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Clean energy will be critical to winning the AI race with China
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. The writer, a former US Treasury secretary, chairs the Paulson Institute One of the most urgent and under-appreciated energy challenges facing the US is the artificial intelligence race with China. America is in the lead, but Beijing is investing heavily to close the gap. The question for Washington is: can the US stay ahead without a national energy strategy to power it? The energy landscape has changed dramatically in recent…
Hank Paulson: Clean energy will be critical to winning the AI race with China
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. The writer, a former US Treasury secretary, chairs the Paulson Institute One of the most urgent and under-appreciated energy challenges facing the US is the artificial intelligence race with China. America is in the lead, but Beijing is investing heavily to close the gap. The question for Washington is: can the US stay ahead without a national energy strategy to power it? The energy landscape has changed dramatically in recent…
Trump Is Breaking the Rule That Every Barroom Brawler Knows
Provoking your enemies, alienating your friends and actively sabotaging your own defenses is no one’s idea of a sound national security plan. And yet, this is the playbook that President Trump has apparently followed over the first 100 days of his second term. You can see it most clearly in the global fight he kicked off with China. He’s been scrapping for this showdown since before he entered politics, so you’d think that before taking on such a global powerhouse, he’d strengthen every alliance, game out every possible countermeasure and…
Q&A: Donald Trump’s first 100 days
The return of Donald Trump to the White House has brought with it market chaos, trade wars and economic anxiety. International diplomacy has been turned upside down as the US rethinks decades of alliances, while the global trading system has been jolted by unprecedented tariffs. To mark the first 100 days of Trump’s second term on Wednesday we asked readers to share their questions, to be answered by our experts. The questions below may have been lightly edited for sense and some of the names withheld at the request of the correspondent. We…
China seizes disputed reef in the South China Sea
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has seized a disputed reef just kilometres away from the Philippines’ most important military outpost in the South China Sea, raising the risk of a new stand-off between the two rival claimants. The China Coast Guard “implemented maritime control and exercised sovereign jurisdiction” over Sandy Cay this month, the military channel of state broadcaster CCTV reported on Saturday morning. It said coastguard officers had unfurled the Chinese flag to…
Boeing’s return flight highlights America Inc’s exposure to China
For the past seven years, Zhoushan airport near Shanghai has been the delivery point and completion centre for new Boeing jets in China. But on Monday, against the darkening skies of a trade war, one 737 aircraft was heading back to where it came from. Beijing has suspended orders for new jets after tariffs spiralled and Boeing chief executive Kelly Ortberg this week confirmed the company had taken back two planes that were in China due for delivery and is in the process of bringing back a third. The returned…
Trump claims to have received call from Xi and to have cut ‘200 deals’ on trade
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump said Chinese President Xi Jinping had “called” him, despite denials from Beijing that talks to ease trade tensions between the world’s two largest economies had started. The US president also made the claim that he had sealed “200 deals” on trade, even though no such pacts have been announced. “You have to understand, I’m dealing with all the companies, very friendly countries. We’re meeting with China.…
The UK’s underwhelming response to solar supply chain fears
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back. Tensions between environmental and social concerns are nowhere starker than around the booming Chinese solar sector, with its alleged links to human rights violations in the Xinjiang region. This is a particularly…
Engine maker Safran says China is exempting aerospace parts from tariffs
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French jet engine maker Safran said China had granted tariff exemptions for imports of some aerospace parts, even as it warned that the constantly shifting tariff landscape made it difficult to measure the impact on its business. Chief executive Olivier Andriès said China had exempted “any deliveries of engines, nacelles [engine casings], landing gears or parts” from import taxes, adding that it was a sign of the fluidity of the…