Greetings, fellow Conspirators!
Big thanks, to all of the good folks who joined the Conspiracy tonight as we broke apart the news, and to all the fine reporters whose work we got to share tonight! Join us, m-f 6 PM on Rumble or on X, and get the audio pod, about 90 minutes after each show, via Spotify or here at Substack! -
WAR
TRUMP IN CHINA
Trump’s remarkable doubletalk -
After the initial signal Xi sent to Trump in NOT appearing when Trump landed, the Chinese leader, evidently, was incredibly cordial and gracious. Yet, Trump kept pressing Xi (and, let’s recall that Iran’s FM Arragchi was there two weeks ago) to disconnect from the strong integration China and Iran have established, re Oil, BRICS, and tech projects, and to get China to agree to numerous trade deals. The latter was inevitable, but will be what Trump’s people promote, even as they try to get US media to overlook the fact that China and Iran are symbiotic and China will not do anything to undercut Iranian national and economic interests.
Trump’s demands/requests to China (and Xi) during the Beijing summit (based on White House releases I’ve read, pre-meeting statements Trump made public on X, and post-meeting reporting from RT, and Pepe Escobar):
“Open up” China to US businesses and executives: Trump stated this would be his very first request. He brought a delegation of top US tech and business leaders (including Elon Musk, Tim Cook, and Jensen Huang) and pushed for greater market access, investment opportunities, and the ability for American firms to “work their magic” in China. And Trump announced increases in Chinese purchases of US goods. This included agricultural products (e.g., soybeans, beef), energy (oil, LNG), Boeing passenger aircraft, and other exports to boost US sales for his crony friends. These sales had to have been negotiated weeks ago. LINK to the LIVE AP UPDATE
Cooperation on fentanyl: Trump pressed for further action to stem the flow of precursor chemicals into the United States. LINK
Iran-related issues: Trump discussed (and sought) Chinese influence/pressure on Iran to help end the ongoing war, reopen the Strait of Hormuz for global energy flows, and ensure Iran never acquires nuclear weapons. (US officials later clarified they did not formally “ask for help,” but the topics were raised.)
Trump’s people claimed they discussed China pressuring Iran to stop trying to hold onto nuclear enrichment for energy. The Chinese government officially denies any such discussions and notes that they had explicitly said they would not discuss that matter. Here are Judge Napolitano and Lawrence Wilkerson on that
Chinese responses (from official readouts and statements):
Agreement on Iran/Strait of Hormuz: Both sides agreed the Strait of Hormuz “must remain open” and that Iran “can never have a nuclear weapon.” China expressed interest in buying more American oil (partly to reduce future Gulf dependence) and opposed militarization or tolls on the strait.
Trade and market access gestures: China renewed licenses for hundreds of US beef exporters/slaughterhouses ahead of the talks, signaled willingness to expand cooperation on US agricultural/energy purchases, and stated that China’s “door to the outside world will only open wider” for American companies.
Overall tone: Chinese officials described the talks as “candid, in-depth and constructive” and emphasized “win-win” economic ties, with no major new concessions announced beyond the Iran agreements and incremental trade steps.
Xi’s demands/positions stated to the US/Trump (primarily a strong public warning via Chinese state media/readout, plus broader framing):
Taiwan as the core/”most important” issue: Xi warned that if the Taiwan issue is “handled poorly,” the two countries “will clash or even come into conflict,” pushing the entire bilateral relationship into an “extremely dangerous place” or “great jeopardy.” He described Taiwan independence and cross-strait peace as “as irreconcilable as fire and water” and made clear it is China’s top red line/core interest. (This was framed as a demand for the US to exercise caution, avoid supporting independence, and not undermine stability—implicitly pressing against arms sales or policy shifts favoring Taiwan.)
Broader relational framework: Xi called for the US and China to be “partners rather than rivals,” transcend the “Thucydides Trap,”** avoid confrontation, and build a new “constructive, strategic and stable” paradigm for great-power relations with “limits to competition” and managed differences. He stressed that economic ties are “mutually beneficial and win-win” and that cooperation benefits both while confrontation harms both. **Based on Harvard professor Graham Allison’s phrase in a 2015 Atlantic article and his 2017 book Destined for War: Can America and China Escape Thucydides’s Trap? Peloponnesian War (5th century BC):
As Thucydides wrote of the Peloponnesian Wars “It was the rise of Athens and the fear that this instilled in Sparta that made war inevitable.”
Thucydides was explaining why Athens (the fast-rising power) and Sparta (the dominant established power) ended up in a devastating 27-year war that destroyed both. (FOR FURTHER DETAILS ON THE NEGOTIATIONS AND THE FASCISM [EX: There are some complicating factors to consider, especially when it comes to NVDIA] scroll to the end of this News Notes release!
