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①China and the US have wrapped up two days of trade talks in Stockholm. What are the key outcomes?②The IMF has raised its economic growth forecast for China this year. What's driving this revision? ③Britain says it'll recognize Palestine as a state unless Israel agrees to an "immediate ceasefire" in Gaza. ④Trump sets a new deadline of 10 or 12 days for Russia to act on Ukraine. ⑤China has unveiled childcare subsidies to boost its birth rate. How effective could the policy be?
Market news for July 30, 2025: Asian markets mixed as China-US talks end, eyes on tech earning; Trump says India might get 20-25% tariffs; Thai government slightly raises 2025 growth forecast to 2.2%; Temasek sees 10 times gain with 5.5 billion euro stake sale in Indian JV with Schneider. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region. Written and hosted by: Emily Liu (emilyliu@sph.com.sg) Produced and edited by: Chai Pei Chieh & Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Daily and rate us on: Channel: bt.sg/btmktfocus Amazon: bt.sg/mfam Apple Podcasts: bt.sg/mfap Spotify: bt.sg/mfsp YouTube Music: bt.sg/mfyt Website: bt.sg/mktfocus Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Money Hacks at: bt.sg/btmoneyhacks BT Correspondents at: bt.sg/btcobt BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
President Donald Trump has responded to the UK's plan to recognize Palestine under certain conditions. Jeffrey Epstein associate Ghislaine Maxwell has offered to testify in Congress but has given a set of conditions. We have new details about the Manhattan gunman. We explain why tariffs might surge after a two-day trade meeting between China and the US. Plus, why a town in France is setting a dress code for tourists. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Despite a cautious mood, US stocks held near record highs, while the US dollar recorded its biggest jump since May as trade jitters eased. Super Micro Computer surged on optimism around China-US trade relations, and Nike shares climbed following a broker upgrade, with analysts urging investors to "just buy it" ahead of the Soccer World Cup. In Europe, Heineken shares slipped after the company flagged flat sales volumes for the year. Meanwhile, in commodities, gold fell to a three-week low, while oil prices rose 2% on the back of a new US-EU trade agreement. Back home, Aussie shares are expected to open lower on Tuesday, with mining stocks still under pressure. Ryan and Tom also preview the upcoming US interest rate decision and what it could mean for markets. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
Head-of-state diplomacy has provided crucial guidance for the development of Sino-US relations. It was the telephone talks between President Xi Jinping and his US counterpart on June 5 that enabled the two countries to keep their trade relations on the right track through their talks in London along with other efforts.国家元首层面的外交为中美关系的发展提供了至关重要的指导。正是6月5日习主席与美国总统之间的电话会谈,使得两国能够在伦敦举行的会谈以及其他一系列努力的共同作用下,将双边贸易关系维持在正轨上。China has been faithfully implementing its part of the outcomes from the framework reached during the London talks. This has laid a foundation for their talks in Stockholm from Sunday to Wednesday.中国一直切实履行了伦敦会谈所达成协议内容中的自身应尽之责。这为从本周日到周三在斯德哥尔摩举行的会谈奠定了基础。Nonetheless, optimism should be tempered. After making initial progress in their negotiations in Geneva and London, the talks in the Swedish capital are likely to address some tough nuts. Not to mention the US has threatened to impose so-called "secondary sanctions" on economies trading with Russia citing the Ukraine crisis. The US also claims to have reached deals with some economies that reportedly contain China-targeted clauses, in an apparent bid to provide itself with more leverages in future trade talks with China.不过,这种乐观情绪还是应该有所收敛。在日内瓦和伦敦的谈判初期取得了进展之后,瑞典首都的谈判可能会触及一些棘手的问题。更不用说美国还威胁要对与俄罗斯进行贸易的经济体实施所谓的“次级制裁”,理由是乌克兰危机。此外,美国还声称已与一些经济体达成协议,这些协议据说包含针对中国的条款,显然是为了在未来的与中国的贸易谈判中为自己争取更多筹码。These issues might not be avoidable in the Stockholm talks, but they must not be impassable barriers if the two sides are to move forward toward the common goal of straightening out their economic and trade relations.这些问题在斯德哥尔摩的谈判中或许难以完全避免,但倘若双方要朝着改善经济和贸易关系这一共同目标迈进,那么这些问题绝不能成为无法逾越的障碍。To create the necessary conditions to ensure the forthcoming talks remain solution-oriented, the two negotiating teams should implement the common understanding the two leaders have reached, which is necessary to guarantee their discussions focus on what really matters in their economic and trade relations.为确保即将举行的谈判始终以解决问题为导向,双方谈判团队应落实两位领导人在会谈中达成的共识,这一共识对于确保双方讨论聚焦于其经济和贸易关系中的真正关键问题至关重要。As President Xi pointed out in his talks with US President Donald Trump last month, for the smooth sailing of China-US relations it is particularly important that the two sides steer clear of disturbances and disruptions.正如习主席上个月与美国总统唐纳德·特朗普会谈时所指出的那样,为了使中美关系能够顺利发展,双方务必避免出现干扰和破坏的情况。Since the two countries have made some progress in their previous talks, they should continue to make good use of the economic and trade consultation mechanism already in place, and seek win-win results in the spirit of equality and respect for each other's concerns, as agreed by the two leaders.鉴于两国在之前的会谈中已取得了一定进展,他们应当继续充分利用现有的经济和贸易协商机制。并且按照两位领导所达成的共识,本着平等和尊重彼此关切的原则,寻求双赢的结果。China has always focused on doing its own things well in its quest for high-quality development, high-standard opening-up and innovation-driven growth.中国一直致力于在自身发展过程中做到最好,以实现高质量发展、高标准开放以及创新驱动型增长。That also provides new opportunities for foreign companies and investors, including those from the US. A recent report by the US-China Business Council suggests that 82 percent of US companies in China reported making a profit last year, underscoring the common interests and potential for cooperation that exist between the two countries.这也为外国公司和投资者(包括来自美国的公司和投资者)提供了新的机遇。美国中国商会近期发布的一份报告指出,82%在华的美国公司去年实现了盈利,这凸显了中美两国之间存在的共同利益以及合作的潜力。That the country's total goods imports and exports in yuan-denominated terms rose to 21.79 trillion yuan ($3.05 trillion) in the first half of 2025, up 2.9 percent year-on-year despite the overall world trade being lackluster clearly shows that China is enhancing its capability to resist the headwinds of protectionism and unilateralism.2025年上半年,该国以人民币计价的货物进出口总额达到21.79万亿元(约合3.05万亿美元),同比增长2.9%,尽管全球贸易总体表现不佳,但这一数据表明中国正在增强抵御保护主义和单边主义逆风的能力。