Yellen Goes To China, Threads Take On Tweets, America Needs Its Charge

2023-07-06 00:14:26

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4Speaker 4
00:02.12 – 00:07.06

Treasury Secretary Janet Yellen says the U.S. and China need to find a way to work together.

5Speaker 5
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Today she's Washington's latest emissary to Beijing, trying to ease tensions with talk.

4Speaker 4
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I'm Michelle Martin, that's Rob Schmitz, and this is Up First from NPR News.

00:18.12 – 00:21.48

The U.S. wants to lead the climate fight with electric vehicles,

00:21.58 – 00:24.46

but where will drivers plug them in when they're on the road?

00:24.74 – 00:27.04

Clearly we need more high-speed chargers.

00:27.04 – 00:30.20

We look at the state of the country's EV charging infrastructure.

5Speaker 5
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Plus, Facebook's parent company is competing for the hearts of Twitter users.

00:34.62 – 00:39.04

Will Mark Zuckerberg's threads succeed in taking on Elon Musk's Twittersphere?

00:39.56 – 00:42.56

Stay with us, we'll give you the news you need to start your day.

2Speaker 2
01:09.58 – 01:13.46

Christian nationalists want to turn America into a theocracy,

01:13.88 – 01:16.10

a government under biblical rule.

01:16.80 – 01:20.44

If they gain more power, it could mean fewer rights for you.

01:21.16 – 01:24.40

I'm Heath Drewsen, and on the new season of Extremely American,

01:24.40 – 01:26.56

I'll take you inside the movement.

01:27.46 – 01:32.84

Listen to Extremely American from Boise State Public Radio, part of the NPR network.

5Speaker 5
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Treasury Secretary Janet Yellen is the second U.S. Cabinet official to visit Beijing in a month.

01:39.10 – 01:41.48

On the heels of a trip by Secretary of State Antony Blinken,

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Yellen has an agenda that includes meetings with China's new premier

01:44.54 – 01:47.18

and other top officials who have a hand in the economy.

4Speaker 4
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The last time a U.S. Treasury Secretary visited China, Washington and Beijing were in a trade war.

01:52.46 – 01:55.74

Since then, the trade relationship is even more strained.

01:56.06 – 01:59.88

So can the U.S. and China compete while they also cooperate?

5Speaker 5
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NPR's international correspondent Emily Fang has been following all of this from Taiwan.

02:04.92 – 02:05.52

Good morning, Emily.

3Speaker 3
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Good morning.

5Speaker 5
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So what does Yellen hope to achieve with this trip, and what's she up against?

3Speaker 3
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Well, she's up against a lot, and I'm having a little bit of deja vu, actually,

02:16.10 – 02:19.10

because I started reporting on China for NPR in 2019,

02:19.10 – 02:23.66

and as you mentioned, the trade war was in its most intense period at that point.

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But all the issues that Yellen is up against are from that time period,

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and Chad P. Bowne has been tracking those tariffs that were imposed during that trade war.

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He's a trade expert at the Peterson Institute for International Economics in Washington, D.C.,

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and almost four years later, as Yellen lands in China today, he says this.

2Speaker 2
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The U.S.-China trade relationship is basically unchanged.

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None of the tariffs that were imposed or that were in place

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as of when President Trump's phase one agreement went into effect, none of those have been removed.

3Speaker 3
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That's because the Biden administration chose to keep these 25 percent tariffs on Chinese goods

03:01.70 – 03:03.14

coming to the U.S. and vice versa.

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And so Yellen faces all these old challenges, and on top of that, you have new sources of friction,

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for example, American export controls to prevent China from getting certain advanced semiconductor technology.

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And so Bowne says Yellen needs to talk about not just trade imbalances now with China,

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but also national security concerns.

2Speaker 2
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When President Trump was conducting his trade war,

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it seemed to just be all about the U.S.-China economic relationship in trade.

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Now it's not. Now it's about geopolitical conflict, military conflict, potentially Taiwan, Hong Kong.

