Morning Brew Daily Boeing Caught in US-China Crossfire & Zuckerberg Takes The Stand
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Apr 16, 2025 Explore the latest U.S.-China trade tensions, with China halting rare earth metal exports impacting Boeing deliveries. Mark Zuckerberg faces scrutiny during his FTC trial over 'smoking gun' emails. Meanwhile, Hermès overtakes LVMH in market cap, signaling shifts in luxury markets. In a surprising twist, Jack Dorsey and Elon Musk advocate for the deletion of outdated IP laws. Plus, American Airlines rolls out free Wi-Fi and a unique career transition from baseball to photography is discussed!
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China's Trade War Levers
- China halted Boeing deliveries and rare earth metal exports, impacting technologies from EVs to missiles.
- China controls a significant portion of the rare earth metal market, making this a powerful lever in trade negotiations.
China's Strategic Advantage
- China's actions are a powerful demonstration of its leverage in trade negotiations with the US.
- These actions significantly impact Boeing, a major US exporter, and rare earth metal supply chains.
Zuckerberg's Emails
- Mark Zuckerberg's old emails revealed his intention to neutralize Instagram as a competitor.
- He also internally suggested spinning off Instagram, anticipating future antitrust issues.