So in the process of recalibrating bilateral trade relations, the US side should rationally view China's development, and recognize the cooperative nature of bilateral relations. It should meet China halfway in that direction in the negotiations.因此,在重新调整双边贸易关系的过程中,美方应当理性看待中国的发展,并认识到双边关系的互利性质。在谈判中,美方应当朝着这个方向做出适当让步。To that end, more efforts should be made to guard against the potential disruptions that may pop up from time to time to prevent them from derailing the mutually beneficial cooperation between the two countries.为此,应当付出更多努力来防范可能出现的随时可能出现的潜在干扰因素,以防止它们破坏两国之间的互利合作。China is sincere and principled about its cooperation with the US, and it always honors and delivers what has been promised.中国在与美国的合作中秉持着真诚且坚定的原则,并且始终会履行所作出的承诺。For the overall benefit of Sino-US ties, both sides should make good on the agreements reached in Geneva and London, and carry on the practical momentum by enhancing communication in such fields as foreign affairs, economy and trade, and law enforcement to consolidate the consensus, clear up misunderstandings, and strengthen collaboration.为了中美关系的整体利益,双方都应切实履行在日内瓦和伦敦达成的协议,并通过加强外交、经济贸易和执法等领域的沟通来保持当前的良好势头,以巩固共识、消除误解并加强合作。 bilateral trade relationsn.双边贸易关系/ˌbaɪˈlætərəl treɪd rɪˈleɪʃnz/win-win resultsn.双赢结果/ˌwɪnˈwɪn rɪˈzʌlts/
Beijing and Washington are set to hold the third round of trade talks in Sweden, a positive development that analysts said will not only help the world's two largest economies steady their ties, but also inject much-needed certainty into the global economy.北京和华盛顿将于在瑞典举行第三轮贸易谈判,这一进展受到了分析人士的肯定。他们认为,此次谈判不仅有助于世界上最大的两个经济体稳固彼此关系,还将为全球经济注入急需的确定性。Vice-Premier He Lifeng will be in Sweden from Sunday to Tuesday to hold economic and trade talks with United States officials, as agreed upon by both sides, the Ministry of Commerce said on Wednesday.北京和华盛顿将于在瑞典举行第三轮贸易谈判,这一进展受到了分析人士的肯定。他们认为,此次谈判不仅有助于世界上最大的两个经济体稳固彼此关系,还将为全球经济注入急需的确定性。The two sides will fully leverage their economic and trade consultation mechanism and continue consultations on issues of mutual concern in the spirit of mutual respect, peaceful coexistence and win-win cooperation, the ministry added.该部门补充道:“双方将充分利用其经济与贸易磋商机制,并本着相互尊重、和平共处以及互利共赢的精神,继续就彼此关心的问题进行磋商。”Ahead of the ministry's announcement, China's top market regulator said on Tuesday that it has suspended a probe into DuPont China Holding Co — a subsidiary of the US firm DuPont — over the company's suspected violation of the nation's anti-monopoly law.在该部门宣布相关决定之前,中国最高市场监管部门于周二表示,已暂停对杜邦中国控股有限公司(美国杜邦公司的子公司)的调查。此次调查是因该公司涉嫌违反中国反垄断法而展开的。Since mid-May, top negotiators from Beijing and Washington have already engaged in two rounds of trade talks, in Geneva and London.自五月中旬以来,北京和华盛顿的高级谈判代表已在日内瓦和伦敦进行了两轮贸易谈判。The two countries agreed to a 90-day pause in their triple-digit tariffs. Additionally, Beijing has approved applications for the eligible export of rare earth elements to the US, while Washington has, in turn, slashed its restrictive measures against China.两国同意暂时暂停征收高达三位数的关税,为期90天。此外,北京已批准符合条件的稀土元素向美国的出口申请,而华盛顿方面也相应地降低了对中国的限制措施。Outbound shipments of rare earth magnets from China to the US surged to 353 metric tons in June, a 660 percent increase from the previous month's level, according to data released on Sunday by the General Administration of Customs.据海关总署周日发布的数据,6月份中国向美国出口的稀土磁体数量猛增至353吨,较上月增长了660%。Gao Lingyun, a researcher at the Chinese Academy of Social Sciences in Beijing, said: "The interests of China and the US are deeply intertwined. Both stand to gain from cooperation and lose from confrontation."中国社会科学院北京分院的研究员高凌云表示:“中美两国的利益紧密相连。双方都从合作中获益,而在对抗中则会受损。”It's in the best interests of both countries to enhance mutual understanding and manage their differences through equal dialogue, Gao said, adding that a sound and steady China-US relationship will also contribute to the recovery of the world economy.高表示,两国增进相互理解、通过平等对话来管控分歧,这符合两国的共同利益。他还指出,稳固且持续的中美关系也将有助于全球经济的复苏。trade talksn.贸易谈判/treɪd tɔːks/rare earth elementsn.稀土元素/reə(r) ɜːθ ˈelɪmənts/
Full interview: Andrew Browne is a Pulitzer Prize-winning journalist who was the China Editor for the Wall Street Journal and the Asia-Pacific Editor for Reuters. While in New Zealand for the China Business Summit, he spoke with Q+A about the China-US relationship and how New Zealand can make the most of global uncertainty.
As we continue our series on China-US climate cooperation, today we discuss how China is concentrating its efforts to reduce methane emissions, a powerful greenhouse gas, and opening up to international cooperation, especially with the US.
EU draws up retaliatory tariffs for US goods in case a trade deal is not reached, including aircraft and booze, according to WSJ.European bourses are modestly firmer, US futures also gain with clear outperformance in the NQ boosted by NVIDIA.NVIDIA (+5% pre-market) to resume H20 sales to China and announces new, fully compliant GPU for China.USD a little lower into US CPI, Antipodeans top the G10 pile given the risk sentiment.USTs flat into CPI & Bowman, Bunds lead, OATs await Bayrou & Gilts await Bailey/Reeves.Crude lower but off worst levels on reports that Trump asked if Ukraine are able to hit Moscow with US weapons.Looking ahead, US & Canadian CPI, OPEC MOMR, Bundesbank Monthly Report, Speakers including Fed's Bowman, Barr, Barkin & Collins, BoE's Bailey & UK Chancellor Reeves. Earnings from JPMorgan, Blackrock, Wells Fargo, Citi.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
In this episode we chat with Shanghai-based author and editor Jacob Dreyer, a China watcher who writes with great insight and nuance about the shifting landscape of China-US relations. We touch on questions such as: Is the China model of governance outperforming Western liberal democracy? Is China winning the AI and technology wars? (Spoiler alert: That ship has sailed.) How do the architecture and logic of surveillance and information control systems differ between the U.S. and China? Is the current China-US geopolitical chill drifting toward a hot war? And finally, we unpack the question posed in Jacob's guest op-ed in the New York Times: Is Trump's America beginning to look more like China?
