China’s Growing Leverage Over the U.S., and How Oil Companies Hit the Jackpot
5/14/202611 min
Plus, a surprise reversal in the Murdaugh murder case.
Here’s what we’re covering:
For Trump, the Iran War Looms Over China Summit, by Anton Troianovski
Blockbuster Oil Company Profits Revive Calls for Windfall Tax, by Patricia Cohen
Senate Confirms Kevin Warsh as Fed Chair, by Colby Smith
Murdaugh Murder Convictions Overturned by South Carolina’s Top Court, by Nicholas Bogel-Burroughs
Jason Collins, First Active N.B.A. Player to Come Out as Gay, Dies at 47, by Sopan Deb
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Transcript preview
First 90 secondsKatrin Bennhold· Soundbite0:00
I'm Katrin Bennhold, host of The World, a daily newsletter from The New York Times. I spent 20 years reporting from more than a dozen countries, and it occurred to me one day, what kind of newsletter would I like to read? I don't live in the US. I want something especially for a global audience. The World is just that. Each weekday morning, we bring you the biggest stories, dispatches from my colleagues on the ground, and a few surprises, with video too. The World newsletter. Read the latest and sign up at nytimes.com/theworld.
Tracy Mumford· Host0:30
[instrumental music plays] From The New York Times, it's the headlines. I'm Tracy Mumford. Today's Thursday, May 14th. Here's what we're covering. [instrumental music plays] [gunshots] In Beijing this morning, President Trump was welcomed with a 21-gun salute as Chinese President Xi Jinping greeted him for the start of their high-stakes summit.
Donald Trump· Soundbite0:57
I have such respect for China, the job you've done. Uh, you're a great leader. I say it to everybody, you're a great leader.
Tracy Mumford· Host1:03
The meeting marks the first visit to China by a US president in nearly a decade, and in their opening remarks, both leaders stressed the importance of US-China cooperation.
Donald Trump· Soundbite1:15
We've gotten along. When there were difficulties, we worked it out. I would call you, and you would call me, and when- But hanging over that relationship, and this week's talks, are longstanding clashes over trade and Taiwan, as well as a new source of tension, the