AI Summary
5 min readPresident Trump is returning from a state visit to China without clear trade agreements, while a New York jury declared a mistrial for the third time in the rape case against Harvey Weinstein. These developments, along with the end of Jerome Powell’s tenure as Federal Reserve Chair and a looming strike threat on the nation’s busiest commuter railroad, anchor today’s news roundup.
Trump Returns from China; Taiwan Arms Deal in Question
President Trump is en route back to the United States following a state visit to China. It remains unclear whether he secured any firm agreements on trade during the trip. On Air Force One, Trump indicated he would “think about” whether to proceed with an $11 billion military arms package for Taiwan. The status of that deal, a major point of tension between the U.S. and China, is now uncertain.
Harvey Weinstein Trial Ends in Third Mistrial
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What you'll learn
- 1 (00:04) **Trump Returns from China** - President Trump arrives back in the U.S. from a state visit to China; unclear if firm trade agreements were secured.
- 2 (01:07) **Prisoner Exchange with Ukraine** - Ukraine announces a prisoner exchange, with one freed person saying, "1494 days in captivity, and tomorrow is my mom's birthday."
- 3 (01:45) **Harvey Weinstein Trial Ends in Mistrial** - A New York jury was unable to reach a verdict for the third time on the charge of rape against former Hollywood mogul Harvey Weinstein.
- 4 (02:35) **Jerome Powell's Last Day as Fed Chair** - Jerome Powell's eight-year tenure as Federal Reserve Chair ends, succeeded by Kevin Warsh, confirmed by the Senate this week.
- 5 (03:01) **Potential Long Island Railroad Strike** - Hundreds of thousands of NYC-area commuters may face disruptions if a strike hits the Long Island Railroad, the busiest commuter railroad in the country.
- 6 (03:34) **Trump Announces Location for Statue Garden** - President Trump announces his planned National Garden of American Heroes will be located along the Potomac River in Washington, D.C., though the waterfront area still needs approval.
- 7 (04:34) **Market Close** - The Dow Jones Industrial Average closed down 537 points.
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