Today, we continue our series on China-US climate cooperation and look at how the world's two largest emitters are including carbon capture and storage in their overall strategy to combat climate change. But will their decade-long cooperation unlock solutions or spark new controversies?
The global impacts of US trade policy and tariffs continue to ripple through the global economy. Renowned economist and Senior Fellow at the Council on Foreign Relations, Brad Setser, joins Janet Henry, HSBC's Global Chief Economist, to discuss the outcomes so far and the implications ahead. Their wide-ranging conversation also covers new patterns in investment allocations and trade flows, the impacts on the US dollar, China-US trade relations, and how Emerging Markets are faring.Watch or listen to find out more.This episode was recorded on the sidelines of the HSBC Gulf Cooperation Council (GCC) Exchanges Conference in London on 17 June 2025. Read more about the GCC conference here https://www.business.hsbc.com/en-gb/campaigns/hsbc-gulf-cooperation-council-conference-gccDisclaimer: Views of external guest speakers do not represent those of HSBC.
The future of China-United States relations lies with young people, President Xi Jinping said in a recent reply to teachers and students of the US youth pickleball cultural exchange delegation from the US state of Maryland. In April, the delegation from public schools in Montgomery County, Maryland, visited China for pickleball exchanges as part of the initiative to invite 50,000 young Americans to China over a five-year span for exchange and study programs. The delegation later wrote a letter to Xi, thanking him for proposing the study and exchange initiative, which was first announced by Xi during his trip to the US in 2023.In the letter, the delegation members described their experiences during their visit to China and their participation in the pickleball exchange program. They said the trip enabled them to forge unforgettable friendships with their Chinese counterparts and that they hope to invite Chinese youths to visit the US.In his reply, Xi congratulated them on the success of their visit to China and said he is very happy to see pickleball become a new bond bridging the youths of China and the US. Xi said that he hopes the delegation members will become a new generation of ambassadors of friendship between the two nations and make greater contributions to enhancing the friendship between the two peoples.Pickleball, a rapidly growing sport in the US, is a hybrid of tennis, badminton and table tennis. From April 10 to 20, the delegation of 44 students and teachers from 13 schools in Montgomery County visited Shanghai, Shenzhen in Guangdong province, and Beijing, according to Xinhua News Agency. "Through pickleball, it is very easy to make friends. It's great for creating bonds that will last forever," Ryan Corkery, a student with the delegation, told Chinese reporters during the trip. "This journey has been amazing," he added. "We have tasted so many new foods, had so many new experiences, everything is just fantastic."Ian Harper, another student with the delegation, said: "It is awesome just seeing both how different everything here is and how much similar it is. I think both of those were really shocking to me. It has been just an incredible, life-changing, amazing, awesome experience."As part of his consistent support for China-US youth exchanges, President Xi and his wife, Peng Liyuan, replied on Jan 1 to a Chinese New Year greeting card from teachers and students of Lincoln High School in Tacoma, Washington, extending best wishes for the Year of the Dragon. Xie Feng, Chinese ambassador to the US, told a cultural event on Jan 11 that nearly 15,000 youths from all 50 US states and Washington, DC, had so far visited China under the initiative to invite 50,000 young Americans to China for exchanges. From Wednesday to July 18, Fuzhou, the capital of Fujian province, and Beijing will provide venues for the Bond with Kuliang: 2025 China-US Youth Choir Festival — another major China-US youth exchange event. The event is expected to bring together outstanding choirs from China and the US, including over 500 young people from US states including Utah, Washington and California.
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Today, we continue our series on China-US climate cooperation with the second half of NewsChina's interview with Former US Climate Envoy Todd Stern. This time, he explains how cross-cultural friendship helped push the Paris Agreement forward, and he brings us up to date on the Sunnylands Statement that was announced in 2023.
Arthur Kroeber is a leading researcher on Chinese tech and macro, a founding partner at Gavekal Dragonomics, and author of "China's Economy: What Everyone Needs to Know." It's the most useful, detailed resource I've found of how China actually works.On this episode, we discuss how China achieved high-tech manufacturing dominance, and where they'll go from here. By Arthur's account, the Chinese government is like a giant VC fund: they decide on key priorities and then spend hundreds of billions of dollars subsidizing ruthless competition at the local level. They are willing to lose huge amounts of money for a few of their bets to pay off: at China's scale, effectiveness matters more than efficiency.There's also a growing bipartisan consensus that we need to combat China's rise. This doesn't make much sense to me. China is a big, powerful country at the frontier in many fields, and its economy is intricately tied in with our own. Being instinctively adversarial is both unsustainable and risky. Arthur and I discuss how we can create a productive, mutually beneficial version of this relationship.Watch on YouTube; listen on Apple Podcasts or Spotify.Sponsors* Scale is building the infrastructure for smarter, safer AI. In addition to their Data Foundry, they recently released Scale Evaluation, a tool that diagnoses model limitations. Learn how Scale can help you push the frontier at scale.com/dwarkesh.* WorkOS Radar ensures your product's free trials go to actual users. Radar uses 80+ signals to distinguish malicious bots from real people, eliminating costly free-tier abuse. See why companies like Cursor, Perplexity, and OpenAI use Radar by visiting workos.com/radar.* Lighthouse is THE fastest immigration solution for the technology industry. They help you understand your options and navigate applications for expert visas like the O-1A and EB-1A. Explore which visa is right for you at https://www.lighthousehq.com/ref/Dwarkesh.To sponsor a future episode, visit dwarkesh.com/advertise.Timestamps(00:00:00) – We should reconcile with China(00:21:21) – BYD, Tesla, & Chinese EV industry(00:36:05) – Will China have a Japan-style financial crisis?(00:44:39) – Local debt situation is manageable(00:57:28) – If CCP is so competent, why isn't China richer?(01:05:08) – How China keeps tech under control(01:33:45) – Does China win AI?(01:43:34) – Communication with China key for AI safety(02:10:08) – What foreigners get wrong about China(02:17:32) – China-US relationship future Get full access to Dwarkesh Podcast at www.dwarkesh.com/subscribe
Today, we continue our series on China-US climate cooperation spotlighting Former US Climate Envoy Todd Stern who discusses secret meetings that helped push the Paris Agreement over the finish line, and the necessity of US-China collaboration to overcome challenges in our global transition to a zero-carbon future.
