US-China Trade & Technology Competition - The US and China are competing in AI, manufacturing, and energy, with American security, prosperity, and leadership as the primary goal [1] - Trade negotiations are a means to achieve American security and prosperity [2] - The US imports $300 billion more from China than it exports, creating a vulnerability due to reliance on an adversary [2] - Rebalancing the trade relationship is crucial to incentivize domestic production of essential goods for national security [4] - The US aims to lead in rare earth processing and critical minerals, ensuring cleaner, more efficient, and trustworthy practices compared to China [6] Trade Negotiation Dynamics - Everything is on the table in trade negotiations between the US and China, with the US holding leverage [7] - The US seeks a better deal that promotes prosperity, freedom, and security, incentivizing key sectors for American leadership [9] - The US aims to incentivize industries crucial for American leadership [9] Technology & Export Strategy - China aims for an independent, controllable AI hardware and software system, potentially excluding American tech [10] - Deals with allies like the EU and Japan, representing 60-70% of global GDP, are crucial for deploying American technologies [12] - The US aims to have more countries and companies adopt US and allied technology over Chinese tech [17] - The US administration plans to create exportable aid packages to facilitate the adoption of American technology [18]
US Leverage in China Trade Talks
Bloomberg Technologyยท2025-07-29 19:38