INFLATION IN, UP .3%. KATIE: A GREAT ROUND UP. ONE OF THE TOP STORIES THIS MORNING.THE OTHER TOP STORY IS THE WHITE HOUSE CELEBRATING A STRING OF TRADE WINS. THE U.S. AND CHINA ESTABLISHED A FRAMEWORK -- A FRAMEWORK FOR IMPLEMENTING THE GENEVA TRADE AGREEMENT BUT IT STILL NEEDS APPROVAL FROM PRESIDENT TRUMP AND TRIP -- AND PRESIDENT XI. AND AN APPEALS COURT ALLOWED TRUMP TO CONTINUE ENFORCING HIS TARIFFS THROUGH JULY.TYLER, BRING US TO THE TRADE FRAMEWORK THAT WE SEEM TO HAVE ESTABLISHED WITH CHINA, WHAT DO ...

What do we know about the details, if any, on the back of these discussions. Well, Tom, they were thrashed out over many, many hours yesterday. The talks when all through the day and into the night as well.The US Treasury secretary, Scott Bessant, having to leave early because he had to get back to Washington to testify in Congress. But they got back around the table. Howard Lutnick, the commerce secretary, and the U.S. Trade Representative, Jamison Greer, emerging finally, as you heard there, to announce t ...

LIVE FROM WASHINGTON, D.C. JOE: TUESDAY EDITION, AS HOUSE REPUBLICANS LOOK ACROSS THE DIVIDE TO THE UPPER CHAMBER DEFINED PRESIDENT TRUMP'S BIG BEAUTIFUL BILL. I'M JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON. IMPORTANT DAY IN THE NATION'S CAPITAL. WE ARE ABOUT TO LEARN A LOT ABOUT WHAT STAYS AND WHAT MIGHT COME OUT OF THE BILL WITH ACTION ON BOTH SIDES OF THE CAPITAL. KAILEY: SOME OF THAT BEING DRIVEN BY SENATORS WHO WANT CHANGE IN SOME DRIVEN BY PROCEDURE AND THE SENATE PARLIAMENTARIAN WHO IS GOING TO ...

June 9, 2025 02:12 AM GMT China Musings | Asia Pacific How China Is Playing Its Rare Earth Card China's control over rare earth supply has become a calibrated yet assertive tool for strategic influence. Its near-monopoly of the supply chain means rare earths will remain a significant bargaining chip in trade negotiations. China is reshaping its rare earth export controls. Among 17 rare earth elements, China has imposed export controls on seven heavier ones (Dy, Tb, Sm, Gd, Lu, Sc, Y, Exhibit 5 ) and their p ...

[Music] expect it to be a short meeting with a big strong handshake and uh we'll see but that's what we're expecting. Our expectation is that after the handshake uh then immediately after the handshake any export controls from the US will be eased and the rare earths will be released uh in volume and then we can go back to negotiating smaller matters. [Music] [Music] This was a very significant uh sticking point because uh China controls as you know something like 90% of the rare earths and the magnets and ...

We are [Music] doing well with China. China is not easy. Just like just like your your home country is not easy there. Uh I think we're doing very well. They're over there now. I'm only getting good reports. It's a little early, but they'll be calling in soon. In fact, probably when I get back, I'll have my first call from them. We want to open up China. And if we don't open up China, maybe we won't do anything. But we want to open up China. It'll be a great thing for China, great thing for the rest of the ...

This is an incredibly complex issue, and it underscores a really important point, the fact that we have become so dependent on elements like critical minerals and the permanent magnets we need for our commercial sector, our defence sector, so much so that we actually have to give up a really important national security concerns, including dual use items. I really want to stress the definition of dual use, dual use items that China is seeking us to relax our export controls on are various types of air chips, ...

US and Chinese officials including Commerce Secretary Howard Lutnik, Treasury Secretary Scott Besson, and US Trade Rep. Jameson Greer are in London Monday for trade negotiations as both nations work to reach a deal while hefty reciprocal tariffs are paused. National Economic Council Director Kevin Hasset telling CBS he's quote very comfortable with the prospect of the US and China reaching a deal. Wendy Schiller, Brown University professor of political science joins us now for more. Wendy, great to speak wi ...

US and Chinese officials including Commerce Secretary Howard Lutnik, Treasury Secretary Scott Besson, and US Trade Rep. Jameson Greer are in London Monday for trade negotiations as both nations work to reach a deal while hefty reciprocal tariffs are paused. National Economic Council Director Kevin Hasset telling CBS he's quote very comfortable with the prospect of the US and China reaching a deal. Wendy Schiller, Brown University professor of political science joins us now for more. Wendy, great to speak wi ...

Let's give you an update on trade talks over in London, The US and China in the same room right now for another round of talks, this time in London, last time around in Geneva on the ground. Bloomberg's Amiri Amiri We've got the officials in the right place. What's next.Well, Jonathan, this really does just feel like a continuation of the negotiations we saw just a month ago in Geneva. And the contours of what we expect is that the US is expecting more access to those rare earths and magnets, something we h ...