5Speaker 5
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Wow, there are so many things that the two sides disagree on.

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What can the U.S. and China agree on?

3Speaker 3
03:41.66 – 03:44.58

Well, at least they both say they want to talk.

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But again, American officials are really downplaying expectations for her trip.

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They say this is just to maintain contact so the two sides understand each other,

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even if they disagree with each other.

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Yellen's also in China this week to try to convince China that these export controls that China hates,

04:00.44 – 04:04.44

the fact that U.S. companies are moving some of their supply chains away from China.

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This is being done to protect U.S. interests, just as China does things to protect its interests

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that the U.S. also doesn't like.

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And she's trying to convince China that this is not meant to completely decouple the two economies.

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And in fact, the two countries have a lot to cooperate on.

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For example, combating climate change and addressing global debt.

5Speaker 5
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Yeah, and do we have any idea whether she can make any headway on those objectives?

3Speaker 3
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That's the question. Really, there's only so much she can do.

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Because right now, if you're a foreign business in China, the trends are pretty worrying.

04:36.26 – 04:39.38

China's passed these new laws that can let them sanction foreign companies.

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There are new data control laws that make it really hard for companies to operate even there.

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Add to that, there's a new counter-espionage law passed this year that's so broad,

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American businesses are genuinely concerned that their normal activities could get them accused of being spies.

5Speaker 5
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Wow. NPR's Emily Fang in Taipei, thank you so much.

3Speaker 3
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Thanks, Rob.

5Speaker 5
05:02.74 – 05:06.96

Many have tried to replace Twitter since Elon Musk took over the platform.

4Speaker 4
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Now, Mark Zuckerberg is trying to host the go-to place for online discourse.

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Late yesterday, Facebook's parent company, Meta, launched a service called Threads.

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But will it succeed?

5Speaker 5
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NPR tech reporter Bobby Allen joins us to discuss. Good morning, Bobby.

2Speaker 2
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Good morning, Rob.

5Speaker 5
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Threads sounds like a not-so-hip clothing line, but it is in fact another social media site.

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What's it like?

2Speaker 2
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Yeah, no shocker. It feels a whole lot like Twitter.

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But it has some advantages over a run-of-the-mill Twitter rival in the form of data.

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Meta has a lot of this.

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When you download the Threads app, you can instantly port over all of your Instagram photos,

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your bio, all of your Instagram friends.

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If all of your friends on Instagram join Threads, then you can sort of keep your network that you have on Instagram.

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Now, in terms of technology itself, Rob, for 2023, this is not exactly a breakthrough innovation.

06:00.80 – 06:04.04

For a social media app, actually, this feels very 2010.

06:04.46 – 06:07.02

But people are still joining.

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I think that really shows just how much frustration there is with the current state of Twitter.

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In its first seven hours, more than 10 million people have joined Threads.

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And people have already found some pretty funny names for it.

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Some are calling it Twinstagram. Others are calling it Twitterkiller.

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So we'll see how it goes.

5Speaker 5
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Twitterkiller. Twitter has been around for almost two decades.

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Why is Mark Zuckerberg doing this now?

2Speaker 2
06:28.78 – 06:30.38

Two words. Elon Musk.

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Since he took over Twitter, it's been less reliable. It's been less credible.

06:35.50 – 06:40.12

Musk's abrupt policy changes have often alienated Twitter's most loyal users.

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Just this past weekend, Musk capped the number of tweets non-paying users can read each day.

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Then he made it impossible to view tweets unless you're signed into the platform, which has now been reversed.

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But the damage is done for some users, Rob.

06:53.42 – 06:56.64

Many are just fed up with Twitter. It's too chaotic and glitchy.

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And Musk clearly has one goal in mind, right?

06:58.98 – 07:00.90

And that's getting more people to pay for Twitter.

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But people are leaving in droves.

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Zuckerberg sees opportunity there.

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Backing up for some context here, Zuckerberg and Musk have long had a rivalry.

