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Jenny Leonard

@jendeben

economic statecraft reporter for Bloomberg News. RTs not endorsements. opinions mine.
Frankfurt on the Main, Germany bloomberg.com Joined October 2014
2.7K Following 16K Followers 9.7K Posts

Latest posts 5

Jenny Leonard @jendeben
NEW: I wrote a deep dive about how unprepared Europe is for the worst case scenario in the Taiwan Strait and how exposed the continent is economically should war break out — a fact that many European officials are not fully aware of. Germany GDP hit: 14%.

bloomberg.com/news/articles/…
www.bloomberg.com The European Union Has a $2 Trillion Taiwan Problem Just before dawn on Jan. 17, a Chinese military drone crossed for the first time into Taiwanese airspace above a disputed coral reef in the South China Sea. The reconnaissance aircraft lingered over...
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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/…
www.bloomberg.com Germany’s First National Security Meeting to Discuss Rare Earths German Chancellor Friedrich Merz is set to discuss the country’s dependence on China’s rare earths at the first meeting of his newly formed national security council, according to people familiar...
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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/…
www.bloomberg.com Trump Set to Make Final Call on China Tariff Truce Extension US President Donald Trump is set to make the final call on maintaining a tariff truce with China before it expires in two weeks, an extension that would mark a continued stabilization in ties between...
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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