Report: US AI companies vulnerable to espionage, sabotage from China
American tech companies have spent billions of dollars in the name of artificial intelligence, but who is making the technology? A new report indicates the U.S. is too reliant on China for components found in some AI models. Brothers Jeremie and Edouard Harris co-founded Gladstone AI, the company behind the report. They join Chris Cuomo to discuss the potential national security threat faced by the U.S. as companies head toward artificial superintelligence. #China #artificialintelligence #nationalsecurity
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New York Post
27 minutes ago
- New York Post
Three cheers for the US-China trade war ceasefire
Yay! High-level US-China talks in London this week reached a trade-war ceasefire, offering some stability for nervous markets. Days of talks, following on President Donald Trump's call with China's Xi Jinping last Thursday, settled on a framework that leaves a 55% US tariff on Chinese goods and a 10% Chinese levy on American imports. Plus, Beijing will ease restrictions on rare-earth exports while Washington will back off on its developing ban on Chinese students attending American universities. Plenty of issues remain: China's key role in world fentanyl production, for one thing; its long history of intellectual-property theft, currency manipulation and so on. Not to mention the outright espionage that so many of those students are dragged into. And of course in the longer term the United States needs to be less dependent on China for rare earths, pharmaceutical precursors and many other critical needs. The two sides are supposed to reach a comprehensive deal by Aug. 10, but at least the summer should be calm. The chaos of on-again, off-again tariffs had led to turbulence in US markets and had mom-and-pop shops bracing for 'the end'; now they can plan at least a couple of months ahead, with solid reason to hope the worst is over. US businesses can adapt to 55% tariffs on Chinese goods, as long as they've got some certainty that the rate will remain stable. Kudos to Treasury and Commerce Secretaries Scott Bessent and Howard Lutnick, the top US negotiators in London, for mastering 'the art of the framework'; let's hope Trump and Xi can close a final deal.
Boston Globe
36 minutes ago
- Boston Globe
Trump hails limited trade agreement with China after talks in London
Advertisement Less than two weeks after accusing China of violating a trade-war truce, Trump on Wednesday had nothing but praise for the Chinese leader. 'President Xi and I are going to work closely together to open up China to American Trade. This would be a great WIN for both countries!!!' the president wrote in a second Truth Social post. Under the renewed truce, the United States will impose a 55 percent tariff on Chinese goods, and China will hit American products with a 10 percent import tax, the president said. Those are both higher rates than before Trump took office, but lower than the triple-digit tariff levels that each nation imposed this spring. US and Chinese negotiators agreed late Tuesday to try again to implement the trade-war truce that collapsed amid recriminations on both sides just weeks after it was reached during an earlier round of talks in Geneva. Advertisement Speaking near midnight in London, Commerce Secretary Howard Lutnick announced what he called a 'handshake' deal to put into effect the terms of the May 12 US-China agreement that called for both nations to lower their tariffs and take additional steps to facilitate trade. 'We have reached a framework to implement the Geneva consensus and the call between the two presidents,' Lutnick told reporters, referring to a June 5 telephone conversation between Trump and Xi. 'I think it's really beneficial to the United States of America. It's very beneficial to the Chinese and the China economy.' Negotiators released no text of either the London framework or the earlier Geneva accord to de-escalate the US-China trade war. But Lutnick said both nations would remove new trade barriers they had erected as the truce broke down. That means China is expected to permit an increased flow of critical materials known as 'rare earths' for auto and defense production. As those shipments increase, the United States will lift measures that it imposed recently 'in a balanced way,' Lutnick said. 'We do absolutely expect that the topic of rare-earth minerals and magnets, with respect to the United States of America, will be resolved in this framework implementation,' Lutnick said. He did not specify which US measures would be lifted in response. But his department has implemented a number of restrictions on exports to China of aerospace technology and advanced semiconductor equipment, which Chinese officials urgently want removed. Lutnick described the diplomatic breakthrough as the first step toward expanding US-China trade, which topped $580 billion last year. The United States buys more than three times as much from China as Chinese customers buy from Americans, a trade deficit that the president has inveighed against for years as a measure of industrial decline. Advertisement 'We have an existing, significant trade deficit, and President Trump's fundamental goal is to reduce the trade deficit and increase trade. So this was the first step of the framework by which we will then approach and discuss growing trade . But first we had to sort of get the negativity out," Lutnick said. Briefing reporters outside Lancaster House, the 19th-century mansion in London's West End that hosted two days of talks, Lutnick credited the involvement of both presidents with producing quick results. 