Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

President Trump. Photo: Jabin Botsford/The Washington Post via Getty Images

The Trump administration announced on Friday that Chinese journalists working for non-American media outlets in the U.S. will be limited to 90-day work visas, The New York Times reports.

The big picture: The U.S. and China have gone back and forth for months over the other's media presence as relations between the two countries deteriorate, per the Times. The latest restrictions from the U.S. will likely escalate tensions as the two nations battle for global influence.

The state of play: Chinese journalists used to have open-ended, single-entry stays in the U.S. They will be able to apply for extensions, but those, too, will be limited to 90 days, the Times notes.

What they're saying:

  • American officials said the new restrictions are needed to counterbalance the "suppression of independent journalism" in China.
  • Both American and Chinese journalists have expressed concerns that the back-and-forth between the two countries will impede on their ability to properly report.

What to watch, via Axios' Bethany Allen-Ebrahimian: China will likely respond to the restrictions with its own against American journalists.

Go deeper: The debate over U.S. restrictions on Chinese journalists

Go deeper

Jun 21, 2020 - World

Exclusive: Trump held off on Xinjiang sanctions for China trade deal

Illustration: Aïda Amer/Axios

In an Oval Office interview on Friday afternoon, President Trump told me that he held off on imposing Treasury sanctions against Chinese officials involved with the Xinjiang mass detention camps because doing so would have interfered with his trade deal with Beijing.

Driving the news: Asked why he hadn't yet enacted Treasury sanctions against Chinese Communist Party officials or entities tied to the camps where the Chinese government detains Uighurs and other Muslim minorities, Trump replied, "Well, we were in the middle of a major trade deal."

1 hour ago - Health

Standardized testing becomes another pandemic victim

Photo: Edmund D. Fountain for The Washington Post via Getty

National standardized reading and math tests have been pushed from next year to 2022, the National Center for Education Statistics (NCES) announced Wednesday.

Why it matters: There’s mounting national evidence that students are suffering major setbacks this year, with a surge in the number of failing grades.

1 hour ago - World

European countries extend lockdowns

A medical worker takes a COVID-19 throat swab sample at the Berlin-Brandenburg Airport. Photo by Maja Hitij via Getty

Recent spikes in COVID-19 infections across Europe have led authorities to extend restrictions ahead of the holiday season.

Why it matters: "Relaxing too fast and too much is a risk for a third wave after Christmas," said European Commission President Ursula von der Leyen.