WSJ What’s News U.S. and China Signal Trade Progress Ahead of Trump-Xi Meeting
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Oct 27, 2025 
Meredith McGraw, a Wall Street Journal reporter traveling with President Trump, shares insights on his recent Asia trip and the trade agreements made in Malaysia. Chelsea Delaney discusses Javier Milei's win in Argentina and how it could influence market reforms and aid discussions. Harriet Torrey reveals troubling trends in the U.S. gender pay gap, highlighting the adverse effects of return-to-office policies on women's earnings. The conversation touches on significant geopolitical and economic shifts impacting both the U.S. and global landscape.
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Pomp As A Diplomatic Tool
- President Trump's Asia trip blends showmanship with dealmaking to win favor from regional leaders.
- Leaders stage lavish ceremonies to curry favor and seek relief on trade and defense demands.
Talks Before Trump-Xi Lift Markets
- U.S. and Chinese negotiators signaled constructive talks ahead of a Trump-Xi meeting in Asia.
- Markets reacted positively, with China and Japan indexes rising on hopes for progress.
Milei's Midterm Breakthrough
- Javier Milei's party won almost 41% in Argentina's midterms, doubling its congressional representation.
- The victory secures at least a third of seats in both chambers and strengthens Milei's reform mandate.