Politics

Trump reels from inflation as China board plan emerges

Trump faces – President Trump returned from a diplomatic mission to China facing rising backlash at home over inflation, while aides and lawmakers pressed competing arguments on gas prices, trade tariffs, and Taiwan arms deliveries. In a separate political fight over redist

President Trump’s recent trip to China did not arrive in Washington with a reset button.. Back home. the administration’s handling of inflation and the cost of living is drawing sharper pushback. and Republicans are increasingly worried about the party’s midterm prospects as polling and fresh inflation figures point to mounting frustration.

The focus on domestic pain came into the conversation immediately.. When asked whether Americans’ financial situations were motivating his Iran dealmaking. President Trump delivered a blunt dismissal: “Not even a little bit.. I don’t think about Americans’ financial situation.. I don’t think about anybody.. I think about one thing.. We cannot let Iran have a nuclear weapon.” New numbers showing “the fastest increase in the inflation rate in three years” have added to pressure on Republicans. who are now watching the party’s chances for the midterm election more closely.

A CBS News poll cited in the broadcast put the strain in stark terms: seven in 10 Americans say they are frustrated or even angry with the administration’s approach to the economy; two-thirds say Trump’s policies are making the economy worse at least in the short term; and only 27 percent say they approve of his handling of inflation—described as a new low for the president in the network’s polling.. The show opened with another

political sign of tightening control inside the president’s party: Saturday’s defeat of Louisiana Senator Bill Cassidy in a three-way Republican primary.. Cassidy voted to impeach Trump after the January 6 attack on the U.S.. Capitol and, as a doctor, had spoken out about administration health policies.. The president endorsed one of Cassidy’s opponents and was openly critical of him.. The result will trigger a runoff for a seat framed as a safe Republican one. even

as the calendar turns toward the midterms.

Against that domestic backdrop. United States Trade Representative Jamieson Greer defended the administration’s approach to affordability while also shifting attention back to foreign policy.. He was asked what help could be provided for Americans facing high fuel costs and a wider squeeze.. Gas is at an average of $4.51 a gallon. the discussion noted. with Americans spending “$45 billion more on fuel since the war began versus a year ago.” Lower-income families are pulling back. and the New York Fed reported that households earning less than $125. 000 a year are fueling up their cars less often.

Greer said no one wants to see higher gas prices. but argued the president is balancing foreign policy considerations. aiming to avoid “a world where Iran has a nuclear weapon.” He tied the administration’s relief effort to wages and jobs. saying the president is “bringing jobs back to America” and that the administration is focused on “getting wages up to offset any kind of increase in prices.” He also cited price declines for staples like dairy. cheese. and flour. and pointed to “operations wrap up in the Gulf” as the moment prices could come down. while also acknowledging that the exchange left no time frame for that outcome.

The diplomatic leg of the story also came through in the trade conversation.. Greer described China’s agreement to establish a board of investment to consider Chinese investment in the U.S.. and bilateral boards of trade to discuss tariffs.. He said those boards are intended to manage economic relations and to keep negotiations limited to “trade in nonsensitive goods. ” while “sensitive goods”—defined by Greer as high-tech items that could be used for military purposes—should remain “national security issues.” He listed examples of products for discussion: agricultural goods; energy goods; “Boeings”; and “medical devices.” For imports from China. Greer referenced consumer goods and “maybe low-tech items. ” while calling the investment board more of an issues-management channel than an investment program.

To Greer, the main shift is formalization.. He said the U.S.. has never had a board of trade or board of investment with China and that the U.S.. and China have “always had an ad hoc approach. ” calling that approach “challenging.” He pointed to existing tariffs. import controls. and export controls on China. and China’s “non-tariff barriers” aimed at blocking imports.. He also said China had reduced a set of non-tariff barriers on agricultural products such as beef and poultry.

Tension resurfaced in the question of tariffs and timing—especially after Greer previously signaled that tariffs might roll out after July. under “authority 301. ” once investigations concluded.. Brennan asked whether the U.S.. is now in an “indefinite trade truce. ” and whether the tariff rate would be brought back toward where it was before a Supreme Court ruling.. Greer said the deal allows the U.S.. to raise tariffs to the higher level used in the “Busan deal in October. ” when President Xi and President Trump met.. He said that following the Supreme Court case in February. “about 10 percentage points were knocked off the tariff rate for China. ” and that the U.S.. believes it can elevate the rate again.

Greer also said the president is exploring “different tools” and that he would not “prejudge a lot of the investigations that are happening.” He emphasized that countries know the U.S.. will maintain “a certain level of tariff to control our imports. ” while also expecting “market opening.” When Brennan pressed whether tariffs would come into place after July. Greer avoided a direct timetable. repeating that his general counsel’s instruction is that he “can’t prejudge the outcomes of those investigations.” He laid out what those investigations could authorize—“tariffs. like fees on services. like quotas. things like that”—and said the president would be presented with options if the investigations find “a huge problem with overcapacity in China and other countries.”

