First time in 15 months. Is the latest bitcoin bump here to stay or just another bubble . The clock is ticking on President Trumps next round of china tariffs. A proposed new wave of tariffs set to go into effect as early as next month end half of those and half of the 300 billion of targeted goods are tech related. A new article details how chinas Tech Industry is mostly insulated but there is one area where it is still dependent, very dependent. The semiconductor chip. Over the last decadeplus, china has seen a surge of chip imports that surpasses 300 billion. To further breakdown the effects on tech in both countries, we have bloomberg techs ian king, who covers the chip industry and the coauthor of the aforementioned article. Also with us, global Senior Editor brad stone. Chinas greatest reliance is on semiconductors. How so . Ian esoteric parts like broadcoms switch chip, more common parts like an intel microprocessor, china really cant replicate those yet. They have been trying f
We will take you inside the group that makes decisions. Is the latest bitcoin bump here to stay or just another bubble . The clock is ticking on President Trumps next round of china tariffs. A proposed new wave of tariffs set to go into effect as early as next month end half of those 300 million of targeted goods are tech related. A new article details how chinas Tech Industry is mostly insulated but there is one area where it is still dependent, very dependent. The semiconductor chip. Chinahe last decadeplus, has seen a surge of semiconductor import. We have bloomberg techs ian king, who covers the chip industry and the cooffer of the the coauthor of the fermented article. And we have brad stone. Ian a satiric parts like broadcoms switch chip, more common parts like an intel microprocessor, china really cant replicate those yet. Emily why not . Ian it is difficult. When you are arranging tens of billions of transistors on something the size of a postage stamp, you have to kind of know
Reporter with defense news. What does the Defense Authorization bill and what is in the version, the 2018 version approved by the House Armed Services committee . The House Armed Services passed it, the national Defense Authorization act for 2018 earlier or late last month, and what it is, is the bill the annual defense policy bill. It gets reconciled with the senate version. In this case they authorized about 696 billion in defense budgeting and related policy provisions for the pentagon. So thats 696 billion figure though, it exceeds the cap set in the budget control act. How will congress reconcile that . Well, thats a huge question. The budget cap for defense in this case is a number, it is 549 billion. So what it would take to ease the spending cap is a change in the law and a change in the law takes 60 votes in the senate. 60 votes in the senate takes sena Senate Democrats. So what we know is that Senate Democrats have leverage in this deal, that theyre likely to press for more o
Reporter with defense news. What does the Defense Authorization bill and what is in the version, the 2018 version approved by the House Armed Services committee . The House Armed Services passed it, the national Defense Authorization act for 2018 earlier or late last month, and what it is, is the bill the annual defense policy bill. It gets reconciled with the senate version. In this case they authorized about 696 billion in defense budgeting and related policy provisions for the pentagon. So thats 696 billion figure though, it exceeds the cap set in the budget control act. How will congress reconcile that . Well, thats a huge question. The budget cap for defense in this case is a number, it is 549 billion. So what it would take to ease the spending cap is a change in the law and a change in the law takes 60 votes in the senate. 60 votes in the senate takes sena Senate Democrats. So what we know is that Senate Democrats have leverage in this deal, that theyre likely to press for more o
Reporter with defense news. What does the Defense Authorization bill and what is in the version, the 2018 version approved by the House Armed Services committee . The House Armed Services passed it, the national Defense Authorization act for 2018 earlier or late last month, and what it is, is the bill the annual defense policy bill. It gets reconciled with the senate version. In this case they authorized about 696 billion in defense budgeting and related policy provisions for the pentagon. So thats 696 billion figure though, it exceeds the cap set in the budget control act. How will congress reconcile that . Well, thats a huge question. The budget cap for defense in this case is a number, it is 549 billion. So what it would take to ease the spending cap is a change in the law and a change in the law takes 60 votes in the senate. 60 votes in the senate takes sena Senate Democrats. So what we know is that Senate Democrats have leverage in this deal, that theyre likely to press for more o