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BBCNEWS Asia Business Report June 4, 2024 00:31:00

This is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed for artificial intelligence and quantum computing. both sides argue that these bands are neededin argue that these bands are needed in the interest of national security. another issueis national security. another issue is the weakening yuan. china s currency has lost nearly 5% of its value against the us dollar over the past year which makes chinese exports more competitive on the global market. the us has be ....

Treasury Secretary , Essential Components , Trade Restrictions , Smart Phones , Export Bands , Military Equipment , Artificial Intelligence , Quantum Computing , United States Of Critical Technology , National Security , Issueis National Security ,

BBCNEWS World Business Report June 4, 2024 04:36:00

Mueller. it is the first time a treasury secretary mueller. it is the first time a treasury secretary has - mueller. it is the first time a l treasury secretary has visited. trade restrictions. 0ne treasury secretary has visited. trade restrictions. one point of contention is over rare earth metals, central components to make semiconductors which are used in everything from smart phones to militarily equip it. earlier this week, beijing said it would require a special license to obtain two metals predominantly mined in china. this move has seen a retaliation against export bands put in place by the united states, critical technology for artificial intelligence, and quantum computing. both sides argue that these bands are needed in interest of national security. another issue is the weakening currency. the currency has lost nearly 5% of its value against the us dollar over the past year, which makes chinese exports more competitive on the global market. the us has been keeping a close ....

Plus The Global Partnership On Al , Monica Mueller , Treasury Secretary , Smart Phones , Trade Restrictions , China S , Quantum Computing , Critical Technology For Artificial Intelligence , Export Bands , Weakening Currency , National Security , Janet Yellen , Interest Rates , Federal Reserve ,

MSNBC Morning Joe June 4, 2024 11:01:00

Mission by secretary blinken. it happened literally 24 hours later, after i sat down with secretary blinken, after he had met with xi jinping and he felt like relations were in a better place, that they were at least stabilized, so that they could push forward on other issues and try to make some progress. this was also going to create some discussion there in the u.s., among critics of the white house who had said that the biting administration appeared to be delaying decisions, like export bands, or covid origins in order to keep the visit on track, to not have it go off the rail. that was something i push to secretary blinken when i spoke with him on what he would say to those critics. here is what he had to say. what you say to critics who argue that, you pull punches and made trade-offs, like ....

President Xi , Secretary Blinken , White House , U S , Export Bands , Covid Origins , Trade Offs ,

MSNBC Morning Joe June 4, 2024 11:43:00

Some of my colleagues that i have had the chance to talk with, they recognize it, but they still want to push some sort of federal abortion ban. here s what is so crazy about this. when the doc came down, it allegedly respected state s rights. in nevada, we have a law that protects the woman s right to choose. now, my extreme republican counterpart here want to go even further and erode our rights in the state of nevada and go down this path to criminalizing women. you have seen it, talked about it. we have seen so many women whose lives are on the line, because their doctors are too afraid to provide them the essential healthcare they need. think about this, women who have babies, want to get pregnant, have a family, now, their doctor is second- guessing, because of these federal republican laws, what type of medication, medicine they will provide that are essential for these women. literally, the republicans that ....

Export Bands , Federal Abortion Ban ,

MSNBC Morning Joe June 4, 2024 11:03:00

The visit by secretary blinken was seen here among chinese officials as necessary once to get to the ones they really want to see. the commerce secretary, treasury secretary, they are expected to visit here in the next week. these are the people who get to hold the substantial discussions on the economy. they are the gatekeeper on x export bands, technology, the sort of measures that china is looking at to try and shore up its economy with so much evidence pointing to the fact that it is slowing down. whether it will be just more words exchanged over the next 24 hours, as always remains to be seen. janice, this is obviously an extraordinarily complicated relationship, but the one thing i think most international observers understand is, whether they like each other or not, both sides at each other, ....

China S , Secretary Blinken , Commerce Secretary , Export Bands , Gatekeeper On X , Each Other ,