Axios

As the U.S. and China gear up for a trade war, Taiwan is stuck in the middle — and worried it'll become a bargaining chip.

The bottom line: The U.S. is stoking Beijing’s ire by increasing its engagement with the self-governing island. Things could heat up quickly if the U.S. backs away from the One-China policy, which prevents Washington from recognizing Taiwan’s independence. While he’s unlikely to abandon the policy entirely, President Trump could raise the issue if China won’t give in to his trade demands, according to Richard Bush, a Taiwan expert at Brookings.

The health care industry is inching closer to employing 16 million people, keeping it ahead of the retail and manufacturing industries as the country's largest source of jobs. In the 18 months since President Trump was elected, health care companies have added an average of 24,000 jobs per month.

The bottom line: Everyone gets sick and dies, making health care a mostly recession-proof industry. But that doesn't mean rising health care employment is good for the economy since more jobs inevitably leads to higher spending.

Why it matters: Confronting China's auto industry has always been part of the White House's plan, as Axios' Jonathan Swan reported last March. Per Swan, China currently exports very few cars to the U.S., but it's itching to sell dramatically more. Trump is perfectly positioned to negotiate the terms of China's market entry. He's got plenty of leverage with tariff levels and ownership restrictions.

Correction: An earlier version of this article incorrectly claimed that Trump had the rates swapped between China and the U.S. His tweet is correct. We regret the error.

Chinese state-run media and government officials in Beijing, who have largely remained quiet as the United States and China hit each other with tit-for-tat tariffs, have started to ramp up their rhetoric to slam the economic positions of Washington and President Trump.

In the world’s perception, the U.S. is overshadowed by an anxiety disorder and is very keen to show its anxiety.

In a plea to save their own paper, Denver Post editors printed this photo on the cover of today's opinion section, showing 142 members of the newsroom staff on May 15, 2013, and the toll that layoffs and turnover have taken since then.

President Trump tweeted on Sunday that the burgeoning potential trade war between the United States and China won't get in the way of his relationship with Chinese President Xi Jinping, who he hosted at Mar-a-Lago and visited in Beijing. But, most notably, Trump sounded optimistic that the conflict might be worked out soon:

The details: China and the U.S. have been hitting each other with tit-for-tat tariff announcements for the past two weeks, and the stock market has been caught in the crossfire. And China filed a case with the World Trade Organization last week accusing the U.S. of violating global trade rules.