Jenny Leonard

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Jenny Leonard

Jenny Leonard

@jendeben

economic statecraft reporter for Bloomberg News. RTs not endorsements. opinions mine.

Frankfurt on the Main, Germany Beigetreten Ekim 2014
2.7K Folgt16.4K Follower
Jenny Leonard
Jenny Leonard@jendeben·
New: Germany's newly formed national security council is holding its inaugural meeting next Wednesday. German Chancellor Merz and his ministers are set to discuss the country’s dependence on China’s rare earths, among other issues. bloomberg.com/news/articles/…
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Jenny Leonard
Jenny Leonard@jendeben·
News: @USTradeRep Greer will join @SecScottBessent for China talks in Madrid next week, per US official. Treasury said earlier they will discuss “key national security, economic, and trade issues of mutual interest, including TikTok and cooperating on money laundering networks.”
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Jenny Leonard
Jenny Leonard@jendeben·
USTR Greer didn’t hide his annoyance with China’s chokehold on rare earths and made it clear to his counterpart today. “We don't ever want to talk about magnets again,” he said. “We just want to have the magnets flowing as they're supposed to be flowing.” bloomberg.com/news/articles/…
Jenny Leonard@jendeben

After two days of talks in Stockholm that ended without the announcement of a new truce, I asked @USTradeRep what the biggest concession is China’s made in trade talks so far. “Well, I would say they blocked all of their rare earth magnets, and now we're getting them,” he said.

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Jenny Leonard
Jenny Leonard@jendeben·
After two days of talks in Stockholm that ended without the announcement of a new truce, I asked @USTradeRep what the biggest concession is China’s made in trade talks so far. “Well, I would say they blocked all of their rare earth magnets, and now we're getting them,” he said.
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Jenny Leonard
Jenny Leonard@jendeben·
Update: The trip is off. President Lai’s office says in a statement: “considering the recovery from the recent southern typhoon, reciprocal tariffs with the United States, and regional situations, the President has no plans for overseas visits in the near future.”
Jenny Leonard@jendeben

NEWS: As Stockholm talks between the US and China are set to begin within the hour, the Trump team is debating not allowing Taiwan’s president to transit the US next week — out of fear it could derail trade talks and his potential meeting with Xi Jinping. bloomberg.com/news/articles/…

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Jenny Leonard
Jenny Leonard@jendeben·
NEWS: As Stockholm talks between the US and China are set to begin within the hour, the Trump team is debating not allowing Taiwan’s president to transit the US next week — out of fear it could derail trade talks and his potential meeting with Xi Jinping. bloomberg.com/news/articles/…
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Rapid Response 47
Rapid Response 47@RapidResponse47·
🚨 New coal mine coming to Tennessee: "The process was sped up through new environmental review procedures... after @POTUS declared a National Emergency earlier this year." "The company is expected to produce up to 1.8 MILLION tons of coal over the next 10 years."
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Mackenzie Hawkins
Mackenzie Hawkins@mackhawk·
Trump has dialed down his confrontational tone with China in an effort to secure a trade deal & a meeting with Xi, according to people familiar with internal deliberations: bloomberg.com/news/articles/… @jendeben
Mackenzie Hawkins tweet media
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donato
donato@donatopmancini·
New: BlackRock halted its search for investors to back a multibillion-dollar Ukraine recovery fund earlier this year after Trump's return saw the US sour on Kyiv. The fund was originally meant to be unveiled next week at the Ukraine recovery conference in Rome. With @jendeben @kehnscherper @darynakrasno et al. bloomberg.com/news/articles/…
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Mackenzie Hawkins
Mackenzie Hawkins@mackhawk·
TSMC has discussed building an advanced fab in the UAE w officials in the Trump admin — specifically Steve Witkoff — as well as MGX, a major investment vehicle in the Gulf nation Talks began under Biden, died down, & picked back up under Trump @jendeben bloomberg.com/news/articles/…
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Mackenzie Hawkins
Mackenzie Hawkins@mackhawk·
Sacks on Trump admin rifts over natsec implications of Gulf AI chip deals: "Does China wish it had made these deals? Yes of course it does. But President Trump got there first and beat them to the punch" @jendeben & my story here, updated w his comments: bloomberg.com/news/articles/…
David Sacks@DavidSacks

I’m genuinely perplexed how any self-proclaimed “China Hawk” can claim that President Trump’s AI deals with UAE and Saudi Arabia aren’t hugely beneficial for the United States. As leading semiconductor analyst Dylan Patel observed, these deals “will noticeably shift the balance of power” in America’s favor. The only question you need to ask is: does China wish it had made these deals? Yes of course it does. But President Trump got there first and beat them to the punch.

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Mackenzie Hawkins
Mackenzie Hawkins@mackhawk·
NEW: Trump officials including David Sacks say this week's spate of AI chip deals in the Gulf boosts US natsec & economic interests Other senior admin officials strongly disagree @jendeben & I have details on the talks, based on around a dozen interviews bloomberg.com/news/articles/…
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Mackenzie Hawkins
Mackenzie Hawkins@mackhawk·
New: A possible US-UAE chip deal could see the Gulf nation purchase more than a million advanced Nvidia processors 20% would be for G42, which has drawn scrutiny in DC over China ties. Rest for US firms building capacity in UAE @jendeben @BenBartenstein bloomberg.com/news/articles/…
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Mackenzie Hawkins
Mackenzie Hawkins@mackhawk·
NEW: @jendeben & I wrote about the tech giants & foreign leaders trying to shape Trump’s global chip strategy, as the US nears a compliance deadline for trade rules that could redefine tech statecraft Trump team is far from a consensus on how to proceed🧵 bloomberg.com/news/articles/…
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Jenny Leonard
Jenny Leonard@jendeben·
UAE’s Sheikh Tahnoon is having dinner with @POTUS at the WH tonight, @annmarie reports. The meeting comes as the country is seeking to sway the Trump admin to get easier access to Nvidia AI chips. The UAE has spent lots of $ to become a regional powerhouse for AI development.
Annmarie Hordern@annmarie

NEWS— Trump is expected to host Sheikh Tahnoon for dinner tonight at the White House, sources tell me. The UAE’s national security adviser and brother of the nation’s president is slated to speak to Trump about a range of issues, such as investments, technology & energy.

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Annmarie Hordern
Annmarie Hordern@annmarie·
NEWS— President Trump’s envoy to the Middle East, Steve Witkoff, plans to visit Moscow for a meeting with President Putin, people familiar tell me and @jendeben.
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Annmarie Hordern
Annmarie Hordern@annmarie·
News— Treasury Secretary Scott Bessent is set to travel to Ukraine this week as part of initial discussions to secure US access to critical minerals, sources tell @nat_droz, @jendeben and me.
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Jenny Leonard
Jenny Leonard@jendeben·
Asked whether he will restrict more Nvidia chips going to China, Trump tells reporters: "I can't say what's going to happen. But eventually we're going to put tariffs on chips." He talked from the Oval Office right after his first meeting w/ Nvidia CEO Jensen Huang.
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Entdecken

@USTradeRep @SecScottBessent @POTUS @kehnscherper @darynakrasno @BenBartenstein @annmarie @nat_droz