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US, China resume trade talks focused on rare earths

US and China to resume trade talks in London, focusing on rare earths amid ongoing tensions and tariff disputes.

Published

6 months ago

June 9, 2025

Ahron Young

US and China to resume trade talks in London, focusing on rare earths amid ongoing tensions and tariff disputes.

In Short:
The US and China will resume trade talks in London, focusing on rare-earth minerals and technology amid rising trade tensions and failed tariff agreements. Both nations hope to negotiate terms that could ease tensions, although there are concerns about reaching substantial agreements before the impending tariff deadline in August.

The US and China will resume trade talks in London on Monday, focusing on rare-earth minerals and technology following a recent conversation between President Trump and President Xi.

Tensions increased as both nations blamed one another for failing to uphold agreements made in Geneva to lower tariffs, which had escalated over 100%. Trump expressed optimism about the upcoming meeting, citing an agreement on critical minerals.

China announced it had approved certain rare-earth export applications but did not clarify details. The US aims to restore the flow of these minerals used in essential technology.

Chinese retaliation

Trade tensions have risen this year, with increased tariffs from Trump prompting Chinese retaliation. The Geneva deal aimed to ease these tensions, but subsequent discussions faltered, resulting in complaints from both sides about disruptions.

In London, US Treasury Secretary Scott Bessent and other officials are set to meet with Chinese Vice Premier He Lifeng. Lutnick’s involvement suggests a potential reassessment of technology restrictions affecting China’s growth.

While the call between Trump and Xi sparked hope on Wall Street, optimism about reduced tariffs remains cautious. The deadline for US tariff respite is in August, prompting concerns about a return to higher rates if no agreements are reached.

News

SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Published

1 day ago

December 12, 2025

Harvey Vargas

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech

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Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Published

1 day ago

December 12, 2025

Harvey Vargas

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates

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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

Published

1 day ago

December 12, 2025

Harvey Vargas

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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