5/14/26: Trump Glazes Xi At China Summit, Fox News Shocked By China Tech, China Plans Arms Sales To Iran

Krystal and Saagar analyze President Trump's summit with Xi Jinping in Beijing, where the US enters from a position of weakness due to the stalled Iran war. They parse dueling readouts, China's red lines, and potential deals on trade and Iran, while noting Fox News coverage exposing Americans to China's tech advances. Shorter segments touch on China's reported arms support for Iran, hot inflation data, falling US third-grade reading scores, and a controversial MAHA tobacco deal.

Trump-Xi Summit: Praise, Trade Push, and Red Lines

Trump opened the meeting with effusive praise for Xi, calling their relationship the longest between any US and Chinese presidents and hailing Xi as a "great leader." Accompanied by top CEOs like Elon Musk, Jensen Huang of Nvidia, Goldman Sachs and Citigroup leaders, and others, Trump framed the visit as a trade mission for reciprocal deals. US readout emphasized economic cooperation, expanded market access for US firms, more Chinese buys of US agriculture and oil, fentanyl precursor curbs, keeping the Strait of Hormuz open, and mutual opposition to Iranian nuclear weapons. China's version stressed business too but added a stark Taiwan warning—omitted from the US account—and opposition to "militarization" of the strait, which hosts both US and Iranian forces.