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The diplomatic deliverables under discussion also exposed how quickly details can become political.. China’s statement on Saturday was described as vague. with no mention of President Trump’s account of a promise to buy “750 Boeing planes” if an initial batch goes well.. China instead confirmed a guarantee that the U.S.. would supply aircraft engines, without specifying “the 400 to 450 GE engines” Trump had announced, and GE had not commented.

Greer said the “200 Boeings” are “locked in.” He described the order as the “first major purchase by China in almost 10 years” of Boeings. and said future purchases are possible.. He also said a fact sheet on agricultural purchases is being finalized and is expected “very soon. ” including “double-digit increase in agricultural purchases” the administration expects from China.

Brennan raised the skepticism voiced by a conservative editorial board referenced during the broadcast.. The criticism claimed Trump boasted about Chinese purchases of U.S.. soybeans and aircraft. while China did not confirm sales. and it argued that the same soybeans may have been bought multiple times.. Greer responded by returning to what he said already existed: a deal in place since October under which China would buy “25 million metric tons of soybeans each year for the rest of the president’s administration. ” which Greer said is still in force.. He said the administration expects the new purchase agreements to bring “double-digit purchases of aggregate agricultural products” and described the term “aggregate” as covering “everything else. ” including soybeans. beef. grains. and dairy products.. He said those purchases would be facilitated by “board of trade discussions.”

Still. the discussion of how much was newly won left a clear friction point—Brennan asked how many concessions the U.S.. made and what those concessions were.. Greer framed the exchange as “balanced trades” aimed at moving toward “balance trade with the Chinese,” saying the U.S.. has long seen trade “out of whack.” He said China wants regular access to spare items—describing sales of aircraft and auto parts and aircraft parts in China’s account—so it can

keep its fleet flying.. He said the administration focused on “mutually beneficial trade” and on nonsensitive goods that “doesn’t require concessions. ” while pointing to what he said are early steps: China “re-registered beer facilities. ” where beef facilities had expired. and is “taking poultry again. ” along with working on “biotech traits” so genetically modified products can enter China “without any problem.” He also cited that the difference in trade is shrinking. with China

still selling more to the U.S.. than it buys, but the difference “has decreased by about 31.5 percent.”

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Taiwan’s place in that broader diplomatic picture came next with Alexander Yui, Taiwan’s representative to the U.S.. Brennan noted that there has not been a call between an American president and a leader of Taiwan since 1979. while Trump had told reporters “there might be one coming.” Yui said. “we’ll see. ” and said Trump heard “only their side of the story” during Beijing—describing it as “el cuento chino”—and said Taiwan would like to tell its own version.

Yui also addressed the question of whether a call would involve President Lai and whether Taiwan has intentions to declare independence.. He said no call schedule was set, while also saying “communication between Taiwan and U.S.. is constant.” He argued that “President Trump and Secretary Rubio have been very categorical during their visit to Beijing” that there is “no change in United States’ longstanding position on Taiwan.” He said “independence. ” as he described it. means Taiwan is independent from “Chinese aggression from the PRC” rather than creating a break from existing arrangements. emphasizing that Taiwan’s formal name is the “Republic of China. ” that Taiwan is “not subordinate” to the People’s Republic of China. and that “They have never ruled or controlled Taiwan ever.”

Brennan pressed on Trump’s remarks that Taiwan should “cool it” and that he wanted China to cool it. suggesting that Trump may have listened to Xi Jinping’s version.. Yui said the statement points to a desire for “status quo. ” where Trump wants “no change in the… Taiwan Straits. ” and he tied that to avoiding coercion “through economic or military coercion.” He said peace and stability are “good for all parties concerned. ” adding “President Trump doesn’t want a war 9. 500 miles away. ” and Taiwan “want[s] to have our lives going on as… usual.”

The conversation turned sharper when Brennan described the administration’s weapons pledges as “near record amounts. ” while deliveries “haven’t really been happening.” She also referenced Trump’s reported plan to hold onto the latest Taiwan weapons sale as a negotiation chip with China.. Yui said. “exactly. ” arguing that if Taiwan is to prevent a war. it should be strong enough to defend itself and should acquire the arms it needs.. He linked “peace through strength” and said U.S.. arms sales allow Taiwan to defend itself without the U.S.. needing to “send your army 9,500 miles away.”

