BusinessGovernmentTechnology

US-China Trade Talks Begin Amid Rare Earths Tensions

US and Chinese officials have initiated critical trade talks in Kuala Lumpur ahead of Thursday’s Trump-Xi summit. The negotiations come as Beijing implements rare earths export controls and Washington threatens additional 100% tariffs, raising concerns about renewed trade war escalation between the world’s largest economies.

High-Stakes Negotiations Underway

Senior US and Chinese officials have reportedly begun crucial trade discussions in Malaysia, setting the stage for what analysts describe as a make-or-break summit between Presidents Donald Trump and Xi Jinping later this week. According to sources familiar with the matter, Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are leading negotiations in Kuala Lumpur that could determine whether the world’s two largest economies can avoid a full-scale trade war resumption.

BusinessStartupsTechnology

Trump-Linked Crypto Firm Alt5 Sigma Abruptly Suspends CEO Amid Stock Plunge

Alt5 Sigma has suspended CEO Constantine Tassiopoulos amid a 74% stock decline and a controversial $1.5 billion crypto partnership with Trump’s World Liberty Financial. The firm provided no explanation for the leadership change, raising questions about the future of the high-profile alliance.

Leadership Shakeup Follows Steep Stock Decline

Alt5 Sigma Corporation has reportedly suspended CEO Constantine Tassiopoulos without explanation, according to SEC filings reviewed by financial analysts. The suspension comes as the company’s stock (NASDAQ: ALTS) closed at $2.19 on the day of the announcement, representing a dramatic 74% decline from the $8.42 price when the Trump-linked partnership was initially revealed. Sources indicate the stock has continued to struggle, closing at $2.07 in subsequent trading.