Feb 10, 2017

The takeaways from Trump's joint presser with Abe

Evan Vucci / AP

  • The immigration ban: The president said he has "no doubt" he'll eventually prevail in court and hinted that something is coming "very rapidly" next week on national security.
  • TPP: Prime Minister Abe dodged multiple questions on TPP. Instead, he said he remained focused on a plan for VP Pence to begin a new economic dialogue with Japan's Deputy PM.
  • 1 fun thing: Trump reportedly didn't wear his translation earpiece for Abe's opening statement.

President Trump

  • The U.S. is committed to the security of Japan: Both countries will invest heavily in "mutual defense." Trump specifically singled out the North Korean threat as "very, very high priority."
  • Wants a trading relationship that is free, fair and reciprocal — "benefitting both of our countries."
  • Asked about China's role in Asia: Trump mentions his call with President Xi yesterday, but spiraled away into a discussion on Obamacare.

Prime Minister Abe

  • "Some people mistakenly pronounce my name as 'Abe' which is okay," because even in Japan everyone know the name of "the great president [Lincoln]."
  • Large scale infrastructure investment: Abe said that Japan could help the U.S. build a bullet train from DC to NYC.

Go deeper

China tries to contain coronavirus, as Apple warns of earnings impact

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

As China pushes to contain the spread of the novel coronavirus — placing around 780 million people under travel restrictions, per CNN — the economic repercussions continue to be felt globally as companies like Apple warn of the impact from the lack of manufacturing and consumer demand in China.

The big picture: COVID-19 has now killed at least 1,775 people and infected more than 70,000 others, mostly in mainland China. There are some signs that new cases are growing at a slower rate now, although the World Health Organization said Monday it's "too early to tell" if this will continue.

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Apple will miss quarterly earnings estimates due to coronavirus

Apple CEO Tim Cook

Apple issued a rare earnings warning on Monday, saying it would not meet quarterly revenue expectations due to the impact of the coronavirus, which will limit iPhone production and limit product demand in China.

Why it matters: Lots of companies rely on China for production, but unlike most U.S. tech companies, Apple also gets a significant chunk of its revenue from sales in China.

America's dwindling executions

The Trump administration wants to reboot federal executions, pointing to a 16-year lapse, but Pew Research reports the government has only executed three people since 1963.

The big picture: Nearly all executions in the U.S. are done by states. Even those have been steadily dropping for two decades, per the Bureau of Justice Statistics (BJS) — marking a downward trend for all executions in the country.