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   DealBook: (More) chips on the table
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             <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline" title="DealBook">
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             December 9, 2025
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         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Good morning. Andrew here.
         </span>
         <span>
          President Trump is now allowing Nvidia to sell its H200 chips to China — and U.S. taxpayers could take a 25 percent cut of every sale. By connecting the issue of national security to tax revenue, the administration has created an obvious question: Is national security for sale? It is also possible that China will prevent or slow the sale of such chips to favor its own semiconductor manufacturers, so we’ll see how this plays out.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Also: We take a look at the latest twist in the battle to buy Warner Bros. Discovery and at a new $12 billion rescue package for U.S. farmers. (Was this newsletter forwarded to you?
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         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Sign up here.
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          )
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            <img alt="Jensen Huang, C.E.O. of Nvidia, is seen speaking at a lectern emblazoned with the presidential seal, as President Trump looks on." class="css-3vswge" height="400" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2025%252F12%252F09%252Fmultimedia%252F09db-huang-hbft%252F09db-huang-hbft-jumbo.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSIsInRpbWUiOjE3NjUyODU0NDEuNzA1MzEzMn0:1vSxNp:fTthxapZYvX9VWWvqIWQGfLZKvZ8XA_ibZxK7-q6Seo" style="width:100%;height:auto;display:block;padding-top:10px;padding-bottom:8px" width="600"/>
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            <span style="color:#666;font:normal 14px georgia,serif">
             Lobbying efforts by Jensen Huang, C.E.O. of Nvidia, appear to have paid off in a big way.
            </span>
            <span style="margin:0;font:11px/11px georgia,serif;color:#888;letter-spacing:.01em">
             Pete Marovich for The New York Times
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        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          Nvidia’s lobbying pays off
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Shares in Nvidia are climbing in premarket trading this morning after President Trump allowed the company to resume
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          selling some powerful artificial intelligence chips to China
         </a>
         <span>
          — with the federal government slated to take a cut.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          It’s a huge win for Jensen Huang, Nvidia’s C.E.O., who
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          lobbied
         </a>
         <span>
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          hard
         </a>
         <span>
          for the move. But Trump’s shift also raises big questions about Washington’s approach to the A.I. race with Beijing — and new reporting suggests that China doesn’t necessarily want this.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Semiconductors continue to loom large in the U.S.-China trade clash
         </span>
         <span>
          , given widespread fears in Washington about giving Chinese companies access to top American tech.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Trump sought to play down national security concerns, saying that only approved customers would get the chips, which are older generation H200s. (Left unsaid: Chip smuggling is
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          a continuing problem
         </a>
         <span>
          .)
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          The Commerce Department is still finalizing the details, Trump added, and similar arrangements could be extended to rival U.S. chipmakers like AMD and Intel.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Lawmakers in both parties were skeptical.
         </span>
         <span>
          “Nvidia should be under no illusions — China will rip off its technology, mass-produce it themselves and seek to end Nvidia as a competitor,”
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Representative John Moolenaar
         </a>
         <span>
          , the Michigan Republican who leads the House Select Committee on China, told Reuters.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Democrats on the Senate Foreign Relations Committee also criticized the move, saying that “gifting” the chips “to Beijing
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          would squander America’s primary advantage
         </a>
         <span>
          in the A.I. race.”
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          All of this assumes that Chinese companies
         </span>
         <span style="font-style:italic;font-weight:700;font-family:arial,sans-serif;color:#000">
          want
         </span>
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          these chips.
         </span>
         <span>
          Nvidia’s H200 is a step down from the Blackwells that American A.I. giants are clamoring for. (The even more advanced Rubins are expected to go on sale next year.)
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Beijing has pressed Chinese tech companies to
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          wean themselves off American technology
         </a>
         <span>
          and instead use homegrown counterparts. That push has helped drive up shares in
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Moore Threads
         </a>
         <span>
          , a newly public Chinese chipmaker. That said, H200s are
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          much more powerful
         </a>
         <span>
          than the H20 chips that Nvidia can sell in China, let alone Chinese-made rival products. (Some Chinese companies are reportedly even
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          training their A.I. models abroad
         </a>
         <span>
          to gain access to Nvidia chips unavailable at home.)
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          In his announcement on social media, Trump wrote that China’s top leader, Xi Jinping, “
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          responded positively!
         </a>
         <span>
          ” to the chips policy update. For now, however, Beijing is set to
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          limit Chinese companies’ access
         </a>
         <span>
          to H200s, according to The Financial Times.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          How much will the U.S. benefit from the arrangement?
         </span>
         <span>
          Trump wrote that the federal government would take a 25 percent cut of the H200 sales.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          The condition may have been floated to win over skeptical lawmakers. But some experts question the legality, The Times reports.