Brennan also pointed to the six assurances associated with the 1982 agreement. including a pledge not to cut off arms sales to Taiwan and no prior consultation with Beijing.. Yui argued that the U.S.. government has been consistent since 1979 under the Taiwan Relations Act and described prior arms sales by Trump’s first term. including “F-16 Block 70s. ” and two sales in his second administration. including one described as “a very considerable amount of money.”

In a recorded exchange. Trump told reporters. “So. what am I going to do. say I don’t want to talk to you about it because I have an agreement that was signed in 1982?. No. we discussed arm sales to…” After questions and crosstalk. Trump said it was “in great detail” and added. “And I will be making decisions.” Yui responded that Trump had been clear he did not agree on anything the Chinese side agreed to. and he emphasized that the U.S.. has been consistent across administrations.

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Greer’s trade defense and Yui’s Taiwan argument ran in parallel with a political message from the House about the midterms and the cost pressures driving voter anger.. After Salvanto’s segment on gas and inflation pressure. Brennan brought in lawmakers tied to the bipartisan Problem Solvers Caucus: Republican Brian Fitzpatrick of Pennsylvania and Democrat Tom Suozzi of New York.

They clashed sharply on how redistricting and primaries shape incentives.. Fitzpatrick called gerrymandering “one of the most. if not the most corrosive things to our democracy that I can imagine. ” saying the caucus met “this past week to start taking measurable steps to fight back.” He said their federal leverage is limited. and they can tie election-related reforms to Help America Vote Act funding. described as “so-called HAVA funding” passed after the “Bush v Gore hanging chad election. ” including “billions of dollars” sent to states to carry out elections.. He said only “seven states” do a certain approach involving “independent citizen commissions with computer generated line drawing” meant to create more balanced districts.

Suozzi agreed the practice is damaging, but his argument pivoted to the mechanics of what it does to elections.. He said when safe seats are created through gerrymandering. the only elections that matter become primaries rather than general elections. encouraging politicians to “pander” to their base.. He also argued the battle has turned into “race to the bottom. ” where Democrats and Republicans fight each other by pandering rather than reaching constituents.

Brennan pressed the tension: Suozzi’s party leaders also gerrymander, and around “45 members” of his caucus may face redistricting, with more than “a dozen” directly impacted. Suozzi’s answer emphasized that creating safe seats drives division and reduces incentives to listen broadly.

Brennan then asked Fitzpatrick—given Trump’s involvement in the redistricting fight and primary endorsement—whether Republicans are receiving a message that dissent will be punished.. Fitzpatrick argued for “open primaries up in all 50 states,” and pointed to closed primaries as an injustice.. He said that in states with closed primaries. “if you’re a registered independent. you are excluded from voting in 50 percent of elections. ” and he described the scenario as stark—linking it to “a 98-year-old World War II veteran” who registers as independent and is told he cannot vote in half of elections. calling it “insane.” He said it is also “corrosive effect” on the House floor. contributing to what he called “the vote no. hope yes crowd. ” where members focus on “18 percent of their electorate instead of 100 percent of their electorate. ” which he said can lead to gridlock.

Suozzi added a personal electoral argument. saying he is in a district Trump won by “19. 000 votes. ” while Fitzpatrick is in a district where “Kamala Harris won.” He said winning his race requires listening to “the large majority of Democrats. ” “majority of independents. ” “a few Republicans. ” and he contrasted that need with the incentive structure created by safe-seat design.

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The lawmakers then shifted to affordability as the shared political battleground.. Brennan noted CBS polling suggested neither party owns the message. with “Thirty-five percent” saying Democrats would be better. “31 percent” saying Trump and Republicans would be better. and “Thirty-four percent” saying neither or not sure.. Suozzi said affordability is the “number one issue in America” and argued prices are rising “because of the tariffs. ” “because of the war. ” “because of the new data centers. ” and “because of all the debt.” He called for policies Democrats and Republicans can work together on. pointing to a process where the president is supposed to come to Congress on tariffs and war powers.

Fitzpatrick put a finer point on household pressure.. He said “Over half of the people in this country live paycheck to paycheck. ” and argued state and federal legislative attention is not focused on budgets “all day every day.” He said half of Americans are stressing over family budgets and that this should drive the legislative agenda.. He credited the campaign environment in 2024. saying he believes that was part of why Trump won. and also referenced why Zohran Mamdani won in 2025.. Fitzpatrick argued both parties are failing to focus on what drives high energy. childcare. and healthcare costs. and he pointed to action he said he helped lead. including a “discharge petition” to pass the “premium tax credit extension.”

Brennan asked whether both lawmakers would support a federal gas tax holiday that Trump had endorsed. noting Congress would still need to act.. Suozzi called it “a short-term fix. ” but said the bigger need is Congress handling war and moves to reduce gas prices. while arguing tariffs are what are “really affecting people’s prices.” Fitzpatrick responded that labor unions had expressed concerns the holiday could “raid the highway transit fund” that supports local infrastructure and national projects. saying “the devil is in the detail. ” including “where is that money coming from.”

