China has asked the U.S. to bar a Taiwanese delegation from attending Trump's inauguration, according to the AP. Foreign ministry spokeswoman Hua Chunying said that both Trump's transition team and the Obama administration have received the request.
Why this matters: Trump angered Beijing by talking with Taiwanese President Tsai Ing-wen over the phone shortly after winning the presidential election. China claimed the call threatened the One China Policy and has been firm in its opposition to Taiwan undermining the China-U.S. relationship.
British Prime Minister Theresa May gave the most detailed description yet for her vision of Brexit in a speech Tuesday, and her words triggered a bout of selling on London's FTSE index, which was down more than 1%.
What she said:
The U.K. will pursue an equal partnership between a fully independent Britain and the EU — no "half-in, half-out" arrangements will be sought
Her top priority will be ending the jurisdiction of the European Court of Justice in Britain, and bringing back to Parliament full control over immigration policy
May would like to achieve these goals while still pursuing strong free trade arrangements with the EU and the rest of the world.
We do not seek to adopt a model already enjoyed by other countries. We do not seek to hold on to bits of membership as we leave... The United Kingdom is leaving the European Union. My job is to get the right deal for Britain as we do. —British PM Theresa May, in excerpts from a speech to be delivered today
