2026-05-15
Trump leaves China with no Iran breakthrough. Oil rises. Markets spooked.
Good evening. Trump's China trip wrapped. No deal on Iran. Oil and bonds both took hits. The rest of the day did what it does.
What Actually Happened
President returned after his whirlwind China visit. Details trickled in all day.
He jettisoned the adversarial approach of recent years. Whatever 'learning curve' was supposed to look like, this was it.
Victims included a marine biology professor, her daughter, and two young researchers from the University of Genoa. Search continues.
Rep. Cohen, 20 years on Capitol Hill, announced Friday he will step down at term's end. Earliest casualty of the GOP's midterm redistricting campaign.
Trump called it an 'honor' to be Xi's friend. Seth Meyers asked the obvious: 'What happened to standing up to China?' No answers arrived.
Crown Prince says the project will meet global demand. An oil route around the war zone. Naturally.
Trump told reporters on Air Force One that 'we control' the Strait of Hormuz and 'wiped out' Iran's armed forces. Iran said it cannot trust the U.S.
The engagement may have breached a decades-old U.S. assurance to Taiwan not to consult Beijing on the topic. Neither side confirmed.
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"Worth paying attention to. Don't doomscroll."
"The wire took a breath. Don't get used to it."
Trump left China with nothing on Iran, markets sold everything, and the only deal that mattered was the one he didn't make.
Back at 7:00 AM ET with the morning shot brief.