内容摘要：He has qualifying on deck at Indianapolis Motor Speedway next weekend.

He has qualifying on deck at Indianapolis Motor Speedway next weekend.

A potential break in the tariffs stalemate could come as soon as this weekend. Treasury Secretary Scott Bessent and other senior trade officials are due toin Geneva on Saturday. But Beijing and Washington are at odds over a raft of issues, including colliding strategic interests that will may impede progress in the talks.

Some of the punitive tariffs, including Beijing’s retaliatory 125% tariffs on U.S. exports, could be rolled back, but a full reversal is unlikely, Zichun Huang of Capital Economics said in a report.“This means China’s exports to the U.S. are set for further declines over the coming months, not all of which will be offset by increased trade with other countries. We still expect export growth to turn negative later this year,” Huang said.Whatever the outcome of those discussions, the rapid increase in Chinese exports to other countries reflects a restructuring that began years ago but has gained momentum as Trump has raised barriers to exporting to the U.S.

Global manufacturers have been looking for alternatives to a near total reliance on manufacturing in China after disruptions from the COVID-19 pandemic highlighted the need for more diverse options.The need for more versatile supply chains grew more apparent as Trump hiked tariffs on Chinese exports during his first term in office. Most of those remained during former President Joe Biden’s term.

Exports to the United States accounted for about a tenth of China’s total exports in April and the U.S. is still China’s largest single-country market. But the European Union and Southeast Asia are larger regional export markets.

Trade with a broader grouping, the 15-nation Regional Comprehensive Economic Partnership (RCEP), which does not include the United States, is still bigger. And exports to countries participating in China’s “Belt and Road Initiative,” a vast network of Beijing-supported infrastructure projects, are bigger still.Hamilton even briefly thought he’d have a fantastic day when a change to medium tires made him feel “the car really come alive and I felt super optimistic in that moment.”

Even so, Ferrari had nothing for McLaren Racing, which went“I think it wasn’t a good weekend ... we can’t be satisfied with P7 and P8,” said Ferrari team principal Frédéric Vasseur. “You start P8 and P12, it’s almost impossible to fight your way back and challenge the cars ahead. The other thing is that McLaren was probably on another planet. We had enough pace to battle with Red Bull and Mercedes, but not with McLaren.”

Piastri has four victories this year — three in a row — and Norris has one as McLaren has won five of the first six races. Four-time defending F1 champion Max Verstappen has one win, while Ferrari has yet to even challenge with Hamilton and Leclerc.Compounding problems for Ferrari in Miami was a crash on Saturday when Leclerc lost control of his car as he headed out to the track for the sprint race. He wasn’t able to compete in the sprint and Ferrari had to hustle to even have him ready for qualifying.