-Iran allowed 30 tankers working with Chinese interests to travel through the Strait of Hormuz while Trump was with Xi. In other words, the Strait is open to Chinese travelers. Yet, Trump sees it only from the US side, and that US side is the cause of that US problem in the Strait - a problem for any other nation that is not friendly to Iran, Yemen, Lebanon, and Gaza.
Pepe Escobar has an excellent piece on the China-US summit. Headline: “Trump Goes to China, But Iran Holds All the Cards, by Pepe Escobar - The Unz Review” LINK
IRAN
Russian Foreign Minister Sergei Lavrov offered a very sensible assessment of one of the key reasons Netanyahu and Trump attacked Iran - to push the Arab states away from Iran. That, if it was a goal, is not being achieved. Headline: “Lavrov names overlooked agenda behind Iran war — RT Russia & Former Soviet Union” LINK
ISRAEL
PRISON ATROCITIES
The latest development is that the Israeli government (after making folk heroes out of men who literally admitted to raping a prisoner, and being releasing the men), is pursuing “defamation” charges against the writer who merely repeated what we already have known - the Israeli government not only allows the torture of prisoners, it has a built-in system to do so.
GAZA
This is not surprising, but still is angering.
On, this, the 78th Anniversary of the Nakba
LEBANON
IMMIGRATION
Headline: “DHS uncovers 10,000 foreign students in suspected OPT fraud” LINK Here is a question: Why, in the so-called “land of the free”, is the central government deciding who can and cannot free associate with another in order to work or be an apprentice, or study?
HEALTH
Please don’t consider this alarmist, but the first segment of the content here, discussing the areas of the brain that are effected by COVID when a victim of it loses the sense of smell (or it changes) is fascinating.
FLOCK CAMERAS
This is a big deal - As we know, FLOCK cams are tied to the Immigration Police State
COVID, FAUCI, RON JOHNSON
Key info re CIA, coverups re mRNA jabs, but nothing will come of it. Still, the information is worthwhile. This is a key conversation, from Redacted, and though there are many areas many of us might have with Senator Johnson, it’s good to get this window into what they are seeing, or telling us they are seeing.
THE CHINA NEGOTIATIONS
Here are some of the details of the general agreements, and some of the known specifics. No specific new monetary totals (in dollars) for Chinese purchases of US fuel/energy or agricultural exports were publicly announced immediately after the Trump-Xi summit on May 14, 2026. Official readouts and statements from both sides (White House, Treasury Secretary Scott Bessent, and Trump’s post-meeting comments) confirmed general commitments and “interest” in increased purchases but emphasized qualitative progress, renewed licenses, and ongoing working-level talks rather than quantified dollar figures. Pre-summit speculation and historical baselines provide the closest available estimates.
Expected/Committed Chinese Purchases of US Fuel (Oil, LNG, and Other Energy)
No new dollar estimate announced. Trump stated that China agreed to purchase US oil, liquefied natural gas (LNG), and other energy products (including potential Alaskan production). Xi expressed explicit interest in buying more American oil to diversify away from reliance on the Strait of Hormuz.
Historical baseline for context: In 2024 (pre-tariff escalation), Chinese imports of US oil and LNG totaled approximately $8.4 billion. Tariffs largely halted direct shipments thereafter, though some contracted volumes were resold elsewhere. Rystad Energy had previously noted ~12 million tons of LNG under long-term contracts. Any new deal would aim to revive or exceed this level, but no volume or value target was disclosed post-summit.
Expected/Committed Chinese Purchases of US Agricultural Exports
No new overall dollar estimate announced. Trump described purchases of soybeans, sorghum, and “other farm products” as “massive amounts” or “tremendous.” China also renewed export licenses for hundreds of US beef slaughterhouses/facilities. Discussions included corn, poultry, meat, and grains. LINK
Key ongoing commitment (referenced/confirmed in context of the summit): China is expected to fulfill/continue purchases of ~25 million metric tons of US soybeans annually (through at least 2028, per the October 2025 truce). At current market prices, this equates to a rough annual value of ~$9–12 billion (depending on soybean prices; historically, China’s peak US soybean purchases reached ~$12 billion in a strong year). No expansion beyond this baseline was quantified. LINK
Boeing Aircraft Sale Estimate LINK
Specific commitment announced: China agreed to purchase 200 Boeing 737 jets (primarily 737 MAX variants). This was highlighted by Trump as a key deliverable.
