World Business Report Are US-China relations back on track?
Jun 27, 2025
The recent trade deal between the US and China aims to enhance the flow of strategic minerals, signaling a potential easing of relations. Brazil’s Supreme Court now holds social media platforms accountable for illegal user posts, raising the stakes for Big Tech. Meanwhile, Microsoft bids farewell to the infamous blue screen of death after 40 years, showcasing advancements in system reliability. Plus, Xiaomi surges in the electric vehicle market with its U7 model, outpacing Tesla in pre-orders, while tensions in the Strait of Hormuz threaten global oil transport.
AI Snips
Chapters
Transcript
Episode notes
Strategic Importance of Rare Earths
- Rare earth minerals are crucial for US defense and EV manufacturing but China dominates their supply chain.
- The recent US-China trade deal aims to ease supply bottlenecks and formalize a faster approval process for shipments.
Trade Deal: First Step Only
- The US-China agreement is a strategic step, not a full reopening of trade.
- It reduces tensions and boosts investor confidence but real impact depends on implementation.
US-China Trade Dynamics
- The US-China dance over tariffs and rare earths began in May with attempts to de-escalate tensions.
- Both economies remain intertwined, making cooperation crucial despite differing national interests.