EPISODE · May 12, 2026 · 1 MIN
Trump-Xi Summit: Taiwan, Lai Top Agenda
from The Daily News Now! Business
President Trumps upcoming meeting with Xi Jinping in Beijing is set to tackle two pressing issues: U.S. arms sales to Taiwan and the release of Hong Kong media mogul Jimmy Lai. Beijing is pressuring the Trump administration to scale back security promises to Taiwan, viewing arms deals as a violation of the one-China principle. The U.S. has approved an $11 billion weapons package, but no deliveries have been made yet. Other topics like Iran tensions, trade deals, and rare earth exports are also on the agenda. Experts warn that any hint of Trump softening on Taiwan could have significant consequences, potentially emboldening China to push harder against Taiwans independence. Taiwanese lawmakers have approved a $25 billion special defense budget for U.S. missiles and gear, though it falls short of their desired $40 billion to counter Chinas growing military moves. On Jimmy Lai, Trump is pushing for his release from a twenty-year sentence for national security charges, but Beijing insists he must face full legal punishment without foreign interference. As these talks unfold, the stakes remain high on Taiwan and human rights, with both sides determined to shape the next chapter in their rivalry. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/186824130202011f
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Trump-Xi Summit: Taiwan, Lai Top Agenda
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