The EU is privately warning that there’s little it can do in the near term to compel China to ease export controls on critical rare earths https://t.co/oCHAv6asIJ ...

Core Insights - Microsoft will invest $15.2 billion in the UAE over the next four years, marking a significant expansion in the region's AI capabilities [1] - The investment includes the first-ever shipments of advanced Nvidia GPUs to the UAE, facilitated by a U.S. export license [1][3] - The deal positions the UAE as a key player in the global AI landscape and a regional hub for American AI influence [2] Investment Breakdown - The $15.2 billion investment includes over $7.3 billion to be spent in the UAE from 2023 to the end of 2025, which encompasses a $1.5 billion equity investment in G42 and over $4.6 billion in capital for data centers [5] - From 2026 to 2029, Microsoft plans to invest an additional $7.9 billion, including $5.5 billion for AI and cloud infrastructure expansion [7] AI Infrastructure and Talent Development - Microsoft has accumulated the equivalent of 21,500 Nvidia A100 GPUs in the UAE, utilizing these chips to provide access to various AI models [4] - The company aims to train one million residents by 2027 and establish Abu Dhabi as a regional hub for AI research and model development [8] Strategic Partnerships - The investment coincides with a $9.7 billion deal signed with Australia's IREN for AI cloud capacity, indicating Microsoft's broader strategy in the AI sector [9]

Economic Context - A successful trade deal must address both economic and national security contexts, with technology being a critical factor in both [1][3] - Maintaining substantial tariffs is essential to correct the unbalanced trade relationship with China, which has resulted in significant wealth transfer to China [2][15] National Security Concerns - The U.S. must avoid making concessions that could harm national security, particularly regarding technology transfers to China [3][5] - Export controls will remain a vital part of U.S. policy, ensuring that sensitive technology is not shared with China [7][18] Choke Points and Fentanyl - Addressing choke point issues is crucial to prevent economic disruptions for both the U.S. and China [4][9] - Fentanyl trafficking from China is a significant concern, with approximately 100,000 deaths annually in the U.S. attributed to it, and China has the capability to halt this flow if desired [10][11] Agricultural Trade - Soybeans are a key component of U.S. agricultural exports, making it important for China to purchase them, although this is less critical than tariffs and national security issues [12][14] Trade Imbalance - The U.S. should aim for balanced trade with China, avoiding large trade surpluses that have historically favored China [15][16] - The nature of Chinese investments in the U.S. should be carefully controlled, particularly in technology sectors, to protect national interests [17][19] Strategic Decoupling - A strategic decoupling between the U.S. and China is anticipated, focusing on maintaining a balanced relationship that prioritizes security and technology independence [24][25]

LATEST: The US and China make progress on multiple fronts, from TikTok to the suspension of some export controls and tariffs.Follow our live blog for more ⤵️ https://t.co/B7xMk3PATg ...

China paused plans for a dramatic expansion of its rare-earths export controls, offering relief to global buyers after a tumultuous year and handing major economies more time to tackle Beijing’s grip on the industry https://t.co/kWf3sAoACc ...

#要闻 中国商务部：美方将取消针对中国商品加征的10%所谓“芬太尼关税”，对中国商品加征的24%对等关税将继续暂停一年。中方将相应调整针对美方上述关税的反制措施。双方同意继续延长部分关税排除措施。美方将暂停实施其9月29日公布的出口管制50%穿透性规则一年。中方将暂停实施10月9日公布的相关出口管制等措施一年，并将研究细化具体方案。美方将暂停实施其对华海事、物流和造船业301调查措施一年。美方暂停实施相关措施后，中方也将相应暂停实施针对美方的反制措施一年。双方还就芬太尼禁毒合作、扩大农产品贸易、相关企业个案处理等问题达成共识。双方进一步确认了马德里经贸磋商成果，美方在投资等领域作出积极承诺，中方将与美方妥善解决TikTok相关问题。外汇交易员 (@myfxtrader):特朗普：这是一份为期一年的协议，到期可能会延长。对华关税将从57%下调47%。明年4月将会访问中国，之后习近平再访问美国。我将与习近平在乌克兰问题上合作，争取有所作为。 ...

French President Emmanuel Macron told European Union leaders to consider using the bloc’s most powerful trade tool against China if they aren’t able to find a resolution to Beijing’s planned export controls on critical raw materials https://t.co/uQxDAD1Yzs ...

Trade Restrictions - The Trump administration is considering restricting exports to China of software-driven products, ranging from laptops to jet engines [1] - The restrictions aim to retaliate against Beijing's latest round of rare earth export controls [1] - The plan intends to prohibit exports of "critical software" or goods produced using US software to China [1]

It was incredibly aggressive. It was totally disproportional to anything that uh the US, the EU or Canada or anybody did because remember these are global measures that the Chinese have put in place to purport to control the movement or export of any item containing certain rare earth from one country to another, right. Even if China is not uh you know one of the parties uh in the agreement.So in Geneva we had an agreement where they would limit their rare earth export controls. they'd keep their retaliator ...

Trade Policy - The EU is exploring trade measures to respond to China's planned export controls on critical raw materials [1] - This action is considered if diplomatic solutions with Beijing are unsuccessful [1]