Dollar estimate: No official contract value released yet.
List prices for 737 MAX aircraft typically range $110–130 million per plane, suggesting a notional headline value of roughly $22–26 billion for 200 aircraft (before standard large-order discounts).
Actual transaction prices in past China deals are heavily discounted (often 40–60% off list). Historical precedent: A 2017 China deal for ~300 Boeing aircraft was announced at >$37 billion; an earlier 2013 deal for 200 planes was valued at ~$20.7 billion (list-price basis). Pre-summit analyst speculation for larger orders (e.g., 500+ aircraft) had referenced “triple-digit billions,” but the confirmed 200-jet deal points to a mid-to-high tens of billions range in eventual contract value.
These outcomes align with the “three Bs” focus (Boeing, beans/soybeans, beef) discussed pre-summit. Follow-up via the proposed US-China “Board of Trade” is expected to flesh out implementation details and any additional volumes. No sweeping multi-billion-dollar package total was released. All figures above are based on official statements and historical/comparable deal data available as of May 14, 2026.
AND WHAT OF NVDIA?
Remember when the US govt turned Intel into a fascist entity by buying 10% of its stock? NVDIA Got a chunk of Intel, and guess what company just got to sell its special chips to China, thanks to months of negotiation via the feds and thanks to this trip? NVDIA. Remember these points, please….
Nvidia did take its own $5 billion stake in Intel (September 2025) shortly after the government’s 10% stake was announced. That move helped boost Intel’s stock. AND THIS SALE OF THE SPECIAL NVDIA CHIPS?
U.S. Commerce Department approval (as of May 2026) allowing Nvidia to sell its H200 high-bandwidth-memory AI chips to approximately 10 specific Chinese firms (examples cited in related reporting include Alibaba, Tencent, ByteDance, JD.com, and similar big tech/cloud players).
Instead, it falls under a separate Trump-era revenue-sharing/export-license arrangement:
In exchange for export approvals on certain advanced AI chips (H20, H200, and similar “China-compliant” versions), Nvidia (and AMD) agreed to give the U.S. government a cut of revenue—reported in the 15–25% range depending on the specific chips and deal terms—from sales to China!!!!!!
This is similar to the way the British Crown supported and fed off of the British East India Tea Company, by working special deals, exclusivity in colonies, and then bringing portions of the cut back to Crown figures or members of Parliament.
Let’s recall all the other companies currently co-owned by the US under Trump Fascism:
Key companies with confirmed or reported equity stakes (as of available 2025–early 2026 reporting):
Intel Corporation (semiconductors): ~9.9–10% common stock stake (≈$8.9 billion via Commerce Department/CHIPS Act conversion). This made the U.S. government Intel’s largest shareholder.
MP Materials (rare earth mining/processing, only fully integrated U.S. producer): Up to 15% stake (Department of Defense; government became the largest shareholder). Includes stock and warrants.
Lithium Americas (lithium mining, Thacker Pass project): 5% in the parent company + 5% in the Thacker Pass joint venture (Energy Department).
Trilogy Metals Inc. (minerals/mining): Approximately 10% stake (plus additional warrants in some reports).
USA Rare Earth and others in critical minerals (e.g., ReElement Technologies, Vulcan Elements): Stakes reported in the 8–16% range or similar minority positions as part of DoD/Energy deals.
Other notable arrangements:
U.S. Steel Corporation: A “golden share” (special veto/control rights over key decisions, such as plant closures), granted as a condition for approving a foreign acquisition deal. This is not a standard percentage ownership but gives the government shareholder-like influence.
finance.yahoo.com
Additional deals in nuclear (e.g., Westinghouse, with potential IPO rights), gallium (e.g., Atlantic Alumina/ATALCO), and refinery JVs (e.g., Korea Zinc in Tennessee, with government stakes in the JV and/or parent) have been announced or discussed.
foreignpolicy.com
These stakes are typically non-voting or structured with limits, but they represent direct government ownership and influence—unusual outside of crisis bailouts. The policy aims to reduce reliance on China for critical materials and chips while giving taxpayers upside potential.
Note on the first Trump Administration (2017–2021): Under the 2020 CARES Act COVID relief, the Treasury was given the “power” to receive stock warrants (rights to buy shares, valued at roughly 10% of certain loan amounts) from major airlines (e.g., American, Delta, United) and some other firms receiving aid (the Federal Reserve literally could buy bonds of the companies, any company, they wanted to buy). These were compensation/protection for taxpayers rather than immediate ownership percentages, and the government did not become a long-term shareholder—the warrants were temporary, and most aid was repaid without the government exercising ongoing equity control.
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