China, Hegseth and Cold War
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China Absent
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China asserted its sovereignty over a disputed reef in the contested South China Sea by conducting military and coast guard patrols on Saturday—a claim the Philippines denied. Newsweek has emailed both the Chinese and Philippine militaries for further comment.
China and the United States are accusing each other of reneging on their tariff truce as tensions rise over rare earths exports, computer chips and student visas.
China, which has never officially acknowledged the ban, has more confidence in its own entertainment now and is looking to boost consumer spending, experts say.
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China issued a blistering response after U.S. Defense Secretary Pete Hegseth said "the threat China poses is real."
Longview Global senior policy analyst Dewardric McNeal discusses the ramping up of tensions again between the U.S. and China, and why Nvidia CEO Jensen Huang is wrong in his argument that export controls on sales of AI chips to China has been a failure.
China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to safeguard its interests.
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies.
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.
The U.S. dollar fell against other major currencies on Monday, giving up some of the previous week's gains, as markets weighed the outlook for President Donald Trump's tariff policy and its potential to hurt growth and unleash inflation.