Halftime Report Reacting to Trump’s Call with Xi 6/5/25
Jun 5, 2025
Eamon Javers, a seasoned Washington correspondent, dives into the recent call between President Trump and President Xi, unpacking their trade discussions and the lack of concrete outcomes. The conversation also touches on the rising tensions between Trump and Elon Musk, fueled by social media exchanges and divergent views on policy. Javers highlights the stock market's mixed reactions, especially regarding Tesla and the economic outlook following the latest jobs report. The dialogue provides keen insights into emerging investment opportunities and the evolving political landscape.
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Trump-Xi Call: Warm Words, No Details
- The Trump-Xi call brought diplomatic warmth but lacked specifics on tariff changes or trade terms.
- Markets responded lukewarm due to absence of concrete trade deal details.
Musk and Trump’s Public Rift
- Elon Musk and President Trump had a close political relationship that recently fractured publicly.
- Musk live-tweeted in real time during the Oval Office event, disputing the president’s claims about the EV bill.
Fragile Economy Sustained by Trade Hopes
- The economy remains fragile, described as "skating on ice" but not in immediate danger.
- Markets stay buoyed mainly by the hope that Trump-Xi talks signal progress on trade.