Bloomberg This Weekend | Trump Returns from China, Xi to Meet with Putin, LIRR Goes on Strike

Summary

The weekend news program covers President Trump's return from China after summiting with Xi Jinping, focusing on Taiwan, trade deals, and AI chip tensions. Other segments discuss the LIRR strike, the war in Iran's impact on oil and lubricants, Louisiana primary elections, UK political turmoil, and the economics of influencer kids.

• Trump and Xi met in Beijing; Taiwan was a key topic with Xi issuing blunt warnings.
• China and the U.S. agreed to lower some tariffs and Boeing secured a 200-plane order.
• President Putin announced a visit to Beijing following the U.S.-China summit.
• Workers on the Long Island Rail Road went on strike, disrupting commuter service.
• The war in Iran and closed Strait of Hormuz are causing lubricant shortages and higher prices.
• Inflation data remains stubbornly high, reducing expectations for a Fed rate cut.
• Louisiana held a closed primary election with a Trump-backed candidate challenging incumbent Senator Cassidy.
• UK Prime Minister Keir Starmer faces internal party pressure after poor local election results.