Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency
BEIJING (AP) — U.S. President Donald Trump is set to arrive in Beijing on Wednesday for his highly anticipated summit with Chinese leader Xi Jinping at a restless moment for a world worried about war, trade and artificial intelligence.
“We're the two superpowers,” Trump told reporters as he departed the White House on Tuesday. “We're the strongest nation on Earth in terms of military. China’s considered second.”
While Trump likes to project a sense of strength, the visit occurs at a delicate moment for his presidency as his popularity at home has been weighed down by the U.S. and Israel's war with Iran and rising inflation as a consequence of that conflict. The president is seeking a win by signing deals with China to buy more American food and aircraft, saying he'll be talking with Xi about trade “more than anything else.”
The Trump administration hopes to begin the process of establishing a “Board of Trade” with China to address differences between the countries. The board could help prevent the trade war ignited last year after Trump's tariff hikes, an action China countered through its control of rare earth minerals. That led to a one-year truce last October.
But Trump comes to Beijing at a time when Iran continues to dominate his domestic agenda. The war has led to the effective closure of the Strait of Hormuz, stranding oil and natural gas tankers and causing energy prices to spike to levels that could sabotage global economic growth. The U.S. president declared that Xi didn’t need to assist in resolving the conflict, even though Iran’s Foreign Minister Abbas Araghchi was in Beijing last week.
In diplomacy, pomp and protocol matter, especially when Trump goes to China
WASHINGTON (AP) — From the moment President Donald Trump lands in Beijing on Wednesday, all eyes will be on how much of a spectacle the Chinese government rolls out, such as who lines up to greet him, what music is played and whether Chinese and American children wave flowers and flags.
In China's rigidly hierarchical world of diplomacy, protocol and ceremony carry weight. The reception of Trump is shaping up to be warm and designed to flatter him, indicative of Beijing's tactical approach to a U.S. leader known for his love for pomp, but it is unlikely to top the “state visit plus" extravaganza President Xi Jinping extended to Trump in 2017.
“That reflects greater Chinese confidence in their position, greater skepticism of Trump, and the awkwardness of the current relationship,” said Rush Doshi, C.V. Starr senior fellow for Asia studies at the Council on Foreign Relations and an assistant professor of security studies at Georgetown University.
In the past nine years, the China-U.S. relationship has shifted from engagement to competition and has dipped to a low point during the COVID-19 pandemic and trade wars.
Experts say China's economic clout and its ability to leverage its dominance in the global supply chain have allowed the Chinese leadership to negotiate from a position of strength and led to a more pragmatic China policy by the Trump administration. And now the war with Iran, which has left the Strait of Hormuz blocked and rattled the global economy, has given Xi an upper hand coming into the summit.
Trump and Hegseth claim 'control' over Iran and the Strait of Hormuz as ceasefire talks are stalled
DUBAI, United Arab Emirates (AP) — Kuwait said on Tuesday that Iran launched a failed attack earlier this month on an island where China is helping build a port in the Gulf Arab country. The accusation came just hours before U.S. President Donald Trump was to depart for Beijing on a high-stakes visit over the Iran war and other issues.
Trump said he would have a “long talk” about Iran with Chinese President Xi Jinping but said trade would be a bigger focus. As he left for the summit, Trump again threatened Iran if its leaders don’t reach an agreement on its nuclear program.
“We have Iran very much under control,” Trump said. “We’re either going to make a deal or they’re going to be decimated. One way or the other, we win.”
Iranian state media quoted the country's foreign ministry as calling “baseless” the allegation by Kuwait, which came under attack by Iran in the war and during the shaky ceasefire that is still holding. But the allegation and ongoing attacks in the region have threatened to reignite open warfare.
The narrow Strait of Hormuz remains in Iran's chokehold, the U.S. is maintaining a blockade against Iran and negotiations between the two countries appear at a standstill.
Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade
TEHRAN, Iran (AP) — Iran’s grip on the Strait of Hormuz is throttling the world’s energy supplies and inflicting global economic pain, but the struggles of the Islamic Republic's own economy are testing its ability to withstand the war and defy Washington’s demands.