Timestamps: 0:00 i just think that's so cool 0:12 Nvidia N1x Arm CPU spotted 1:16 Android 16 on Pixels - open source still? 2:43 AI deals, lawsuits, and exploits 4:40 Sharge! 5:27 QUICK BITS INTRO 5:38 Switch 2 sales record, battery bug 6:15 China-US trade agreement 6:51 EVGA mobos borking GPUs 7:18 Google Beam device: HP Dimension 7:49 centipede farming robots, of course NEWS SOURCES: https://lmg.gg/mujzC Learn more about your ad choices. Visit megaphone.fm/adchoices
We dive into the presently shifting capital flow dynamic with David Skilling, Founding Director, Landfall Strategy Group. David’s firm provides insights on global economic, geopolitical, and policy developments to firms, investors, and governments, so we begin by getting a sense of the mood of his clients. We then discuss if the ongoing geoeconomic instability is creating room for Europe and Asia to come closer, even with the China-US complications in place. We then delve into his recent publication, Capital Wars, in which he argues that efforts to rebalance global trade flows will contribute to structural change in global capital flows. We go region by region, from the US to Europe, UK to Japan, and then ending with South-East Asia, to take stock of the likely impact of greater competition for capital at the firm and national levels.See omnystudio.com/listener for privacy information.
June 12, 2025 ~ Dr. Tim Nash, Director of the McNair Center for the Advancement of Free Enterprise and Entrepreneurship discusses the latest inflation report, gives his thoughts on the China/US trade deal frame work.
China and the United States have mapped out a framework to implement their previously reached consensus and bring bilateral trade ties to the right track after concluding two days of "candid and in-depth" talks in London, which analysts said would help de-escalate tensions between the world's two largest economies.While it might still require some patience before a final agreement is reached, analysts said the talks were a good sign in terms of steadying bilateral ties and injecting much-needed certainty into the world economy.He Lifeng, Chinese vice-premier and lead person for China-US economic and trade affairs, said the US should resolve trade disputes with China through equal dialogue and mutually beneficial cooperation, Xinhua News Agency reported on Wednesday.He made the remarks during the first meeting under the China-US economic and trade consultation mechanism, which was held in London from Monday to Tuesday with US lead person Treasury Secretary Scott Bessent, US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer.During the talks, the two sides reached an agreement in principle on implementing the important consensus reached by the two heads of state during their phone call on June 5 and the framework of measures to consolidate the outcomes of the economic and trade talks held last month in Geneva, Switzerland.The trade talks in Geneva led to a temporary truce where China and the US agreed on a 90-day pause on their triple-digit tariffs to allow further negotiations.The White House, however, has since announced a range of negative measures with its new nontariff restrictions, including stopping sales of computer chip design software to China, warning against using chips made by Chinese tech company Huawei and canceling visas for Chinese students.In phone talks held at the request of US President Donald Trump on June 5, President Xi Jinping said the Chinese always honor and deliver what has been promised, urging both sides to make good on the agreement reached in Geneva.In fact, China has been seriously and earnestly executing the agreement, and the US side should acknowledge the progress already made, and remove the negative measures taken against China, Xi added.Ahead of this week's meeting in London, the Chinese Ministry of Commerce said on Saturday that it had approved some applications for rare earth export licenses.Vice-Premier He noted that China's position and stance on China-US economic and trade issues are clear and consistent. The essence of China-US economic and trade relations is mutual benefit and win-win cooperation.Cooperation in the economic and trade realm brings benefits to both sides, while conflict hurts them both, He said, stressing that there are no winners in a trade war, and China does not wish to engage in one, but neither does it fear doing so.The US should work with China to honor its words with actions, and demonstrate sincerity in keeping commitments and concrete efforts to implement consensus, so as to jointly safeguard the hard-won outcomes of dialogue, He said.The two sides should maintain communication and consultation, and steer China-US economic and trade relations toward steady and sustained development, in order to inject more certainty and stability into the world economy, He added."The two largest economies in the world have reached a handshake for a framework," US Commerce Secretary Lutnick said. "Once the presidents approve it, we will then seek to implement it."The positive sentiments among Chinese and US negotiators point to a shared willingness to keep the trade talks afloat and strive for a comprehensive agreement that benefits both economies and the world at large.Gao Lingyun, a researcher at the Chinese Academy of Social Sciences in Beijing, said, "While the road ahead may not be completely smooth, both sides understand the need to navigate their differences and address each other's concerns carefully and responsibly."The progress made during this meeting is creating the conditions for a final agreement that serves the interests of both sides and the stability and prosperity of the global economy, Gao added.Diao Daming, a professor of US studies at Renmin University of China's School of International Studies, said: "The structural complexities behind the China-US relationship are undeniable. Yet, the core of the bilateral economic relationship between China and the US remains mutually beneficial.""Far from diminishing, the scope for shared interests between the two countries is widening amidst global turbulence," Diao said. "Seeking new avenues for cooperation isn't a concession; it's a strategic necessity for both Beijing and Washington."
Thanks for listening to The Morning Five! Please subscribe to and rate The Morning Five on your favorite podcast platform. Learn more about the work of the Center for Christianity and Public Life at www.ccpubliclife.org. Today's host was a guest host, Melissa Wear, Owner of Public Square Strategies. Join the conversation and follow us at: Instagram: @michaelwear, @ccpubliclife Twitter: @MichaelRWear, @ccpubliclife and check out @tsfnetwork Music by: King Sis #politics #faith #prayer #news #China #US #trade #framework #tariff #appealscourt #ICE #protest #immigration #deportation #marines #nationalguard #military #Trump #Newsome #Austria #shooting #massshooting #gunlaws #guncontrol Learn more about your ad choices. Visit megaphone.fm/adchoices
"Three Things You Need to Know"...China-US negotiations...FBI to look into sponsoring ICE protests...textsSee omnystudio.com/listener for privacy information.
Today the Treasury auctioned $38B of 10-year Treasury notes and has two more auctions planned later this week. But what does this mean? Today on the Jon Sanchez Show at 3pm, we will update you on How the U.S. Government Borrows to Fund Its Massive Budget Shortfall as well as the market's reaction to China/US trade deal discussions and more.