         </span>
        </p>
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           <h3 style="color:#000;font:700 17px/25px arial,sans-serif;margin:5px 0 30px 0;letter-spacing:.2px">
            <span>
             HERE’S WHAT’S HAPPENING
            </span>
           </h3>
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        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The Supreme Court appears poised to expand executive power.
         </span>
         <span>
          The court heard arguments yesterday in a case over whether President Trump can
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          fire a member of the F.T.C.
         </a>
         <span>
          The conservative majority seemed open to the administration’s
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          desire to overturn
         </a>
         <span>
          a decades-old decision —
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Humphrey’s Executor
         </a>
         <span>
          — that protected independent agency leaders from being dismissed at will. That said, Brett Kavanaugh, a conservative justice, expressed concerns about giving the president the power to fire members of the Fed, setting up a showdown next month in a related case involving Trump’s attempt to fire Lisa Cook, a central bank governor.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Disney extends Jimmy Kimmel’s contract.
         </span>
         <span>
          Months after the late-night host was temporarily suspended over his comments about the killing of the conservative activist Charlie Kirk, Disney has
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          renewed “Jimmy Kimmel Live!” for another year
         </a>
         <span>
          . But the terms are notable (some of Kimmel’s past contract extensions were for three years), with the shorter duration possibly reflecting the difficult economics around late-night television and the continued clashes between President Trump and Kimmel.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          PepsiCo makes operational cuts to appease an activist investor.
         </span>
         <span>
          The food giant
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          struck an agreement
         </a>
         <span>
          with Elliott Investment Management in which it committed to cut prices and simplify its product line as it tries to reinvigorate growth. (PepsiCo may also be
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          paving the way for layoffs
         </a>
         <span>
          .) The agreement comes after Elliott unveiled a roughly $4 billion stake in the company in September.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The E.U. investigates Google over artificial intelligence.
         </span>
         <span>
          The European Commission today opened an inquiry into whether the tech giant had broken E.U. rules by
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          using web content
         </a>
         <span>
          to develop its A.I. models without paying publishers appropriately. It is also investigating whether Google had breached bloc competition rules by
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          imposing unfair terms
         </a>
         <span>
          on publishers and content creators. The E.U.’s tough regulatory stance has been a key point of friction with the Trump administration.
         </span>
        </p>
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        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          Paramount and presidential diplomacy
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          A Hollywood takeover war for the ages is officially on, as Paramount takes its $78 billion takeover bid for Warner Bros. Discovery
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          directly to its target’s shareholders
         </a>
         <span>
          .
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Paramount’s argument isn’t just that it is offering
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          more money than Netflix
         </a>
         <span>
          . It’s also arguing that it has more pull with President Trump — influence exerted by direct connections with the decider in chief.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Trump has said the quiet part out loud,
         </span>
         <span>
          declaring that
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          he would “be involved”
         </a>
         <span>
          in deciding the fate of the Netflix deal. It’s another example of him
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          breaking Washington norms
         </a>
         <span>
          , in which regulatory decisions are typically done at arm’s length from the Oval Office.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Remember that when AT&amp;T was seeking to buy Time Warner during the first Trump administration, the Justice Department argued that its effort to block the deal was “
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          based on the facts and the law
         </a>
         <span>
          ” — and not because the president disliked CNN.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Paramount laid out plenty of Trump influence cards yesterday.
         </span>
         <span>
          In its camp are:
         </span>
        </p>
        <div style="margin:0 auto;max-width:600px;width:100%">
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          <tbody>
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             <ul class="css-1dtd48z" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                Larry Ellison, the tech billionaire who is father of David Ellison, Paramount’s C.E.O., and a Trump ally
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                Additional capital from Saudi Arabia, Abu Dhabi and Qatar, whose governments have forged close ties to the president
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                And funding from Affinity Partners, the investment firm
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                founded by Jared Kushner
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                , Trump’s son-in-law
               </span>
              </li>
             </ul>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          “We have faster regulatory certainty to close,” David Ellison declared on CNBC yesterday.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Both Paramount and Netflix sought to appeal directly to Trump:
         </span>
        </p>
        <div style="margin:0 auto;max-width:600px;width:100%">
         <table>
          <tbody>
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              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                In the run-up to Netflix’s deal to buy Warner Bros. Discovery, Ted Sarandos, the streaming giant’s co-C.E.O., met with the president at the White House and walked away convinced that the Trump administration wouldn’t immediately seek to block such a move.
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                Larry Ellison called Trump
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                after the Netflix deal was announced and argued that the transaction would hurt competition, according to The Wall Street Journal. And David Ellison told administration officials that he would overhaul CNN, still a target of Trump’s ire, The Journal added.