Fitzpatrick also addressed Ukraine assistance and Russia sanctions.. Brennan described a House action authorizing new security aid and sanctions on Russia. and asked what he would do next after House passage. saying Senate leadership had “no time” to take it up.. Fitzpatrick said he and others would do everything they can to get the Senate to take it up because “the heroes that are on the front lines of the Ukrainian military” need help and “morale boost.” He said he reached “218 signatures” on a “massive. massive discharge petition” described as larger than even Russia sanctions. and told Ukrainian friends. “help is on the way.”

The broadcast concluded with a return to foreign policy stakes through the perspective of former Defense Secretary Robert Gates.. Brennan asked whether, given strong Chinese rhetoric, the tone needs to shift from the U.S.. position of “strategic ambiguity.” Gates said Chinese rhetoric has often been strong and that past arms sales to Taiwan have drawn strong responses too.. He warned it would be a mistake to treat the carefully worded U.S.. stance as something that could be narrowed by nuance alone, saying U.S.. position must remain unchanged.. He also said leave it open to question whether the U.S.. would militarily defend Taiwan.

Brennan pressed that on paper. the president had made significant arms pledges to Taiwan but deliveries have not yet arrived. and that “another 14 billion” in proposed weapons sales has been delayed approving.. Gates said he thinks the president should green light the additional sales and argued there is “a huge backlog” from weapons already sold that cannot be delivered due to lack of supplies. adding the question of whether the new figure would “be just… added to the backlog” or whether there is a way forward.. He said Taiwan’s focus in recent years has shifted to purchasing weapons necessary to defend against a Chinese amphibious invasion and said the Taiwanese legislature has “just finally reached an agreement to fund –” the purchase of those weapons. which he said makes the case to move forward.

Gates also addressed the risk of invasion versus other pressure tactics.. He said the chances of a Chinese invasion of Taiwan are “pretty low. ” at least over the next several years. and pointed to other options such as surrounding Taiwan with ships and aircraft. showing the ability to close maritime and air access. and creating a “blockade or a quarantine around Taiwan” as a “What the Taiwan call an anaconda strategy.” He added that China wants to avoid destroying the chip factories it would need. and he referenced cyber and pressures rather than a direct attack.

Finally, Brennan asked Gates about Iran.. He said the only way to get enriched uranium out of Iran and end nuclear aspirations is through “a negotiation.” He dismissed the idea of the U.S.. leaving it to Israel, saying, “No, I don’t think he can walk away.. And, no, I don’t think Israelis can settle it,” while asserting the U.S.. objective is that “under no circumstances can Iran every have a nuclear bomb.” Gates said some justifications changed over time. but objectives have stayed consistent: eliminating Iran’s ability to have a nuclear weapon; eliminating its military capabilities to attack neighbors; and eliminating the capability to support surrogates such as Hezbollah. Hamas. and Houthis that could sink a navy.

Within that same conversation on U.S.. defense posture, Gates also addressed Secretary Hegseth’s performance and internal Pentagon shakeups.. He said he was not into talking about successors. but described what he viewed positively: Pentagon leadership and “especially the deputy secretary and the undersecretary involved in acquisition” doing “important and overdue things” in shaking up bureaucracy.. Gates said he would not put the warrior ethos changes on that list.

Brennan described those changes as including summons to D.C.. reviews of troops and generals. a “ruthless review of the judge advocate corps. ” firing most inspectors general. and overhauling a “weaponized internal Pentagon watch dog.” Gates said he fired “a fair number of generals and senior people” himself. but in a different way. adding that he felt he needed to explain why he took actions.. When asked about concern over a wide set of firings—including “the Navy secretary. the Army chief of staff. General Randy George. during the Iran War. ” pushing out “the admiral at the helm of SOUTHCOM. ” and the “chief of naval operations. ” “the Air Force vice chief of staff. ” and “the head of defensin intelligence”—Gates said it concerns him. but he does not know the rationale.. He said people should be told at a minimum to Congress the rationale for changes.

The thread tying the segments together is timing and sequence: inflation pressure at home escalates as tariff investigations and overseas bargaining continue. while Taiwan’s arms delivery questions persist even as formal frameworks with China move forward and political fights over redistricting sharpen in the same midterm season.

United States politics inflation midterm election President Trump United States Trade Representative Jamieson Greer U.S.-China trade tariffs board of trade board of investment Taiwan Alexander Yui arms sales Bill Cassidy gerrymandering open primaries closed primaries Problem Solvers Caucus Brian Fitzpatrick Tom Suozzi Ukraine assistance Russia sanctions Robert Gates Iran strategic ambiguity

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