China, Trump and Xi
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The so-called TACO trade will be tested as markets wait to see if Trump will actually follow through with his latest threat or if he will put it on hold soon.
China issued a blistering response after U.S. Defense Secretary Pete Hegseth said "the threat China poses is real."
Defense Secretary Pete Hegseth said he came to Asia’s preeminent security forum to talk “tanks, not tariffs.” But for other leaders, Trump’s trade war was hard to set aside.
On May 27th the property sold for a stonking 270m yuan ($38m), creating a sensation in the Chinese press. At 500,000 yuan per square metre, it is one of the priciest home auctions in recent memory. That the wealthy are prepared to pony up such an exorbitant price is being interpreted as a sign that China’s huge and interminable property crisis might finally be ending.
National Economic Council Director Kevin Hassett teased this morning a conversation on tariffs between President Trump and Chinese President Xi Jinping could happen as soon as this week. Politico’s China correspondent Phelim Kine joins Alex Witt to share his insight on this and a new term being used to describe Trump’s tariff policy that the president doesn’t appreciate.
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As South Korea's election nears, Lee Jae-myung's approach to U.S.-China relations sparks debate, highlighting the geopolitical stakes of the race.
Australia's defence minister Richard Marles said Beijing needs to provide greater transparency and reassurance.
US Defense Secretary Pete Hegseth on Saturday delivered a dire warning to the Asia-Pacific region and the world: China’s designs on Taiwan pose a threat to global peace and stability that requires “our allies and partners do their part on defense.
At an international forum in Singapore, Defense Secretary Pete Hegseth said the U.S. is refocusing its strength and policies on deterring China, and coaxed China's neighbors and U.S. allies to help.
The USWNT downed China, largely dominating a Saturday friendly that came with some signs that newer U.S. players are forging strong connections.