China and the United States have over the past two days conducted professional, rational, in-depth and candid exchanges, said a senior Chinese official on Tuesday.中国高级官员周二表示,过去两天,中美双方进行了专业、理性、深入、坦诚的交流。Li Chenggang, China international trade representative with the Ministry of Commerce and vice minister of commerce, made the remarks when briefing the press following the first meeting of the China-US economic and trade consultation mechanism held in London.中国商务部国际贸易谈判代表兼副部长李成钢在中美经济贸易磋商机制首次会议结束后向媒体发表以上言论,该会议在伦敦举行。The two sides have agreed in principle the framework for implementing consensus between the two heads of state during their phone talks on June 5, as well as those reached at Geneva talks, Li said.李成钢表示,双方已原则上就落实两国元首6月5日通话共识以及日内瓦会谈成果的框架达成一致。It is hoped that progress made at the London meeting will be conducive to strengthening trust between China and the United States, and to further promoting the steady and healthy development of economic and trade ties between the two countries, according to him.他表示,希望伦敦会谈取得的进展有利于增进中美互信,进一步推动两国经贸关系稳定健康发展。candid/ˈkændɪd/adj.坦率的,直言不讳的consensus/kənˈsensəs/n.共识,一致意见mechanism/ˈmekənɪzəm/n.机制,体制,运作方式conducive/kənˈduːsɪv/adj.有助于…的,有益于…的
US representatives including US Treasury Secretary Scott Bessent met with China's vice premier and lead trade negotiator He Lifeng in London yesterday. Both sides have temporarily slashed tariffs to allow the talks to progress following President Trump's phone conversation with the Chinese President Xi Jinping last Thursday. As the talks enter day two, US and Asian stock markets are cautiously optimistic. Indeed, the MSCI China Index has now rallied sufficiently to enter a bull market. Meanwhile, the markets will also be watching US inflation data tomorrow for indications regarding the next move by the Fed at their meeting next week. With Bitcoin rallying to less than 2% shy of the record high, Manual Villegas from Next Generation Research joins the podcast with all the latest news on stablecoins and the opportunities and challenges facing those who invest in them.(00:00) - Introduction by Helen Freer (Investment Writing) (00:28) - Markets wrap-up by Bernadette Anderko (Investment Writing) (06:16) - Digital assets – stablecoins by Manuel Villegas (Next Generation Research) (11:46) - Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
In this episode, Scott Becker covers eight key business stories, including renewed China-US trade talks, Apple’s focus on AI, Tesla’s stock dip, and more.
In this episode, Scott Becker covers eight key business stories, including renewed China-US trade talks, Apple’s focus on AI, Tesla’s stock dip, and more.
President Xi Jinping has urged the United States to revoke the negative measures taken against China, and called for Sino-US exchanges across various fields such as diplomacy, trade and economy, military, and law enforcement, in order to foster mutual understanding, reduce miscalculation and enhance cooperation.Xi made the remarks on Thursday during a telephone conversation with US President Donald Trump, which was held at Trump's request. This is the first time the two heads of state held phone talks since the US launched a tariff war on April 2.The US administration imposed high additional tariffs on China, prompting Beijing to take strong countermeasures. In May, the two sides held the first round of high-level economic and trade talks in Geneva, Switzerland, and reached an agreement to pause the implementation of the tariffs for 90 days to allow further negotiations.However, trade negotiations between China and the US were stalled shortly after the Geneva talks. Recently, the US announced imposing restrictions on advanced chip sales to China and revoked visas for Chinese students.During his phone talks with Trump on Thursday, Xi said that recalibrating the direction of the giant ship of China-US relations requires the two sides to take the helm and set the right course, adding that it is particularly important to steer clear of various disturbances and disruptions.He said the high-level trade talks in Geneva were a significant step toward resolving economic and trade issues through dialogue and negotiation, demonstrating that dialogue and cooperation are the only right choice for China and the US to address such issues.Xi called on both sides to make good use of established economic and trade consultation mechanisms, treat each other with equality, respect each other's concerns, and strive for win-win results. He reiterated China's sincerity and principled approach.Underscoring China's commitment to its words and actions, Xi said both sides should honor the agreement reached.China has diligently implemented the agreement following the Geneva talks, and the US side should objectively view the progress that has been made and revoke any negative measures imposed on China, he said.Xi also cautioned the US to handle the Taiwan question prudently, so that fringe separatists bent on "Taiwan independence "are not able to drag China and the US into the dangerous terrain of confrontation, or even conflict.Trump expressed his deep respect for Xi, highlighting the significance of US-China relations. He said the US welcomes China's robust economic growth and believes in the potential for fruitful cooperation between the two nations.Trump affirmed the US' adherence to the one-China policy.He acknowledged the success of the high-level economic and trade talks between the two countries in Geneva, saying the US is willing to work with China to implement the agreement.Trump also said that Chinese students are welcome to study in the US.Xi welcomed Trump to visit China again, for which Trump expressed his appreciation.Both leaders agreed that their teams should continue implementing the points of consensus reached in Geneva and promptly engage in another round of talks.
In this episode of The President's Daily Brief: We'll start things off with the U.S.-China trade truce—hanging by a thread after a series of aggressive moves from the Trump administration. Later in the show—an update on the conflict between India and Pakistan. Both nations have stepped back from the brink of war—but diplomacy remains on ice. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief TriTails Premium Beef: Visit https://TryBeef.com/PDBfor 2 free Flat Iron steaks with your first box over $250 Birch Gold: Text PDB to 989898 and get your free info kit on gold Learn more about your ad choices. Visit megaphone.fm/adchoices
As Donald Trump accuses Beijing of violating the China-US trade deal, we discuss what’s next for the tariff turbulence.See omnystudio.com/listener for privacy information.
