President Trump met with Chinese leader Xi Jinping in South Korea amid a tense tariff war between the two countries. Trump was upbeat after the meeting in which both sides agreed to trade concessions. We take a look at the state of U.S.-China relations with a former U.S. ambassador to China.
And ahead of that meeting, President Trump signed several rare earth agreements with Asian countries to reduce America's reliance on China. We hear why the U.S. is anxious to find other sources for these minerals and ask if it’s too little too late.
As big companies announce waves of layoffs, lots of workers are worried about AI coming for their jobs. On today’s show, we tune in to part of Kimberly’s recent panel discussion at Aspen Ideas: Economy. President of the AARP Foundation Claire Casey, 1Huddle founder and CEO Sam Caucci, and Union College of Union County New Jersey President Margaret McMenamin share their insights on building a more diverse and resilient labor market in the years ahead. Plus, we hear a listener’s recent win: sewing a historically-accurate dress to sport at the local Renaissance Faire. Nice stitching, Hannah!
President Trump meets with Xi Jinping and agrees to an embarrassingly one-sided trade deal, as the “China Hawks” in the administration cower. Meantime, the government shutdown moves to a more painful phase, with funding for SNAP expiring on Nov. 1. Former Sen. Heidi Heitkamp joins Tim to discuss how the chaos from Trump’s trade wars has already hurt farmers, how Democrats should play their next moves on the shutdown, and her surprising support for Mamdani/Platner style candidates.
The government has been shut down for nearly a month, and millions of people are starting to feel the effects on federal programs like SNAP, WIC, Head Start and more. In the Loop talks with Brightpoint CEO Mike Shaver, Rolling Meadows resident and mother Wendy Mamola and Northwestern professor Terri Sabol about how a prolonged shutdown could impact the early childhood education and other services provided by Head Start.
For a full archive of In the Loop interviews, head over to wbez.org/intheloop.
General elections put the Netherlands back on a centrist course, Ireland elects a leftwing independent candidate as President, and why European leaders are keen to visit Turkey. Then: the world's largest dance music summit in Amsterdam, classical music's most prestigious prize in Stockholm, and 80 years of the Moomins.
The UN’s top humanitarian official has said there must be accountability for those carrying out the killings and sexual violence in Sudan's El-Fasher. Tom Fletcher said people who wanted to leave the city, which was seized by the paramilitary Rapid Support Forces at the weekend, must be allowed to do so safely, and those who remained must be protected. The leader of Sudan's paramilitary Rapid Support Forces has declared an investigation into what he called violations committed by his soldiers, but denies accusations they massacred hundreds of civilians at a hospital in El-Fasher on Tuesday. Also: Jamaica counts the cost of Hurricane Melissa; five more suspects are being questioned by police in Paris after they were arrested in connection with this month's robbery at the Louvre museum in the French capital; the Netherlands swings to the centre in elections at the expense of the far-right Freedom party; and Universal Music Group has struck an unprecedented licensing deal with an artificial intelligence music generation startup to launch an AI creation platform.
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Plus: BlackRock and other lenders seek to recover $500 million, saying they fell victim to fraud. And Hurricane Melissa barrels through the Bahamas after devastating Jamaica and Cuba. Zoe Kuhlkin hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
President Trump lowers tariff on China after meeting with Xi.
President Donald Trump said U.S. tariffs on China would be lowered to 47% from 57% after meeting with his Chinese counterpart Xi Jinping on Wednesday. Trump also said the rare earths issue has been settled and there would be no more roadblocks on them. How did bitcoin react to the trade deal and Fed decisions?
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Taylor Fleming.