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Podcast: Bloomberg Daybreak: US Edition
Episode: US-China Trade Tensions Flare; US Shutdown Enters Day 14
Description: On today's podcast:1) China has signaled it’s keeping communication channels open with the US after a series of tit-for-tat moves that intensified a confrontation between the world’s two biggest economies. The Ministry of Commerce on Tuesday reiterated “the door is open” to talks even as it defended China’s decision to implement export curbs on rare earths amid escalating trade tensions in recent weeks. The remarks came just hours after Treasury Secretary Scott Bessent said Beijing had failed to respond to US inquiries over the weekend following China’s announcement of export controls on products containing traces of cer...