
US and China Focus Trade Talks on Rare Earth Materials
Trade talks between the US and China will continue into a second day, according to a US official, as the two sides look to ease tensions over shipments of technology and rare earth elements. Representatives for both nations ended their first day of negotiations in London after more than six hours at Lancaster House, a 19th century mansion near Buckingham Palace. Gracelin Baskaran, Director of the Critical Minerals Security Program at the Center for Strategic and International Studies, discusses the importance of rare earth materials to American defense and economic initiatives. Dr. Baskaran speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
21 minutes ago
- Bloomberg
Albanese Slams Shooting of Australian Journalist at LA Protest
Prime Minister Anthony Albanese has strongly condemned the shooting of an Australian journalist with a rubber bullet during protests in Los Angeles, describing footage of the incident as 'horrific.' Albanese said his government had made representations to the Trump administration over the incident. A video released online showed Nine News reporter Lauren Tomasi being hit with a rubber bullet that appeared to be fired by a police officer while covering the Los Angeles protests on Sunday.


Bloomberg
25 minutes ago
- Bloomberg
Why Trump's Deployment Of Military in California Is So Controversial
President Donald Trump ordered the California National Guard on June 7 to dispatch at least 2,000 soldiers to the Los Angeles area as thousands of people demonstrating against immigration raids clashed with security forces. After vandalism and violence broke out, the Pentagon escalated the federal response by also mobilizing 700 active-duty Marines. The president said on his Truth Social platform that federal agencies were to take 'all such action necessary' to stop what he called 'migrant riots.' The rare move by a president to mobilize military forces to quell domestic unrest was quickly condemned as unnecessary and counterproductive by local authorities, including Los Angeles Mayor Karen Bass and California Governor Gavin Newsom.


Bloomberg
25 minutes ago
- Bloomberg
Europe's IPO Drought Has Stock Exchanges Battling for Listings
As fewer large companies opt to go public in Europe, the region's stock exchanges are fighting harder to win the biggest listings. Stockholm, Amsterdam, Zurich and London recently went head-to-head to vie for Hellman & Friedman's initial public offering of Verisure. The Swedish exchange proved triumphant due to the €20 billion ($22.8 billion) security firm's history in the country and the strength of the local investment community, according to people familiar with the matter.