Musk never received the briefing after the Pentagon’s acting general counsel intervened. The internal confusion highlights disarray at the top levels of the Defense Department.
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Elon Musk says China’s rare earth export ban may delay Tesla’s humanoid robot
Tesla CEO Elon Musk said China’s suspension of certain rare earth magnet exports is impacting the company’s development of humanoid robots.
In Trade War Clash With Washington, China Refuses to Take the Bait
The Trump administration has been saying that the two countries are engaged in talks to resolve the dispute, but Beijing asserts that no such discussions are happening.
China’s Baosteel Q1 net profit jumps 26.4% on lower costs
China’s biggest listed steelmaker, Baoshan Iron & Steel Co, on Friday reported a 26.4% annual increase in its first-quarter net profit thanks to lower costs, but flagged persistent risks from rising trade tensions.
Conflicting US-China talks statements add to global trade confusion
U.S. President Donald Trump asserted in an interview published Friday that tariff negotiations were underway with China, but Beijing denied any talks were taking place, the latest in a series of …
China criticizes US for ‘recent abuse’ of tariffs
China’s central bank governor on Friday criticized the U.S. for threatening global financial stability with its “recent abuse” of tariffs, in the wake of recent moves seen by both sides as efforts to …
Trump says China’s Xi called him amid ongoing confusion over trade talks
President Donald Trump has said that Chinese President Xi Jinping has called him but did not say if any of those communications took place since he imposed stiff tariffs on the communist nation.
Feds launch probe of UC Berkeley over hiding millions in funding from China, other countries
UC Berkeley raked in $220 million from Chinese government officials to build a campus in the city of Shenzhen.
Shenzhen’s robotics industry surpasses ¥200b in annual output
According to the corporate database Qichacha, as of December 31st, 2024, Shenzhen was home to 74,032 companies involved in the robotics sector. A total of 14,534 new robotics companies were …
Luxury brands under fire: the made in China controversy
Amidst rising import tariffs from the US, the Chinese have taken to TikTok, claiming that many luxury brands and high-end handbags are manufactured in China. MONISKHA GOVENDER spoke to local …
China is ‘caving’ to Trump’s trade war strategy, expert signals
Gatestone Institute senior fellow Gordon Chang believes it’s “a win for Trump” as a “really bad story for Beijing” emerges in the trade tensions between China and the U.S.
How the US and China are rewriting the global monetary system | Carrasco
Markets are whipsawing on tariffs, but are we missing the bigger picture? Fund Manager and commentator Jaime Carrasco joins us with a […] …
China’s latest response on tariffs sends the market reeling
China denied engaging in any tariff negotiation with the U.S. China’s foreign ministry spokesperson said the U.S. should stop creating confusion.