Laura Coates Live

The Justice Department announced the creation of a $1.776 billion fund to compensate President Trump’s allies who claim they were unfairly targeted by the previous administration. It’s an unprecedented move that would allow the president’s administration to pay his supporters from a government agency he controls with taxpayer money.
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President Trump departed Beijing without any immediate sign that the US and China have resolved challenges dogging their relationship, but with a freshly stabilized relationship with Chinese leader Xi Jinping for now.
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Xi Jinping hailed the US-China relationship as the world’s most consequential, telling Trump: “We must make it work and never mess it up.” He also said Taiwan “is the most important issue in China-US relations” and it could create a “highly dangerous situation” if mishandled.
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Chinese leader Xi Jinping told President Donald Trump their countries should be “partners rather than opponents” as they began a high-stakes summit in Beijing. Over two days of meetings, they are expected to discuss a range of thorny issues, including tech, trade and Taiwan.
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For the first time in three years, Americans’ wages are no longer outpacing inflation. Prior to the late-February US-Israeli strikes on Iran, inflation had eased to 2.4%. It leaped higher in March, and now, the energy price shock from the Iran war is further compounding longstanding affordability concerns for Americans weighed down by years of fast-rising prices.
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