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he breaks down today's biggest stories shaping America and the world. Putin Survives Assassination Attempt, Trump Calls Him “Crazy” – Vladimir Putin narrowly escapes a Ukrainian drone strike during a visit to the Kursk region. In response, Russia unleashes its most intense wave of missile attacks on Ukraine to date. Trump reacts by calling Putin “absolutely CRAZY,” signaling a sharp shift in tone. Trump Revives Nuclear Power—but Russia Controls the Fuel – Trump signs executive orders to accelerate U.S. nuclear energy expansion, especially small modular reactors. But a critical fuel—HALEU, is almost entirely sourced from Russia, raising concerns over energy independence and Putin's leverage. EU Trade War Paused as Trump Pushes Anti-China Alliance – After threatening a 50% tariff on EU imports, Trump delays action to July, aiming to secure a broader anti-China trade pact. European reluctance stems from pressure by Beijing and concerns over American economic demands. Trump Downplays U.S. Textile Industry – Trump says America doesn't need to manufacture T-shirts or sneakers—just tanks and chips. But experts and small business leaders argue U.S.-made apparel is critical to economic security, moral supply chains, and affordability. Wells Fargo: It Will Take $3 Trillion to Restore U.S. Industry – A new report estimates that returning U.S. manufacturing to 1970s strength would require $3 trillion in capital investment. Investors want policy consistency from Washington before backing the reshoring revolution. Beef Shortage Ahead: USDA Reports Lowest Supply in Years – Feedlot numbers and cold storage levels hit decade lows. Combined with poor grazing conditions, beef prices are set to rise, just in time for BBQ season. "And you shall know the truth, and the truth shall make you free." – John 8:32
A discussion of trending China news articles published in w/c 12th May. We discuss the outcome of the China-US tariff deal and how no one in China seems to really care. Starbucks is losing out to domestic coffee brands as its lack of strategy and reliance of hollow premium branding fall flat. Also, Xi's success with Latin American and Caribbean countries, and China's role in the India-Pakistan dispute.For the full version please head over to Buy Me a Coffee and consider becoming a supporter today for as little as £5: https://www.buymeacoffee.com/sinobabblepodLinks: https://www.economist.com/china/2025/05/13/a-great-trade-victory-over-america-is-being-celebrated-in-chinahttps://www.globaltimes.cn/page/202505/1334079.shtmlhttps://www.chinadaily.com.cn/a/202505/15/WS682520e7a310a04af22bf58c.htmlhttps://www.scmp.com/business/china-business/article/3310407/starbucks-kicks-process-sell-stake-its-sprawling-china-business-growth-stalls?utm_source=rss_feedhttps://www.channelnewsasia.com/commentary/chagee-mixue-luckin-china-chains-global-success-5086271https://www.chinadaily.com.cn/a/202505/15/WS68252021a310a04af22bf57a.htmlhttps://fortune.com/asia/2025/05/14/colombia-joins-beijing-belt-road-initiative-china-us-fight-control-latin-america/https://www.theguardian.com/world/2025/may/14/pakistans-use-of-j-10c-jets-and-missiles-exposes-potency-of-chinese-armsSupport the showSign up for Buzzsprout to launch your podcasting journey: https://www.buzzsprout.com/?referrer_id=162442Subscribe to the Sinobabble Newsletter: https://sinobabble.substack.com/Support Sinobabble on Buy me a Coffee: https://www.buymeacoffee.com/Sinobabblepod
In this episode of world news… We give you the dope on the pope with special reports from BOTH Rome and Chicago, where the world's first US pontiff comes from. We'll also try to explain India and Pakistan's conflict – the aerial dogfight (which is not at all as cute as it sounds) and ceasefire. China and the US agree on some new, cheaper tariffs. The Australian dog lost on Kangaroo Island is trapped and found – confused? Don't worry, we'll tell you all. And we'll also tell you why those kooky Kiwis love the ugly blobfish.
Truth Be Told with Booker Scott – Over a two-day summit in Geneva, U.S. and Chinese negotiators claimed initial consensus on a trade agreement, pausing escalated tariffs for 90 days to draft a comprehensive final implementing deal. Despite mutual praise for ‘substantial progress,' skeptics highlight China's history of unmet trade commitments since its 2001 WTO entry, urging caution before trusting any promises.
Dan Nathan talks with Peter Boockvar from Bleakley Financial Group about the recent developments in the China-US trade deal and its implications on various markets, including stocks, currencies, and commodities. They delve into the impact of tariff rates, the economic strategies of both countries, and the potential scenarios that could play out over the next few months. Peter highlights China's advancements in technology and manufacturing, and how these changes affect global economic dynamics. They also discuss the potential effects on corporate tax rates, investment strategies, and the broader economic landscape, emphasizing the challenges businesses face in this uncertain environment. The episode concludes with thoughts on the future of the financial markets, the importance of international investments, and perspectives on gold and other assets. Get Peter's Newsletter: https://peterboockvar.substack.com/ —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media
Apple brings a slew of new accessibility features to its devices, and James Thatcher shares what the effect of the China-US tariff pause is likely to be on tech purchases.Starring Jason Howell, Tom Merritt, and James Thatcher.Links to stories in this episode can be found here.
A daily non-partisan, conversational breakdown of today's top news and breaking news stories Headlines: – Welcome To Mo News (02:00) – U.S & China Temporarily Pause Tariffs Ahead Of More Negotiations (07:00) – President Trump Trying To Force Drug Companies To Lower Prices (14:00) – Last American Hostage Held In Gaza Is Free (24:00) – President Trump Says It Would Be “Stupid” To Not Accept Plane From Qatar (28:40) – Major Airlines Set to Meet This Week After More Equipment Failures (34:00) – Republican Plan Would Cut $715 Billion In Medicaid Spending (37:15) – Diddy's Sex Trafficking Trial Underway With Graphic Testimony (40:25) – On This Day In History (42:40) Thanks To Our Sponsors: – LMNT - Free Sample Pack with any LMNT drink mix purchase – Shopify – $1 per-month trial Code: monews – Sonic Power - 20% off | Promo Code: MONEWS – Surfshark - 4 additional months of Surfshark VPN | Code: MONEWS – Industrious - Coworking office. 30% off day pass – Athletic Greens – AG1 Powder + 1 year of free Vitamin D & 5 free travel packs
It's Tuesday, May 13th, A.D. 2025. This is The Worldview in 5 Minutes heard on 125 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Four Christian families evicted in Laos Four Christian families have lost their homes, after being evicted from their village in north-western Laos a week ago. They were forced to leave their possessions behind, and leave their home in the Luang Namtha province in northern Laos, near the border of Thailand. BarnabasAid.org has provided funds to cover the believers' immediate needs for rice, cooking oil, hygiene products, and other essentials. United Kingdom's disturbing euthanasia bill The United Kingdom House of Commons is considering a euthanasia bill. A rather macabre government appraisal has estimated a cost savings of 59.6 million pounds for the killing of 1,000 and 4,500 people per year. The government report also noted other cost savings from the “social care sector and in social security payments.” The bill would allow the killing of a person whom doctors prophesy to only have six months or less to live. Deuteronomy 27:25 speaks to this when the leaders of Israel said, “Cursed is the one who takes a bribe to slay an innocent person. And all the people shall say, ‘Amen!'” Christian clerk, who refused to certify homosexual “marriage,” goes before Supremes Liberty Counsel, a Christian legal advocacy group, will be