Michelle Fleury
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Podcast Appearances
in this debate because people see it on the military side, nuclear weapons, biochemical attacks, cyber attacks.
On the economic side, there's those huge productivity gains.
Whoever controls this technology will have a huge leg up.
And in fact, one of the things the Wall Street Journal, there was an article saying one of the things they might discuss is an AI safety hotline, a way to try and de-escalate things if suddenly you start getting into the red hot zone.
Yeah, I mean, the other big change, of course, is leverage going into this.
If you think about over a year ago, it was America that was deemed to have held all the cards.
But once this tariff war started, the US blinked and China realised they could, in some ways, call America's bluff when it came to tariffs.
Now we're talking about AI.
Again, I think there is this sort of same approach.
How many cars does each side hold?
That is a big shift from where we've been in the past.
Both men want to save face, want to cut deals.
So we might hear lots of announcements about Boeing planes, as you alluded to, or American soybeans being bought.
But managing the tension isn't really the same as solving the problems here.
And all of this is reliant really on the personal chemistry of Xi and Trump to manage this massive rivalry that has huge consequences for all of us.
The bar is so low that as long as this summit ends with nothing else being broken, that is what people are talking about, stability, status quo.
The OECD is attempting to assess the impact of President Trump's trade war in its latest update on the global economy. It concludes that tariffs will be bad for global economic growth and have a significant effect on living standards. Growth in the US is forecast to slow dramatically, according to the Paris-based group, with inflation likely to pick up this year.
The OECD is attempting to assess the impact of President Trump's trade war in its latest update on the global economy. It concludes that tariffs will be bad for global economic growth and have a significant effect on living standards. Growth in the US is forecast to slow dramatically, according to the Paris-based group, with inflation likely to pick up this year.
And the outlook for Canada and Mexico is even worse. President Trump has imposed tariffs on once-close allies like Canada, Mexico and the European Union, as well as rivals like China, with more tariffs expected at the start of April.
And the outlook for Canada and Mexico is even worse. President Trump has imposed tariffs on once-close allies like Canada, Mexico and the European Union, as well as rivals like China, with more tariffs expected at the start of April.