Iranians have been hit by spiraling prices for food, medicine and other goods. At the same time, the country has seen mass job losses and business closures caused by strike damage to key industries and the government’s monthslong shutdown of the internet.
The economic cost of the war and the U.S. naval blockade “has been very substantial and unprecedented for Iran,” said Hadi Kahalzadeh, an Iranian economist and research fellow at Brandeis University.
But Iran has withstood decades of economic pressure and sanctions and its capacity to adapt has not been dismantled, Kahalzadeh said.
“Iran can probably avoid a complete economic collapse or total shortage of essential goods, but at a very high cost,” he said. “The main cost will be passed to ordinary Iranians through higher inflation, more poverty, weaker services and a much harder daily life.”
US grocery prices rose in April, but gas spikes weren't the only reason
Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.
Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government figures released Tuesday. That was the highest year-over-year inflation rate for the category since August 2023.
Prices at restaurants, fast-food chains and other places to get prepared meals also increased, putting overall food prices up 3.2% in the last year, the Labor Department’s consumer price index showed.
Fuel prices have soared while the Iran war prevents cargo ships from passing through the Strait of Hormuz, a vital corridor for global oil supplies. Diesel fuel powers fishing boats, tractors and the trucks that ship 83% of U.S. agricultural products. As of Tuesday, the average price per gallon was up 61% from a year ago, according to AAA.
The meat, produce and dry goods vendors that supply Sparrow Market, a small independent grocer in Ann Arbor, Michigan, all added fuel surcharges to their deliveries in recent weeks, owner Raymond Campise said. Wholesale prices for meat, produce and some other products also have gone up, he said.
Recommended for you
Global shares trade mixed as AI excitement fades and war worries persist
TOKYO (AP) — Global shares traded mixed Wednesday, as fading enthusiasm over AI and other technology stocks gradually put the brakes on Wall Street’s record-setting run.
France's CAC 40 was little changed, inching down less than 0.1% in early trading to 7,975.77, while the German DAX added 0.8% to 24,153.10. Britain's FTSE 100 gained 0.4% to 10,308.30. U.S. shares were set to trade mixed with Dow futures down 0.2% at 49,769.00. S&P 5600 futures rose 0.2% to 7,442.00.
In Asia, Japan's benchmark Nikkei 225 edged up 0.8% to finish at 63,272.11.
South Korea's Kospi index surged 2.6% to 7,844.01, recouping recent losses. The Kospi sank 2.3% earlier in the week from an all-time high after a senior figure in the administration suggested the government may redistribute windfall AI profits from companies to citizens. Analysts said some investors were snatching the shares that got sold as the actual impact of the remarks was still unclear.
Australia's S&P/ASX 200 lost 0.5% to 8,630.40. The Hang Seng gained 0.2% to 26,388.44, while the Shanghai Composite rose 0.7% to 4,242.57.
Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court
President Donald Trump’s push to redraw the nation’s U.S. House districts received mixed results Tuesday as South Carolina senators defied his desires but Missouri’s top court upheld a new map that could help Republicans win an additional seat in the November midterm elections.
Rather than waning, a national redistricting battle that began 10 months ago has intensified — inflamed by a recent U.S. Supreme Court ruling that weakened the federal Voting Rights Act and provided grounds for states to try to eliminate voting districts with large minority populations.
Republican lawmakers in Louisiana are wrestling with how politically aggressive to be when redrawing House districts after the U.S. Supreme Court invalidated a majority-Black district as an illegal racial gerrymander.
The ripples of the Louisiana ruling already have led to new U.S. House districts in Tennessee and have extended to Alabama, where Republican Gov. Kay Ivey announced an Aug. 11 special primary for four of the state’s seven congressional districts. That came after the U.S. Supreme Court on Monday overturned an order mandating use of a map with two largely Black districts. The state plans to switch to a map passed in 2023 that has only one majority-Black district, giving Republicans a chance to win an additional seat.