appealing to the U.S. Supreme Court for Kentucky Clerk Kim Davis of Rowan County. She is arguing that the U.S. Constitution's First Amendment protects her from liability and damages for refusing to issue a “same-sex marriage” license against her religious beliefs. Liberty Counsel Founder and Chairman Mat Staver said that the case “underscores why the U.S. Supreme Court should overturn Obergefell v. Hodges because that decision threatens the religious liberty of many Americans who believe that marriage is a sacred institution between one man and one woman.” Closer to nuclear war today The Bulletin of Atomic Scientists has moved the Doomsday Clock to 89 seconds before midnight. The clock, which estimates the risks of nuclear war, has been in operation for 70 years. During the Cuban Missile Crisis, the clock moved to 7 minutes to midnight. After the fall of the Berlin Wall, the clock moved to 17 minutes. The clock moved to 2 minutes in 2018, and now 89 seconds to midnight in 2025. The organization attributes “profound global instability and geopolitical tension” to the moving of the needle. “King of Kings” animated film makes $65 million The Mormon-owned Angel Studios has succeeded again — with the film “King of Kings,” an animated story of a little boy who takes a journey through events in the life of Jesus. (audio clip of trailer) FATHER: “Our story begins 2,000 years ago, when baby Jesus came into the world.” SON: “Wait, wait, stop. If it's not about a king, then I'm not interested!” FATHER: “This story is about the King of kings.” SON: “Wow!” FATHER: “It has angels and wicked kings and miracles.” SON: “Look at all the fish.” FATHER: “Oh, so you want to hear the story now?” SON: “Uh-huh!” So far, the film has collected $65 million at the box office. That exceeds the Angel Studios' previous box office total of $14 million for the film, “His Only Son” on Abraham's trek to Mount Moriah. Last year's film, “Cabrini,” produced by Angel Studios, was a treatment of the Roman Catholic saint by the name of Maria Francesca Cabrini who established 67 schools and orphanages in New York City in the late 1800s for poor, Italian immigrants. This production earned $21 million at the box office. The Mormon-owned studio's top box office hit was “The Sound of Freedom,” earning $251 million in 2023 — a film on the subject of sex trafficking. The Chief Executive Officer of Angel Studios is Neal Harmon, a Mormon. Tentative trade agreement between China and America U.S. President Donald Trump announced Monday a temporary China-US trade agreement, which would cut U.S. tariffs on Chinese imports from 145% to 30%. China would cut their tariffs on U.S. imports from 125% to 10%. TRUMP: “Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue in the largest structural issues. “That doesn't include the tariffs that are already on, that are our tariffs, and it doesn't include tariffs on cars, steel, aluminum, or tariffs that may be imposed on pharmaceuticals because we want to bring the pharmaceutical businesses back to the United States. They're already starting to come back now, based on tariffs, because they don't want to pay 25%, 50%, or 100% tariffs. So, they're moving them back to the United States. “The talks in Geneva were very friendly. The relationship is very good. We're not looking to hurt China. China was being hurt very badly. They were closing up factories. They were having a lot of unrest, and they were very happy to be able to do something with us. The relationship is very, very good. I'll speak to President Xi maybe at the end of the week.” The deal will operate during a trial period of 90 days. U.S. government debt spirals higher The U.S. government is still on a big spending spree. The U.S. Treasury records a $1.049 trillion budget deficit for the first seven months of fiscal 2025. That's up 23% over a year earlier. Social Security spending is up 9% year-over-year. Outlays reached a record number of $4.159 trillion for the year to date. Gutsy GOP Congresswoman wants to defund Planned Parenthood And finally, Breitbart News reports that Republican Congresswoman Mary Miller of Illinois is behind a move to defund Planned Parenthood's abortion funding through the budget reconciliation process. Miller noted that “abortions made up 97.1% of Planned Parenthood's pregnancy services from 2021-2022, performing nearly 400,000 abortions.” The House Committee on Energy and Commerce released a portion of the proposed bill on Monday, with the provision to strip abortion providers of funding. Mary Miller is a homeschooling mom of seven and grandmother of 20, hailing from the state of Illinois. Proverbs 24:11-12 reminds us, “Deliver those who are drawn toward death, and hold back those stumbling to the slaughter. If you say, ‘Surely we did not know this,' does not He who weighs the hearts consider it? He who keeps your soul, does He not know it? And will He not render to each man according to his deeds?” Close And that's The Worldview on this Tuesday, May 13th, in the year of our Lord 2025. Subscribe for free by Spotify, Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
00:08 — Mouin Rabbani is a nonresident fellow at the Middle East Council on Global Affairs, previously principal political affairs officer with the Office of the UN Special Envoy of the Secretary-General for Syria. 00:33 — Jake Werner, Research Fellow at the Quincy Institute. His research examines the emergence of great power conflict between the US. The post Trump Middle East Tour in Wealthy Gulf Nations; Plus, China-US Trade War Truce appeared first on KPFA.
Thanks for listening to The Morning Five! Thanks for listening, rating/subscribing The Morning Five on your favorite podcast platform. Learn more about the work of CCPL at www.ccpubliclife.org. Michael's new book, The Spirit of Our Politics: Spiritual Formation and the Renovation of Public Life, is now available! You can order on Amazon, Bookshop.org, Barnes & Noble, or at your favorite local bookstore. Join the conversation and follow us at: Instagram: @michaelwear, @ccpubliclife Twitter: @MichaelRWear, @ccpubliclife And check out @tsfnetwork Music by: King Sis #politics #faith #prayer #Ephesians4 #PopeLeoXIV #healthcare #China #US #drugprices #executiveorder #trade #economics #tariffs Learn more about your ad choices. Visit megaphone.fm/adchoices
Connect with Early Riders // Connect with OnrampPresented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.00:00 - China-US Trade Negotiations and Tariffs03:09 - Impact of Treasury Yields on Negotiations06:07 - Bitcoin's Market Dynamics and Predictions08:59 - Bitcoin Treasury Companies: Opportunities and Risks11:49 - Corporate Treasuries and Bitcoin: A New Paradigm17:08 - Mergers and Acquisitions in the Crypto Space20:11 - The Future of Bitcoin Derivatives and ETFs26:50 - Market Sentiment and Institutional Interest29:05 - The Asymmetry of Bitcoin Understanding30:01 - Legislative Challenges and Bitcoin Dominance33:06 - Global Regulatory Landscape and Bitcoin Adoption36:13 - The Value Proposition of Bitcoin vs. Proxy Assets38:58 - Retail Interest and Psychological Barriers42:08 - Building Consumer Applications for Bitcoin44:51 - Emerging Trends in Bitcoin Legislation48:03 - On-Ramping New Users to Bitcoin51:04 - Influencer Impact on Bitcoin PerceptionIf you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly.Links discussed:https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-42.htmlhttps://www.nbcnews.com/politics/congress/senate-vote-advance-crypto-bill-bipartisan-talks-trump-rcna205328https://www.dlnews.com/articles/markets/coinbase-ceo-on-why-the-exchange-didnt-bet-farm-on-bitcoin/https://www.coinbase.com/blog/coinbase-to-acquire-deribit-becoming-the-most-comprehensive-global-crypto-derivatives-platformhttps://www.bis.org/publ/work1265.pdf?utm_mediumKeep up with Michael: X and LinkedInKeep up with Brian: X and LinkedInKeep up with Liam: X and LinkedIn
Sean Farrington hears from a care home owner what a visa ban will mean to his company. And the latest from the China-US trade talks. Will it be back to business as usual?
