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Quantum Computing Explored to Reduce U.S. Reliance on China's Rare Earth Supply Chain

Quantum Computing Explored to Reduce U.S. Reliance on China's Rare Earth Supply Chain

Quantum Computing Explored to Reduce U.S. Reliance on China's Rare Earth Supply Chain
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Congresswoman Kristen McDonald Rivet Urges Trump Administration to Prioritize AI Cooperation and Safety Ahead of China Summit

Congresswoman Kristen McDonald Rivet Urges Trump Administration to Prioritize AI Cooperation and Safety Ahead of China Summit

Congresswoman Kristen McDonald Rivet has sent a letter to Trump Administration officials, urging them to prioritize negotiations on AI-related safety practices during an upcoming summit between President Trump and Chinese President Xi Jinping. The summit, scheduled for Thursday in Washington, is expected to cover various issues, including the future of artificial intelligence. McDonald Rivet emphasized the need for common-sense regulations to protect American jobs, safety, and opportunities as the U.S. and China compete for leadership in AI development. She stressed that such regulations must be implemented on a global scale and called on President Trump to engage firmly with President Xi to establish universal rules for AI that safeguard American security and economic interests. This initiative is part of her broader efforts to establish guardrails on artificial intelligence and data center development.
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Treasury Secretary Scott Bessent Leads Negotiations for New U.S.-China Trade Framework

Treasury Secretary Scott Bessent Leads Negotiations for New U.S.-China Trade Framework

Treasury Secretary Scott Bessent has successfully led negotiations that resulted in a new trade framework between the United States and China in October 2025. This development follows his nomination by President Trump for Treasury Secretary on November 22, 2024, and his subsequent confirmation by the Senate on January 27, 2025, with a vote of 68 to 29. Bessent, a former hedge fund manager who founded Key Square Group, has been a close economic adviser to President Trump's campaign, raising significant funds. The new trade framework includes several key agreements: Beijing has committed to halting the flow of precursor chemicals used to make fentanyl, agreed to major new purchases of American soybeans and farm goods, and consented to delay new export controls on rare earth elements. This agreement has also removed the threat of another round of steep tariffs between the two nations. Bessent's appointment and subsequent actions mark a significant shift in U.S. economic policy, particularly concerning trade r...
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Nth Cycle Secures $1 Billion Recycled Minerals Supply Deal with Glencore, Boosting U.S. Battery Recycling

Nth Cycle Secures $1 Billion Recycled Minerals Supply Deal with Glencore, Boosting U.S. Battery Recycling

Nth Cycle Secures $1 Billion Recycled Minerals Supply Deal with Glencore, Boosting U.S. Battery Recycling
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US will make up to $7 billion in loans to help Trump ally Milei tap Argentina’s oil and minerals

US will make up to $7 billion in loans to help Trump ally Milei tap Argentina’s oil and minerals

The Trump administration wants to put billions of dollars into Argentina’s energy and mining industries
ReutersReuters
US open to extending China trade truce, or bigger deal, Bessent says after meeting with He

US open to extending China trade truce, or bigger deal, Bessent says after meeting with He

By Andrea Shalal WASHINGTON, Sept 23 (Reuters) - The United States is open to extending the US-China trade truce that expires on November 10 or considering a possibly larger trade deal, US Treasury Secretary Scott Bessent said on Wednesday as he left a meeting with Chinese Vice Premier He Lifeng to
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CBP Seizes Undervalued Auto Parts and Dehumidifiers Imported with Stolen Identities

CBP Seizes Undervalued Auto Parts and Dehumidifiers Imported with Stolen Identities

CBP Seizes Undervalued Auto Parts and Dehumidifiers Imported with Stolen Identities
ReutersReuters
US Treasury's Bessent, China's He to meet on 'unfinished business' before Trump-Xi summit

US Treasury's Bessent, China's He to meet on 'unfinished business' before Trump-Xi summit

By Andrea Shalal WASHINGTON, Sept 23 (Reuters) - US Treasury Secretary Scott Bessent said on Wednesday that he and Chinese Vice Premier He Lifeng were meeting for a second time this week to clear up "unfinished business" ahead of the summit between US President Donald Trump  and Chinese President Xi
ReutersReuters
US, China agree to extend trade truce by two months, work on bigger deal, Bessent says

US, China agree to extend trade truce by two months, work on bigger deal, Bessent says

By Andrea Shalal WASHINGTON, Sept 23 (Reuters) - The United States and China have agreed to extend by two months a trade truce that was due to expire on November 10, allowing more time to work on a potentially bigger trade deal, US Treasury Secretary Scott Bessent said on Wednesday.
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Senator Elissa Slotkin and Auto Industry Groups Warn President Trump Against Welcoming China's BYD to U.S. Manufacturing

Senator Elissa Slotkin and Auto Industry Groups Warn President Trump Against Welcoming China's BYD to U.S. Manufacturing

Senator Elissa Slotkin, alongside various auto industry groups, has issued a warning to President Trump regarding the potential implications of allowing China's BYD to establish manufacturing operations in the United States. This concern arises as Chinese President Xi Jinping is scheduled to visit Washington. The core of the apprehension centers on the competitive threat BYD, a major Chinese electric vehicle manufacturer, could pose to domestic automakers and the broader U.S. auto industry. The groups are urging President Trump to consider the long-term economic and strategic consequences of such a move, emphasizing the importance of protecting American jobs and technological leadership in the automotive sector. The discussions highlight a growing tension between fostering international business relations and safeguarding national economic interests, particularly in critical manufacturing industries.
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U.S. Lawmakers Propose AI Safety Framework and Crisis Hotline with China

U.S. Lawmakers Propose AI Safety Framework and Crisis Hotline with China

U.S. Representatives Sam Liccardo and Kevin Kiley of California have introduced legislation aimed at establishing binding and verifiable artificial intelligence (AI) safety safeguards with China. The proposal includes the creation of a direct crisis hotline between the two governments to facilitate coordination on risks stemming from advanced AI systems. This framework seeks to remove legal barriers that currently prevent American AI safety experts from engaging in specific discussions with their Chinese counterparts. The legislation would also mandate the State Department and other administrative bodies to negotiate safeguards covering critical areas such as AI model testing, independent audits, transparency, incident reporting, and compliance verification. Representative Liccardo emphasized that significant technical work, including forging shared safety metrics and rigorous evaluation protocols, is necessary before political negotiations can effectively proceed. The State and Commerce departments would ...
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Tech leaders to UN: For the sake of humanity, please control the AI technology we created

Tech leaders to UN: For the sake of humanity, please control the AI technology we created

The heads of major artificial intelligence firms pleaded with the United Nations to set controls over the burgeoning technology they are designing in order to save the world — or at least its people