US, China open high-level talks ahead of Trump-Xi summit

OK THIS IS THE LAST ONE I SWEAR BUT TARIFFS LITERALLY HIT TRIPLE DIGITS BEFORE GETTING CAPPED AT TWENTY PERCENT WHICH IS ABSOLUTELY WILD AND NOW TOP US AND CHINESE OFFICIALS ARE MEETING AT JPMORGAN HEADQUARTERS IN MANHATTAN TO CLEAR THE WAY BEFORE TRUMP HOSTS XI JINPING AT THE WHITE HOUSE IN FOUR DAYS AND THE THING IS TREASURY SECRETARY SCOTT BESSENT AND VICE PREMIER HE LIFENG ARE TALKING ABOUT TRADE AND ARTIFICIAL INTELLIGENCE GUARDRAILS AND CRITICAL MINERALS BECAUSE WASHINGTON SAYS BEIJING HAS NOT BEEN UP TO PAR ON DELIVERING RARE-EARTH MAGNETS WHICH IS WILD BECAUSE THEY ALSO HAVE TO DEAL WITH CHINESE OIL PURCHASES FROM IRAN SO ANALYSTS SAY NEITHER SIDE IS ON THE VERGE OF A HUGE BREAKTHROUGH AND THE WHOLE GOAL IS JUST KEEPING TENSIONS CONTAINED UNDER A TRUCE. ANYWAY I WILL SEND YOU THE LINK TOMORROW.

I HAVE BEEN THINKING ABOUT THIS ALL DAY BECAUSE TOP US AND CHINESE OFFICIALS SAT DOWN RIGHT INSIDE JPMORGAN CHASE HEADQUARTERS IN MANHATTAN WHICH SHOWS YOU HOW MASSIVE THE FINANCIAL STAKES ARE AND TREASURY SECRETARY SCOTT BESSENT AND TRADE REP JAMIESON GREER ARE MEETING VICE PREMIER HE LIFENG TO PREP FOR TRUMP HOSTING XI JINPING IN FOUR DAYS AND THE THING IS THEY ARE DEBATING AI GUARDRAILS FOR OPEN AND CLOSED-WEIGHT MODELS TO STOP RISKS FROM MALIGN NON-STATE ACTORS WHICH IS WILD BECAUSE US FIRMS ARE ACTUALLY USING CHEAPER CHINESE MODELS OVER OPENAI AND ANTHROPIC BUT WASHINGTON IS ALSO PRESSURING BEIJING OVER BUYING IRANIAN OIL DURING A WAR SO ANALYSTS SAY NEITHER SIDE IS ON THE VERGE OF A BREAKTHROUGH AND THE BEST OUTCOME MIGHT SIMPLY BE KEEPING TENSIONS CONTAINED UNDER A TRUCE.

US and Chinese economic officials met in New York to negotiate trade, artificial intelligence, and critical minerals ahead of a summit between Donald Trump and Xi Jinping.

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