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And a decade ago, Zuckerberg tried to buy Twitter, but Twitter wouldn't sell.

07:15.16 – 07:19.28

And Zuckerberg has long envied Twitter for being the public square of the internet.

5Speaker 5
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You talk about rivalry. They've planned a cage match.

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What's happening with that?

2Speaker 2
07:25.58 – 07:29.16

Yes. They may or may not fight in a cage match.

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I think it's theatrics.

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I think there's a good chance that it won't happen at all.

07:33.74 – 07:38.40

But photos have leaked of Elon training for this cage match.

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So yeah, we'll see what happens.

5Speaker 5
07:40.12 – 07:41.98

Let's just stop feeding into the theatrics of that.

07:42.60 – 07:46.44

Will Threads be any different than the other attempts to replace Twitter?

2Speaker 2
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You might know some of them by name or not.

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Mastodon, Blue Sky Post, the list goes on.

07:54.36 – 07:56.16

The obvious difference here is scale.

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Across its apps, Meta has more than 3 billion users.

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Now the question is, can it recreate the culture of Twitter?

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That might be hard.

08:04.64 – 08:07.42

Meta tried to copy TikTok with a service called Reels.

08:07.78 – 08:09.04

That hasn't worked out so great.

08:09.04 – 08:12.08

I talked to this tech analyst named Fane Greenwood

08:12.08 – 08:14.46

about whether Meta's Threads has a shot.

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She is pretty skeptical.

08:16.22 – 08:19.88

It's because of something she calls the terrible uncle problem.

1Speaker 1
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The terrible uncle problem is the issue that comes about

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when all of your relatives, your colleagues, your high school classmates

08:27.62 – 08:29.60

are able to find you on social media.

2Speaker 2
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Basically, everyone is on Facebook, including your terrible uncle.

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That is a bad thing, especially for younger users

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who see Facebook sort of as a party they would never want to go to.

1Speaker 1
08:40.68 – 08:42.82

Younger people, especially, are turned off a platform

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where they feel like they have to censor what they're saying,

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have to modulate what they're saying.

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They don't want to deal with literally everybody they know

08:48.68 – 08:50.34

commenting on their posts.

5Speaker 5
08:50.68 – 08:52.74

Has Elon Musk responded yet to Threads?

2Speaker 2
08:53.56 – 08:54.20

Not yet.

08:54.30 – 08:57.04

I emailed him to get a sense of how he's thinking about Meta

08:57.04 – 09:00.50

taking a direct shot at Twitter, but I have not yet heard back.

5Speaker 5
09:00.82 – 09:02.36

NPR's Bobby Allen. Bobby, thanks.

2Speaker 2
09:02.70 – 09:03.14

Thanks, Rob.

5Speaker 5
09:13.64 – 09:16.72

More than half of all Americans say they're at least thinking

09:16.72 – 09:19.02

about an electric vehicle for their next car purchase.

4Speaker 4
09:19.32 – 09:21.58

But they want to know, where will they plug them in?

09:21.68 – 09:25.12

A big sticking point is the lack of public EV chargers.

5Speaker 5
09:25.36 – 09:28.66

NPR's Camilla Dominoski thinks about this problem a lot,

09:28.72 – 09:31.96

even on a road trip she took last week with the Secretary of Energy.

09:32.30 – 09:34.06

Camilla is back from that and with us now.

09:34.16 – 09:34.38

Hello.

1Speaker 1
09:35.06 – 09:35.50

Hi, Rob.

5Speaker 5
09:35.80 – 09:37.26

How important is it to have an electric vehicle

09:37.26 – 09:40.72

is the availability of fast chargers that people can find on the road?

1Speaker 1
09:41.56 – 09:45.32

Yeah, it's funny because the vast majority of electric vehicle charging

09:45.32 – 09:48.28

actually happens at people's homes or maybe their work.

09:48.42 – 09:52.86

But psychologically, chargers on the road are really important.

