I don't think the Cartel thing is a setup. Why would he set Mike up in a firefight when Jesse's nowhere around? Then setup another of his trucks to get hijacked?
I don't know if giving up Jesse and the blue meth recipe is what the Cartel wants but I'm not sure what Gus's strategy is. He doesn't like to work with drug addicts like Jesse but he's confiding more in him than he is in Walt. Maybe he knows that Walt wants to kill him but Jesse isn't smart enough to want that.
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