Joining us now is Wendy Cutler, vice president at the Asia Society Policy Institute. She's a former acting deputy at the US Trade Representatives Office and worked on negotiations including on the TPP deal and high level China talks. And Wendy, it's great to have you on the show.Welcome. Thank you. Um so, so let's start right there because we did see these deadlines for the cipal tariffs at least in terms of u the the companies for which these letters have gone out extended to August 1st.How much can get do ...

Well, I I think one of the reasons we haven't seen a dramatic spike in price increases yet has been in part because many of these tariffs have been suspended. Although many of them have gone on, 10% have gone on and a number of sectoral tariffs have gone on and some of the emergency tariffs have gone related to fentanyl and other things. So, there plenty of tariffs that have gone on, but the but the massive increases on the reciprocal side haven't been levied yet.So that's been part of it. Part of it has be ...

US-China Tech Competition & Trade Negotiations - Both the US and China are heavily investing in infrastructure (data, energy computation, and human capital) to lead in AI [1][2][4] - The US technology industry seeks a conducive environment for domestic investment, exemplified by projects like Stargate and significant investments from companies like Apple ($500 billion) and IBM ($150 billion), totaling over $2 trillion [4][5] - Trade negotiations with China involve potential loosening of export controls on semiconductors as a bargaining chip [6][8] - A year ago, China was unwilling to negotiate with the US unless export controls were lifted, but export controls are now part of the discussions [7][8] Semiconductor Industry & Export Controls - The Trump administration placed 22 chips on the export control list in April, designed to comply with China's market [9] - There's uncertainty regarding whether the Trump administration will lift these controls or further unwind Biden administration controls on advanced semiconductor equipment [9][10] - Companies like AMD and Nvidia desire continued access to the Chinese market, balancing national security interests with economic interests [11] Rare Earth Elements & Supply Chain - China uses its dominance in rare earth elements as leverage in negotiations with the US [16] - China is loosening controls on rare earth approvals but only granting licenses for six months, retaining leverage [19] - US companies applying for rare earth approvals in China face invasive questions about sensitive business information [19] Talent & AI Development - China is rapidly deploying AI talent, prompting the US to launch AI education initiatives to develop homegrown talent and attract international experts [20][21] - The US needs to attract and retain AI talent, especially first or second-generation immigrants who often start technology companies [21]

Washington. And we're going to stick with Washington. President Trump releasing new tariff letters to seven countries that outline more so-called reciprocal tariffs if they don't make deals by the 1 of August.Our Megan Cassella has the latest on that. Megan, hey John. So about 21 countries have now received those letters and the president just said in the last few minutes that more countries including Brazil could get letters today and tomorrow.But here's today's round. We can pull it up. the Philippines, I ...

[Applause] I would like to tell you about a phone call that totally changed the way that I view conflict. It was with my 12-year-old grandson, Colon, and it happened about at the beginning of 2023. Within the first few minutes of that phone call, I realized that everything that I had learned about conflict, about about negotiating wasn't just for work.It was for family, for community, for everyday life. You see, a year earlier, I had sold that tech company that I had founded and I was CEO of for 14 years. I ...

Ian, always a pleasure to see you in the morning. Thanks for joining us. If you look at volatility, right, it looks like you haven't actually got back to anywhere near April.Second levels is such it kind of suggests that there is optimism there's going to be room for negotiation in these trade talks. You can see it in the gold price to down as well. Is this optimism on trade misplaced, do you think.I don't think so. I think what the market is learning and you said it very well, the market's got a bit of fat ...

Global Economic Briefing July 7, 2025 04:01 AM GMT M Global Idea The Weekly Worldview: The Tariff Show Must Go On Short-term "deals" are limited in scope and leave several questions unanswered. Comprehensive trade deals that reduce trade uncertainty will take much longer to finalize, and will require clarity on ongoing investigations and legal challenges. M The headlines have already started to trickle in: Canada repeals digital services tax, Vietnam agreement secured, EU on track. These seem like the previ ...

uh secretary. Uh Mr.. Secretary, thank you so much for taking the time to join us. We saw a lot of the conversation that happened within that room, but we want to hear for the record from you, the commerce secretary, about just where you think we are with regard to trade negotiations as a whole as we approach that uh previously stated July 9th deadline for tariff deals. So you saw 14 letters went out yesterday. You should expect another anywhere from 15 to 20 letters to go out over the next two days really ...

Career & Salary Negotiation - Offers guidance on how to negotiate salary after receiving a job offer [1]

We will start in Washington with the president's cabinet meeting set to kick off this hour. Our Megan Castella has the details and hopefully some caffeine and got some rest last night. Hi Megan.Good morning court. So yes, I'll get to the cabinet meeting in just a moment, but first want to flag that the president just in the last few minutes took to Truth Social to say now that there will be no wiggle room on his new August 1st deadline for country specific tariffs to kick in. He wrote on True Social that ta ...