09:53.16 – 09:54.38

Americans love a road trip.

09:54.62 – 09:57.34

Studies actually show this is the number one barrier

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keeping people from buying electric vehicles,

09:59.44 – 10:00.92

even ahead of sticker price.

5Speaker 5
10:01.54 – 10:05.10

So what's the state of America's EV charging infrastructure then?

1Speaker 1
10:05.64 – 10:06.56

It's not great.

10:07.22 – 10:09.06

So last week, like you mentioned, I was,

10:09.14 – 10:10.74

the Secretary of Energy, Jennifer Granholm,

10:10.80 – 10:13.52

went on this road trip through the South, and I was tagging along.

10:13.74 – 10:15.86

We were traveling in electric vehicles,

10:16.22 – 10:19.28

and I want to play you some tape from one charging stop

10:19.28 – 10:21.28

that the Secretary took in Tennessee.

10:21.60 – 10:22.66

This is Secretary Granholm.

4Speaker 4
10:22.98 – 10:25.26

Clearly we need more high-speed chargers.

1Speaker 1
10:25.50 – 10:28.18

We were sitting in the back seat of an electric Cadillac Lyric

10:28.18 – 10:30.40

and went on to talk about this federal push

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to incentivize chargers and green manufacturing.

4Speaker 4
10:32.94 – 10:35.30

It has been a blockbuster.

1Speaker 1
10:35.66 – 10:38.20

But then Granholm gestured at her press secretary,

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fanning herself, asking for some air conditioning here

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because it is hot.

10:41.52 – 10:43.76

Her staff had actually turned off the A.C.

10:43.80 – 10:46.04

to try to make the car charge faster.

10:46.46 – 10:48.56

This was one of several charging stops

10:48.56 – 10:51.04

where charging went much slower than it should have.

2Speaker 2
10:51.48 – 10:52.22

Seriously, though.

1Speaker 1
10:52.22 – 10:53.50

Yeah, it's really hot.

10:54.90 – 10:57.32

So we actually interrupted the interview at this point

10:57.32 – 10:58.58

to step outside the vehicle.

5Speaker 5
10:58.72 – 10:59.38

Oh, man.

10:59.60 – 11:01.28

Okay, so that doesn't sound great.

11:01.28 – 11:03.54

And this was during a big heat wave, though, right?

11:03.58 – 11:04.36

I mean, we covered that.

11:04.50 – 11:06.14

A reminder of what's at stake here.

1Speaker 1
11:06.86 – 11:06.96

Right.

11:07.10 – 11:09.12

Ultimately, this is about climate change.

11:09.24 – 11:13.74

Getting people to adopt E.V.s is a big part of the push

11:13.74 – 11:15.20

to reduce greenhouse gas emissions.

11:15.82 – 11:17.76

You do need people to be on board, right?

11:17.86 – 11:20.40

And people are buying E.V.s increasingly,

11:20.56 – 11:21.72

people like Holmesetta Green.

11:21.92 – 11:23.04

She's from Louisville, Kentucky,

11:23.04 – 11:27.16

and she was waiting in the shade by that electric vehicle charger

11:27.16 – 11:29.92

while her Volkswagen ID.4 was charging,

11:29.92 – 11:33.04

and she loves that car, but...

2Speaker 2
11:33.04 – 11:35.00

It is kind of slow charging it up.

4Speaker 4
11:35.10 – 11:38.98

Other than that, I wouldn't take $100,000 for this car.

1Speaker 1
11:39.54 – 11:42.62

She wouldn't sell it for $100,000, she says,

11:42.66 – 11:45.10

but she also says there just aren't enough chargers.

11:45.50 – 11:47.42

And this is really the situation right now, right?

11:47.48 – 11:49.86

The chargers aren't fast enough, they aren't reliable enough,

11:49.92 – 11:51.66

and there simply are not enough of them.

5Speaker 5
11:51.84 – 11:53.48

Lots of problems. What's being done about this?

