Joining us right now on the economy, big tech, and much more is economic security project co-chair Chris Hughes, who is also the co-founder of Facebook. His new piece in the American Prospect, Rule by Deal, is a criticism of the Trump administration's industrial and tariff policies. And Chris, welcome.Thank you for joining us today. >> Thanks for having me. Le >> let's start with the piece first.U the way you've laid this out, you you make a lot of pretty deep and important points. Um, you're looking at the ...

President Trump said he would look to diversify critical minerals purchases during a meeting with five central Asian countries, as the US seeks to address China’s dominance in rare earths critical to advanced tech manufacturing https://t.co/AUJAxTs5Kl ...

Trump is signing rare earths deals ahead of talks with China's Xi- will they help? https://t.co/MiUZUBRQ6P ...

RT BBC Breaking News (@BBCBreaking)US President Trump and Japanese PM Takaichi sign new trade and rare earths deal - follow livehttps://t.co/YI4SPwokjz ...

No better person to kick off our coverage this morning at the Bund Summit here on the banks of the Huangpo river in Shanghai, and the financial district across the river is Stephen Roach, he's a Yale Law School Senior Fellow, also, of course, the former chairman of Morgan Stanley Asia. Thanks so much for having you, Steve. Always glad to be here.I mean, I'm sure you have lots at the forefront of your mind right now. But let's talk about the upcoming possible Xi-Trump meeting on the sidelines of APEC. How hi ...

German Finance Minister Lars Klingbeil criticized China’s decision to tighten export controls on rare earths and expressed hope for a de-escalation following the meeting between US President Donald Trump and Chinese President Xi Jinping https://t.co/CMXgzZfEKf ...

Establishing a supply chain to produce rare earths outside of China isn't expensive, @davidfickling says. If only governments stepped up (via @opinion) https://t.co/5a8FREGrVu ...

We've developed the world's most powerful permanent magnet technology and it is indeed iron nitride and we make that from iron and nitrogen to very readily available materials uh that are fully domestically sourced and our technology requires no rare earths, no critical minerals. >> What are the barriers that it seems like if this was so easy and it's made with inexpensive materials that this should have happened a long time ago. Um is is there difficulty in scaling this. Is there difficulty in the manufact ...

Just ahead of this ALBANESE Trump meeting, but a long time coming. He might want to comment on that. But in terms of the tone, is it going to be a reality check, a reset or just a reassurance.Actually, that's pretty hard to read. I mean, the big the centerpiece here, I think from the Australian perspective will be the August agreement and the Pentagon review that's been announced. There is speculation that the results of that review are going to be made known to us in the lead up to the visit.But actually e ...

US-China Trade Relations & Tariffs - The market reacted sharply to President Trump's threat of massive new tariffs on China, with the S&P 500 down approximately 2% and the tech sector experiencing a more significant decline [4] - The expert suggests that the tariff issue is not solvable by monetary policy and recommends the Fed to ignore it [5] - China's cut in access to rare earths is viewed as a reason for potential retaliation from the US [4] Monetary Policy & Inflation - The expert believes that the Fed should hold steady and not continue rate cuts, as cutting rates would validate passing on price increases and potentially fuel inflation [8][9] - The expert suggests that the Fed signaling it does not want to validate price increases would put a lid on inflation [8] Labor Market Analysis - The labor market is described as soft but not significantly different from what is expected in an extended expansion [10] - Wages for lower-end workers are performing well, while supervisory workers have experienced lower pay increases [10][11] - The Atlanta Fed wage tracker signals no serious problems in the labor market [11] Personal Considerations - The individual withdrew his name from consideration for a government position due to personal considerations, including family involvement and satisfaction with his current job [1][2][3] - The expert finds government service to be more painful and hostile than in the past [2]