As the Trump administration heads into a weekend of trade talks with Chinese officials, the President is floating a new tariff rate on Chinese imports: 80%. While it's much lower than the current tariff rate of 145%, it's still far too high for many businesses. We'll get into it. And, a recent legal win for Epic Games could shake up Apple's App Store. Plus, we'll weigh in on mass producing orchids and going cashless during a round of Half Full/Half Empty!Here's everything we talked about today:"DOJ, FTC open inquiry into the concert industry" from The L.A. Times "Fortnite applies to launch on Apple's App Store after Epic Games court win" from CNBC "How Apple Created a Legal Mess When It Skirted Judge's Ruling" from The New York Times "Ahead of China-US talks, Trump says 80% tariff 'seems right'" from Reuters"Revenge RTO: Workers are coming in late, leaving early and stealing snacks as they find small ways to get back at their bosses" from Fortune"Trump Revives Push for Higher Taxes on the Rich" from The New York Times"How the Exotic Orchid Became a Mass-Market Commodity" from The Wall Street Journal "The drawbacks of an increasingly cashless society" from MarketplaceStand up for Marketplace and public media during this critical time. Donate today: https://support.marketplace.org/smart-sn
As the Trump administration heads into a weekend of trade talks with Chinese officials, the President is floating a new tariff rate on Chinese imports: 80%. While it's much lower than the current tariff rate of 145%, it's still far too high for many businesses. We'll get into it. And, a recent legal win for Epic Games could shake up Apple's App Store. Plus, we'll weigh in on mass producing orchids and going cashless during a round of Half Full/Half Empty!Here's everything we talked about today:"DOJ, FTC open inquiry into the concert industry" from The L.A. Times "Fortnite applies to launch on Apple's App Store after Epic Games court win" from CNBC "How Apple Created a Legal Mess When It Skirted Judge's Ruling" from The New York Times "Ahead of China-US talks, Trump says 80% tariff 'seems right'" from Reuters"Revenge RTO: Workers are coming in late, leaving early and stealing snacks as they find small ways to get back at their bosses" from Fortune"Trump Revives Push for Higher Taxes on the Rich" from The New York Times"How the Exotic Orchid Became a Mass-Market Commodity" from The Wall Street Journal "The drawbacks of an increasingly cashless society" from MarketplaceStand up for Marketplace and public media during this critical time. Donate today: https://support.marketplace.org/smart-sn
A daily non-partisan, conversational breakdown of today's top news and breaking news stories Headlines: – Welcome To Mo News (02:00) – Conclave Begins: Who Could Be The Next Pope? (06:25) – Biden Sits Down With The BBC With Some Harsh Words For President Trump (11:50) – Second U.S. Navy Jet in 2 Weeks Is Lost Off the U.S.S. Truman (21:00) – Fed Holds Rate Steady, Sees Risk of Higher Inflation (22:45) – China Says U.S. Asked For Trade Meeting in Switzerland (24:00) – Moderna's Combo Covid And Flu mRNA Shot Outperforms Current Vaccines In Large Trial (25:50) – Apple Plans to Replace Google Search with AI in Safari Browser (27:20) – Disney Announces a Whole New Theme Park and Resort — and It's Not in Florida or California (30:00) – Golden Globes Will Introduce ‘Best Podcast' Category in 2026 (31:30) – On This Day In History (34:15) Thanks To Our Sponsors: – LMNT - Free Sample Pack with any LMNT drink mix purchase – Sonic Power - 20% off | Promo Code: MONEWS – Industrious - Coworking office. 30% off day pass – Aura Frames - $35 off best-selling Carver Mat frames | Promo Code: MONEWS – Athletic Greens – AG1 Powder + 1 year of free Vitamin D & 5 free travel packs
Preview: Colleague Anne Stevenson-Yang comments on what the China-US deal will include for China to deliver -- the ask. More later. 1972 Shanghai CONFUCIUS
Oh boy - Supply Chain Concerns again? Summertime lines - for goods/food? Empty shelves? China factories shutting down. Talks/No-Talks Underway with China/US. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - Now Supply Chain Concerns - Summertime lines - for goods/food? Empty shelves? - China factories shutting down - Talks/No-Talks Underway with China/US - DONE DONE DONE - Lutnick Markets - Capital Raise - Big Boost - ELON - Economics - Big Week - Earnings - The big tech names are on tap - Berkshire annual meeting and earnings this weekend ELON - Elon Musk's xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported. - The funding would value the company at over $120 billion, according to the report. - THIS: The artificial intelligence firm last month acquired X in an all-stock deal that valued xAI at $80 billion and the social media platform at $33 billion. - "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach." - ELON also says that he will be stepping back from DOGE and refocus on TESLA HAHA! FAV STORY! - Tesla reported a $97 million loss due to digital assets, the company's Bitcoin holdings. In the fourth quarter, there was a gain of $270 million. - Tesla now excludes Bitcoin swings from its non-GAAP results. Tesla also backs out stock-based compensation from its adjusted numbers. - That means the Bitcoin gains were included in the company's fourth-quarter adjusted results, and the losses weren't included in the first-quarter adjusted results. - Tesla's report states that the accounting switch was due to the “adoption of the new crypto assets standard.” Powell Under Fire - Update - All is good - no new discussions is helping keep a bid under markets Are Talks Ongoing at ALL? - China says NO - US says YES - Which is it? DONE DONE DONE - Commerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade deal, but said it was not fully finalized and declined to name the country involved. - “I have a deal done, done, done, done, but I need to wait for their Prime Minister and their parliament to give its approval, which I expect shortly,” Lutnick told CNBC's Brian Sullivan. Unusual Winner - With consumer sentiment shrinking and concerns about recession - Travel companies are feeling the pinch - BUT, Travel insurance companies are cashing n on the Cancel for Any Reason Plans - People want to travel but are hesitant as they don't know what will be in the future - therefore buy travel insurance - No pure-play publicly traded stock -- Berkshire Hathaway Travel Protection, Nationwide Amazon White House - The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site. - "This is hostile and political act by Amazon," White House press secretary Karoline Leavitt said at a press briefing. - "Why didn't Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?" Leavitt asked. - Amazon spokesperson tells Washington Post putting tariff rates next to products "was never under consideration for the main Amazon website. - Says Amazon Haul has considered listing import price duties on certain products. ----- What is our take on this? Big Moves - Novo Nordisk and Hims & Hers Health, Inc. (NYSE: HIMS) today announced a long-term collaboration designed to make proven obesity care and treatments more accessible, more affordable, and more connected for millions of Americans.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Mixed Messaging3:13 Japan and South Korea Talks4:06 US Weather and Rains8:06 Fund Positions9:21 Panama Canal10:44 Another Screwworm/Cattle Headline11:54 Flash Sale