US and China Trade Talks Impact Tech Ecosystem | Bloomberg Tech 7/29/2025

The article discusses the impact of ongoing trade talks between the US and China on the tech ecosystem. The talks, taking place in Stockholm, are focused on issues such as AI and the sale of rare earths. The article also reports that Apple is shuttering a retail store in China for the first time ever. Additionally, Microsoft and OpenAI are in advanced talks to modify the partnership that contributed to the AI boom. The key points are: 1. US-China trade talks are underway, with potential implications for AI and rare earth elements. 2. Apple is closing a retail store in China, a rare move for the company. 3. Microsoft and OpenAI are renegotiating their partnership, which was crucial for the AI industry's growth. The article provides an overview of the evolving landscape in the tech industry, particularly the potential ramifications of the US-China trade negotiations and changes within major technology companies.