China is confident of its leverage over America. That swagger is hard for trade partners to take. But the country’s intransigence has deeper roots https://t.co/wIbi073BkeIllustration: Chloe Cushman https://t.co/fhc454Qa8M ...

[Music] I honestly believe that the AI revolution is underhyped. Now, why is this all important? >> Eric Schmidt is here. He's the former Google executive chairman and CEO. >> These agents are going to be really powerful, and they'll start to work together. We're soon going to be able to have computers running on their own, deciding what they want to do. Now we have the arrival of a new nonhuman intelligence which is likely to have better reasoning skills than humans can have. >> So if you were emperor of t ...

China makes landmark pledge to cut its climate emissions https://t.co/qbwNSevxQJ ...

Core Insights - G7 members and the EU are considering implementing price floors and taxes on certain Chinese exports to boost rare earth production and encourage investment [1][5][6] Group 1: Rare Earth Production and Export Controls - China, as the leading producer of rare earths, introduced export controls in April, impacting European automakers and leading to a fast-tracking of licenses for European companies in May [2][3] - Despite improvements, European companies are facing rising license bottlenecks, which threaten further losses and shutdowns [2] Group 2: G7's Critical Minerals Action Plan - G7 countries, excluding Japan, are heavily reliant on China for critical materials, prompting the launch of a Critical Minerals Action Plan in June [3] - Technical teams from G7 nations convened in Chicago to discuss regulatory measures on foreign investment in critical materials to reduce dependency on China [4] Group 3: Regulatory and Taxation Discussions - G7 countries are divided on implementing geographical restrictions, such as local content rules or limits on sourcing from China in public procurement [5] - Discussions included the possibility of a carbon tax or tariff on Chinese rare earth exports based on non-renewable energy usage in production [5] Group 4: Price Floors and Subsidies - Officials are considering government-backed price floors to stimulate domestic production, a strategy recently adopted by the U.S. [6] - Australia is also contemplating a price floor for critical minerals projects, including rare earths, while Canada is positively inclined towards this idea but has not made a commitment [6][7]

China is confident of its leverage over America. That swagger is hard for trade partners to take. But the country’s intransigence has deeper roots https://t.co/EylgEI3vhH ...

Tariffs, aid cuts and visa limits under Donald Trump’s foreign policy are eroding US influence in Southeast Asia, where China is increasingly seen as dominant, the Sydney-based Lowy Institute said in a report https://t.co/bvIHZPAl7i ...

For years, China has claimed it’s a developing nation at the WTO. Its reversal is good news for US trade talks https://t.co/7sDsitWzio ...

RT David Rennie (@DSORennie)China now accounts for 30% of all global manufacturing, or more than America, Germany, Japan and South Korea put together. A record surge of exports is alarming foreign rivals and governments. My column, The Telegram, on the juggernaut Trump can’t stop https://t.co/z8mTn3XZNw ...

China has sorted its own financial plumbing. Now it can transact with others without touching the dollar system through a variety of means. Here’s what that means for the yuan https://t.co/yyHNf1238Y ...

China will no longer claim the special treatment available to developing nations at the World Trade Organization, removing a point of contention with the US that’s been one barrier to the two nations agreeing on reforming the global trade forum https://t.co/z1bPDeTa35 ...