Republicans think they could gain as many as 14 seats from new House maps enacted so far in Texas, Missouri, North Carolina, Ohio, Florida and Tennessee. Democrats, meanwhile, think they could gain six seats from new maps in California and Utah. The Virginia Supreme Court last week struck down a redistricting effort that could have yielded four more winnable seats for Democrats.
French hantavirus patient is critically ill and on an artificial lung as outbreak grows to 11
PARIS (AP) — A French woman infected in the deadly hantavirus outbreak on a cruise ship is critically ill and being treated with an artificial lung, a doctor at the Paris hospital caring for the sickened passenger said Tuesday. The outbreak has now reached 11 total reported cases, 9 of which have been confirmed.
Three people on the cruise died, including a Dutch couple that health officials believe were the first exposed to the virus while visiting South America.
The French passenger hospitalized in Paris has a severe form of the disease that has caused life-threatening lung and heart problems, said Dr. Xavier Lescure, an infectious disease specialist at Bichat Hospital.
He said the woman is on a life-support device that pumps blood through an artificial lung, providing it with oxygen and returning it to the body. The hope is that the device relieves enough pressure on the lungs and heart to give them some time to recover. Lescure called it “the final stage of supportive care.”
With the evacuation of all passengers and many crew members completed, the MV Hondius is now sailing back to the Netherlands, where it will be cleaned and disinfected.
King Charles III will lay out UK government agenda as Starmer's job hangs in the balance
LONDON (AP) — King Charles III on Wednesday will deliver the government’s legislative program for the coming year to lawmakers with all the pomp and historic trappings that accompany the ceremonial opening of Britain's Parliament.
The question is whether Prime Minister Keir Starmer will be around to implement it and, even if he survives the latest government crisis, whether he will have the authority to push his proposals through Parliament.
The King’s Speech will be Starmer’s second attempt to save his premiership after his Labour Party suffered huge losses in local and regional elections last week. That weakened his already tenuous grip on power and fueled calls for him to step down from members of his own party who believe Starmer has been too timid in attacking the rising cost of living, wealth inequality and the country’s creaking public services.
The pressure on Starmer has only increased since a Monday speech to party supporters, promoted as the first leg of his fight back. But it was criticized as “tone deaf” and lacking the bold policies needed to tackle Britain’s problems. Former Safeguarding Minister Jess Phillips resigned from the Cabinet on Tuesday, saying the government needed to “have a row, push back, make arguments, bring people along.”
The King’s Speech will be a moment when the historic power and grandeur of Britain will collide with the reality of the modern United Kingdom, a mid-sized country with an underfunded military, rising debt and waning international influence. It's a country struggling to control immigration and pay for public services such as health care and education.
Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game
WASHINGTON (AP) — Defense Secretary Pete Hegseth faced tough questions Tuesday from Republican and Democratic lawmakers about the Trump administration's end game for the Iran war, the conflict's rising $29 billion cost and its impact on diminishing U.S. weapons stockpiles.
While the Pentagon chief softened his tone from hearings before Congress nearly two weeks ago, notably avoiding the same pointed criticism of lawmakers, he got far more pushback from members of his own Republican Party about the levels of U.S. munitions used in the Iran war and President Donald Trump’s intense criticism of traditional allies for not taking part in the conflict.
“I take issue with the characterization that munitions are depleted in a public forum,” Hegseth said. “That’s not true.”
Even as he insisted that the U.S. military has plenty of missile defense systems and other munitions for the Iran war or future conflicts, Hegseth told House and Senate lawmakers overseeing defense spending that the Trump administration is working to ramp up production of weapons.
Pentagon officials also told lawmakers that the cost of the Iran war has risen to about $29 billion, the vast bulk of which — roughly $24 billion — is related to replacing munitions and repairing equipment but also includes operational costs to keep forces deployed. That is up from the overall total of $25 billion that Pentagon comptroller Jay Hurst revealed nearly two weeks ago. He said the updated estimate does not include the cost to repair or rebuild U.S. military sites damaged in the region.

(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.