00:00Sunny weather here in Manila. Not so sunny atmosphere for the ASEAN foreign ministers meeting as China and the Philippines
00:07clashed once again in the South China Sea, drawing condemnation from the U.S. State Department.
00:13And of course, the U.S. Secretary of State, Marco Rubio, Chinese Foreign Minister Wang Yi are here. They met
00:18for more than an hour on Wednesday.
00:20Both sides seem keen not to derail President Xi's trip to the U.S. in September. Rubio telling reporters he
00:28believes that Xi will have a very positive trip.
00:31He did not raise the issue of election interference after President Trump made those unfounded allegations.
00:37What they did discuss is implementing the Board of Trade before September.
00:42That could potentially reduce tariffs on at least $30 billion worth of goods in non-sensitive sectors.
00:49Interestingly, what did not feature in the Chinese Foreign Ministry statement is tech, after the U.S. accused Moonshot AI
00:56of illegally accessing NVIDIA's chips and servers in Thailand.
01:00The two sides are looking at AI talks in September before Xi's trip.
01:06What did feature in the Chinese Foreign Ministry readout is, of course, a warning for the U.S. to stick
01:11to that one-China principle,
01:13to which Rubio had responded with a public statement on X saying no country has the right to restrict flows
01:20in international waterways, including the Taiwan Strait.
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