Trump Postpones Beijing Meeting Amid Iran War

0:00This is your global news update for March 17th. President Trump announced on Tuesday that he's postponing his planned trip to Beijing to meet Chinese President Xi Jinping. The decision stems from the escalating war with Iran, which is shaking up U.S. foreign policy and pushing back efforts to calm trade tensions between. The world's two largest economies. Trump told reporters in the Oval Office that they're resetting the meeting and China has no issue with the delay. This comes amid early preparations, including recent talks in Paris between U.S. Treasury Secretary Scott Besson and Chinese Vice-Permir, high life-ung. Those discussions touched on boosting U.S. agricultural exports like poultry and beef, along with managing rare earth minerals and broader trade flows. Meanwhile, the postponement sidelines negotiations over tariffs, computer chips, illegal drugs, and other flashpoints. The war has spiked oil prices, threatened shipping through the Strait of Hormuz, and heightened worries about energy security.

1:00Iran has warned it could target vessels there in response to U.S. and Israeli actions. A lavish state visit now seems out of step with America's economic challenges and the return of service members from the Middle East. Trump sought help from allies, but most rebuffed him, including China, the top oil importer at around 12 million barrels daily, early this year. Thanks to our sponsor for supporting this episode. Some chase peace. I put my head in it. S-O-L-I-SOLIPILLO.com.