On April 7, as Trump and Chinese leader Xi Jinping met at Mar-a-Lago, Chinese bureaucrats issued an order telling traders to send North Korean coal cargoes back from where they came. Reuters says in a scoop that it has tracked a dozen cargo ships headed from China to North Korea's main west coast port of Nampo, full or mostly full. At the same time, after importing no U.S. coking coal from 2014 through 2016, China bought 400,000 metric tons by the end of February, Reuters said.

Why it matters: China is North Korea's main trading partner, and coal is North Korea's main export. By turning back the cargoes, China is sending a sharp signal of unhappiness with Kim's flaunting of his ballistic missile technology, which experts think might achieve the ability to hit the continental US within two years. The surge in US imports makes the message even clearer.

Get smarter: What the coal politics won't do is change Kim's missile policies. To get there, China and the US will have to somehow jointly reassure the skittish and youthful Kim that he will not be the victim of regime change.

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Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.