May 14, 2019

Trump calls trade war "a little squabble with China"

Photo: Saul Loeb/AFP/Getty Images

President Trump dismissed the ongoing trade war, which kicked off in earnest this week, as "a little squabble with China" while speaking to reporters outside the White House on Tuesday.

The big picture: The effects of the trade war have been felt in industries across the country. Yesterday's announcement that China would seek to impose retaliatory tariffs against the U.S. set off Wall Street's worst day in months. And the bad news spread to Silicon Valley, where Uber's IPO lost billions in market value as it got caught up in the trade war storm, as well as America's heartland, where soybean farmers saw their prices — already sagging thanks to the ongoing trade dispute — sink to a 10-year low.

Go deeper: America is suffering for its trade war

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Pompeo tells Congress Hong Kong is no longer autonomous from China

Photo: Nicholas Kamm/POOL/AFP via Getty Images

Secretary of State Mike Pompeo said in a statement Wednesday that he has certified to Congress that Hong Kong is no longer autonomous from China and does not warrant special treatment under U.S. law.

The big picture: The Chinese Communist Party has unveiled a sweeping new security law that will criminalize sedition, foreign influence and secession in Hong Kong. The move and the subsequent reaction from the U.S. has put the once semi-autonomous city's status as one of Asia's largest financial hubs at risk.

Podcast: Trump vs. Twitter ... vs. Trump

Twitter came under fire on Tuesday for allowing President Trump to tweet conspiracy theories about Joe Scarborough and the 2001 death of one of his staffers, despite the objections of the staffer's family. The company came under further fire from Trump himself for fact-checking two of his tweets about mail-in voting.

Dan and the New York Times' Kara Swisher dig into Trump’s use of the platform and Twitter’s steps — and missteps — in handling it.

Go deeper: Trump has turned Big Tech's speech rules into a political football

24 mins ago - Technology

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 11:30 a.m. ET: 5,618,829 — Total deaths: 351,146 — Total recoveries — 2,311,404Map.
  2. U.S.: Total confirmed cases as of 11:30 a.m. ET: 1,681,793 — Total deaths: 98,933 — Total recoveries: 384,902 — Total tested: 14,907,041Map.
  3. Public health: Fauci says data is "really quite evident" against hydroxychloroquine — Nearly half of Americans say someone in their household has delayed medical care.
  4. Tech: Zipline drones deliver masks to hospitals; vaccines could be next
  5. Business: Boeing to lay off 6,770 more U.S. employees.
  6. 🏒Sports: NHL unveils 24-team playoff plan to return from hiatus.
  7. What should I do? When you can be around others after contracting the coronavirus — Traveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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Updated 29 mins ago - Politics & Policy