1Speaker 1
11:53.90 – 11:57.10

Well, on the tech front, there are two fast charging standards,

11:57.34 – 11:58.84

Tesla's and everyone else's.

11:59.36 – 12:02.20

Tesla's chargers, this is not just my opinion here, Rob,

12:02.28 – 12:05.48

this is data, they are better, they're more reliable.

12:05.88 – 12:08.54

Other companies are now embracing Tesla's charging standard,

12:08.66 – 12:10.82

which is a brand new, very interesting development.

12:11.20 – 12:12.98

But the biggest thing that's happening is that

12:12.98 – 12:14.60

there's just a push to build more of them.

12:14.80 – 12:16.86

The federal government is spending billions of dollars on them.

5Speaker 5
12:17.12 – 12:17.84

Is that going to be enough?

1Speaker 1
12:18.48 – 12:21.04

It really depends on who you ask, right?

12:21.12 – 12:22.54

Car companies are going electric.

12:22.90 – 12:25.68

The federal government could potentially speed that up.

12:25.68 – 12:28.78

There are proposed standards that could mean

12:28.78 – 12:32.00

two-thirds of new vehicles are electric by 2032.

12:32.94 – 12:35.76

The big traditional automakers, their lobbying group

12:35.76 – 12:38.16

is currently saying that's simply not feasible,

12:38.52 – 12:42.80

that the need for more chargers is one reason why

12:42.80 – 12:43.94

they say they need more time.

12:44.42 – 12:46.84

Environmental groups, all electric automakers,

12:47.06 – 12:48.42

they say the speed is doable,

12:48.66 – 12:51.50

and they point to things like all the money that's going into chargers.

12:51.94 – 12:53.96

Now, these federal rules are being hammered out,

12:53.96 – 12:56.56

so to a certain extent, this is all negotiating positions.

12:56.96 – 12:59.78

But one thing everyone agrees on is that

12:59.78 – 13:01.74

we're going to need more of the things.

5Speaker 5
13:02.00 – 13:03.92

NPR's Camilla Dominowski, thank you.

1Speaker 1
13:04.34 – 13:04.76

Thanks.

5Speaker 5
13:09.60 – 13:12.24

And that's Up First for Thursday, July 6th.

13:12.28 – 13:13.12

I'm Rob Schmitz.

4Speaker 4
13:13.16 – 13:15.56

And our Michelle Martin Up First is produced by

13:15.56 – 13:19.56

Nina Kravinsky, Shelby Hawkins, Taylor Haney, and Julie Deppenbrock.

13:19.56 – 13:23.68

Our editors are Michael Sullivan, Rafael Nam, Pallavi Gogoi,

13:24.10 – 13:25.88

Alice Wolfley, and Jan Johnson.

13:26.32 – 13:28.14

Our technical director is Zach Coleman,

13:28.30 – 13:30.24

with engineering support from Stacey Abbott.

13:30.64 – 13:31.88

Join us again here tomorrow.

5Speaker 5
13:32.26 – 13:33.96

And if you're ready for more NPR news,

13:34.16 – 13:35.60

there's a radio show for that.

13:35.82 – 13:38.50

Find NPR's morning edition on your NPR station

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?Unknown Speaker
13:56.32 – 13:56.34

♪♪

3Speaker 3
14:01.02 – 14:05.20

On the TED Radio Hour, MIT psychologist Sherry Turkle.

2Speaker 2
14:05.66 – 14:08.60

Her latest research into the intimate relationships

3Speaker 3
14:08.60 – 14:11.14

people are having with chatbots.

14:11.64 – 14:13.30

Technologies that say,

14:13.82 – 14:17.26

I care about you, I love you, I'm here for you,

14:17.58 – 14:18.72

take care of me.

1Speaker 1
14:19.10 – 14:22.26

The pros and cons of artificial intimacy.

3Speaker 3
14:22.26 – 14:24.88

That's on the TED Radio Hour from NPR.

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