               </span>
              </li>
             </ul>
            </td>
           </tr>
          </tbody>
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        </div>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          There are benefits and drawbacks to having Trump decide.
         </span>
         <span>
          It’s clearly easier to lobby one person, whose political and personal likes are well known. But it’s also easy to run afoul of him: Trump fumed yesterday about “60 Minutes” and blamed the owners of the show’s network, CBS — meaning Paramount and the Ellisons. “
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          THEY ARE NO BETTER
         </a>
         <span>
          THAN THE OLD OWNERSHIP,” he wrote on social media.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Now Paramount and Netflix must race to win over Trump, who often likes people competing for his blessing. “None of them are particularly great friends of mine,” he told reporters about both companies at the White House yesterday.
         </span>
        </p>
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            <img alt="President Trump is seen speaking at a large round table with several onlookers, including one person in a large cowboy hat. " class="css-xsf469" height="333" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2025%252F12%252F09%252Fmultimedia%252F09db-farm-wkmg%252F09db-farm-wkmg-jumbo.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSIsInRpbWUiOjE3NjUyODU0NDEuNzA2MTYxN30:1vSxNp:SSskWx5gZDcVNr7iqsASWUABb_uSi7qU_V0N3YDLT5k" style="display:inline-block;width:83%;max-width:500px;height:auto;padding-top:10px;padding-bottom:0;line-height:0" width="500"/>
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             <span class="css-1hnedf7" style="color:#666;font:normal 12px georgia,serif">
              President Trump has again sought to bring aid directly to farmers, some of whom have seen their businesses disrupted by White House trade policy.
             </span>
             <span style="margin:0;font:11px/11px georgia,serif;color:#888;letter-spacing:.01em;padding-left:5px">
              Alex Wong/Getty Images
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        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          Trump bails out farmers
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          The Trump administration announced a $12 billion rescue package for U.S. farmers yesterday, seeking to bandage a wound inflicted by its trade war with China and mollify key voters in red states heading into next year’s midterm elections.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          “We love our farmers,” President Trump said at a White House event to announce the payments. “And, as you know, the farmers like me.”
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          That second assertion has recently been tested.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Caught in the middle:
         </span>
         <span>
          After the U.S. imposed steep tariffs on its goods this year, China, the largest buyer of American soybeans, retaliated by halting purchases of U.S. farm products. The move has had a devastating impact on farmers,
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          The Times reports
         </a>
         <span>
          :
         </span>
        </p>
        <p class="css-14jlz04" style="font:17px/25px georgia,serif;margin:0 50px 15px;color:#666">
         <span>
          American farmers, a key voting bloc for Mr. Trump, have been warning of the
         </span>
         <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:underline;color:inherit">
          worst crisis since the 1980s
         </a>
         <span>
          as China turned to Brazil, Argentina and other markets for food products.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:20px 0 15px">
         <span>
          The one-time payment from Washington won’t make up for this year’s losses:
         </span>
        </p>
        <p class="css-14jlz04" style="font:17px/25px georgia,serif;margin:0 50px 15px;color:#666">
         <span>
          Shawn Arita, a senior research economist at North Dakota State University, estimates crop producers will lose between
         </span>
         <span style="font-style:italic">
         </span>
         <span>
          $35 billion and $43 billion on what they just harvested this fall, as the trade war with China is not their only problem. The cost of key supplies has been rising for years, and interest rates on their production loans remain high. The prices farmers are receiving on the world market for most crops are below what they spend to produce them.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:20px 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Déjà vu:
         </span>
         <span>
          Beginning in 2018, the first Trump administration paid out more than $20 billion in aid to U.S. farmers after China boycotted American products, including soybeans, in response to tariffs. When a trade deal was reached in 2020, Beijing committed to purchasing $200 billion of farm products through 2021. It never fully met that goal.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          China’s latest promise:
         </span>
         <span>
          In October, as part of the trade deal between Washington and Beijing, China agreed to buy 12 million metric tons of soybeans by the end of the season, and another 25 million metric tons in each of the next three years. At the DealBook Summit last week, Treasury Secretary Scott Bessent said China was “
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          in a perfect cadence to complete that goal
         </a>
         <span>
          ” by the end of February.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          So far, though, China has purchased just 2.7 million metric tons of soybeans, according to the Agriculture Department.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Oh, Deere:
         </span>
         <span>
          At Monday’s event, the president also called on equipment makers like John Deere to reduce their prices “because farming equipment has gotten too expensive.” Shares of Deere finished the day down 1.8 percent.
         </span>
        </p>
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           <h3 style="color:#000;font:700 17px/25px arial,sans-serif;margin:5px 0 30px 0;letter-spacing:.2px">
            <span>
             THE SPEED READ
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                and Fend Off Google” (WSJ)
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