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Chinese President Xi Jinping and President Trump at the 2018 G20 summit. Photo: Saul Loeb/AFP/Getty Images

President Trump tweeted Tuesday that he spoke with Chinese President Xi Jinping on the phone this morning and that the two leaders agreed to have an "extended meeting" at the G20 summit in Japan on June 28–29. He added that talks between the two sides will take place before the meeting.

Why it matters: The Dow jumped several hundred points on the news that Xi and Trump have agreed to meet, with the risk of new tariffs on $350 billion of Chinese goods still looming over the global economy. Trump threatened last week that the tariffs would go into effect if Xi failed to attend the G20.

Go deeper: Why the world can't afford a trade war right now

Go deeper

35 mins ago - Health

U.S. tops 88,000 COVID-19 cases, setting new single-day record

Expand chart
Data: COVID Tracking Project; Chart: Axios Visuals

The United States reported 88,452 new coronavirus cases on Thursday, setting a single-day record, according to data from the COVID Tracking Project.

The big picture: The country confirmed 1,049 additional deaths due to the virus, and there are over 46,000 people currently being hospitalized, suggesting the U.S. is experiencing a third wave heading into the winter months.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day.
  2. Politics: Top HHS spokesperson pitched coronavirus ad campaign as "helping the president" — Space Force's No. 2 general tests positive for coronavirus.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. Sports: MLB to investigate Dodgers player who joined celebration after positive COVID test.
  5. 🎧Podcast: The vaccine race turns toward nationalism.

The norms around science and politics are cracking

Illustration: Aïda Amer/Axios

Crafting successful public health measures depends on the ability of top scientists to gather data and report their findings unrestricted to policymakers.

State of play: But concern has spiked among health experts and physicians over what they see as an assault on key science protections, particularly during a raging pandemic. And a move last week by President Trump, via an executive order, is triggering even more worries.