produced Peter Jackson's The Lord of the Rings film trilogy. »

Senate candidate who smoked blunt in ad burns Confederate flag in latest spot

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Gary Chambers, a U.S. Senate candidate in Louisiana who went viral last month for smoking a blunt in a campaign ad, burned a Confederate flag while decrying restrictive voting laws in his latest video released on Wednesday.

As the flag burns, the Louisiana Democrat argues that inequality lingers and "remnants of the Confederacy remain" in the South.

The candidate mentions gerrymandered districts and restrictive voting laws as "byproducts" of the Confederacy. »