Bloomberg News Now June 8, 2025: National Guard Deployed to LA, US-China Talks to Resume, More
Jun 9, 2025
Protests erupt in Los Angeles over immigration raids, revealing tensions between law enforcement and demonstrators while highlighting a rift between Governor Newsom and President Trump. The nuances of U.S.-China trade talks come under scrutiny, especially regarding rare earth minerals critical to supply chains. Meanwhile, tech giants like Meta consider investments in AI, and Elon Musk navigates the complexities of political and financial landscapes.
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Tensions Over Troop Deployment
- The deployment of National Guard troops and potential Marines in LA highlights federal-local tensions during immigration raids.
- Governor Newsom and President Trump clash over responsibility and control of the troops.
Rare Earth Minerals Focus
- Rare earth minerals are a crucial focus in US-China trade talks, reflecting broader supply chain concerns.
- The US aims to increase domestic capacity despite current limitations.
Scale AI's Role in AI Boom
- Scale AI's quality data labeling is key to generative AI progress and model accuracy.
- Meta prioritizes AI investment, already collaborating with Scale AI on military projects.