'You have to get things done if you're working for President Trump. I'm sure they felt they had to get it done because they were working for President Xi,' he said. The US delegation also included Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer. Bessent left the talks a few hours early to return to Washington in time to appear before Congress on Wednesday. The Chinese team was led by Vice Premier He Lifeng, a close associate of Xi. In China, Li Chenggang, China's vice commerce minister, said the talks were 'professional, rational, in-depth and candid,' according to Chinese state media, and Beijing hopes the discussions will 'be conducive to increasing trust between China and the United States.' Yao Yang, an economist at Peking University, said the fact that Beijing and Washington engaged in negotiations amid bitter trade tensions is positive. 'The Chinese government's stance has always been, if you want to fight, we are going to take it. But the purpose of fighting is not just for the sake of fighting, it is to prepare for negotiation or to bring the other side to the negotiation table,' he said. Advertisement Yet even as the latest attempt to put US-China relations on a sound footing moved forward, Greer nodded to the long list of issues that divide the two sides. The Trump administration has complained about Chinese policies that fuel what it sees as excess production of manufactured goods, which depress global prices and hurt American factory workers. 'There are some things that the Chinese and US economies, they just don't fit together very well. Other things, maybe they do. And there'll be a time for broader conversations on that,' he said. The 90-day pause on triple-digit tariffs that amounted to a de facto US-China trade embargo expires Aug. 12. In response to a question about prospects for an extension, Greer said that would be up to the president. Further talks are expected, though no date has been agreed to yet. The Trump administration notched a legal win Tuesday when a federal appeals court ruled that many of the tariffs the president imposed on China can remain while the government appeals a lower-court ruling that found they were illegal. The Court of International Trade, a little-known specialized court in New York, ruled last month that Trump exceeded his authority by invoking emergency powers to impose tariffs on imports from China and other nations. The Trump administration quickly appealed and the appeals court temporarily paused the lower court's decision. On Tuesday, it said that pause could stay in place while the appeal was decided. Advertisement 'The court also concludes that these cases present issues of exceptional importance warranting expedited en banc consideration of the merits in the first instance,' the US Court of Appeals for the Federal Circuit said Tuesday. The appeals court said it would expedite the issue and hear arguments July 31.
USA Today
39 minutes ago
- USA Today
How the military parade will impact travel to Washington: Airport closure, flight waivers
How the military parade will impact travel to Washington: Airport closure, flight waivers Show Caption Hide Caption Armored tanks arrive in DC for Trump's military birthday parade As Washington, D.C. prepares for the 250th anniversary of the U.S. Army, armored tanks have begun to arrive ahead of Saturday's celebration. Reagan National Airport (DCA) will close for approximately three and a half hours during the military parade. The closure, affecting arrivals and departures, will occur from 6 p.m. to 9:30 p.m. local time. Several airlines have issued waivers for affected passengers to rebook flights. As Washington gears up for the military parade this weekend, the Federal Aviation Administration clarified the flight restrictions that will be imposed around the city to accommodate its aerial displays. The agency previously announced that Washington Ronald Reagan National Airport would be temporarily closed, but initially did not say for how long. Now, the FAA says the closure is expected to last about three and a half hours. "The FAA will implement traffic management initiatives (TMI) at Ronald Reagan Washington National Airport (DCA) before, during, and after the event to ensure safety and will facilitate a return to normal operations once the event concludes," the agency said in a statement. "During the peak of the celebration, from 6 p.m. to 9:30 p.m. local time, the TMI stops all arrivals and departures at DCA." Airlines had previously said they expect fairly minimal impacts to their schedules, but American, Delta, Southwest, United and Alaska have all issued waivers to give passengers whose flights may be affected the flexibility to rebook. Travel demand holds steady As the city prepares for thousands of people to arrive for the event, travel demand during the time period remains static. Platforms Cirium and HotelPlanner reoport no significant jump in bookings to Washington this weekend. However, travel interest to the nation's capital is up. This past week, Skyscanner found Washington, D.C., to be the most searched domestic destination by American travelers for flights on Thursday and Friday. "While Skyscanner's data is anonymous, we can't say for sure the increase in searches is due to the military parade but it is possible the rising increase in searches is due to the parade announcement on June 6," a Skyscanner spokesperson told USA TODAY in an email. How much are flights to Washington for the parade? Below are one-way flight deals to Washington from major U.S. cities with a departure date of Friday, according to Skyscanner data:
