Global Relations Shift as Allies Seek Deals with China Amidst Trump's Trade Policies
Amidst growing global turbulence and uncertainty, several U.S. allies are reportedly seeking stronger trade ties with China and India, spurred by President Trump's tariffs and rhetoric. The shift comes as these nations look to diversify their trade relationships away from the United States, according to NPR.
The move towards China was evident as British Prime Minister Keir Starmer and Chinese President Xi Jinping called for a "comprehensive strategic partnership" to deepen ties between their nations. The Associated Press reported that while neither leader explicitly mentioned Donald Trump, the U.S. president's challenge to the post-Cold War order was clearly a factor in their discussions. "I think that working together on issues like climate ch," Starmer said.
Lauren Frayer and Jackie Northam of NPR reported that some U.S. allies are going "cap-in-hand" to Asian superpowers China and India, signaling a significant change in international trade dynamics.
In other news, Medicare Advantage health plans are facing potential changes in reimbursement rates. According to NPR, the Centers for Medicare & Medicaid Services (CMS) proposed a plan to keep payments to Medicare Advantage flat in 2027, which has stirred concern among health insurance stocks. Fred Schulte of NPR reported that some health policy experts believe the plan could help reduce billions of dollars in overcharges that have been common in the program for more than a decade.
Meanwhile, in the United States, a new survey commissioned by the Peter G. Peterson Foundation revealed a growing consensus among voters regarding the national debt. Fortune reported that 72% of Democrats and 87% of Republicans agree that lawmakers should spend more time focused on the debt. Foundation CEO Michael G. Peterson noted "as our nation r," highlighting the growing voter anxiety as the country's financial obligations mount.
In other news, Shirley Raines, a social media creator known as "Ms. Shirley" on TikTok, passed away at the age of 58, according to Fortune. Raines, who had over 5 million followers, dedicated her life to caring for people experiencing homelessness through her organization Beauty 2 The Streetz. The organization wrote on social media that "Raines life made an immeasurable impact," adding that "through her tireless advocacy, deep compassion, and unwavering commitment, she used her powerful media platform to amplify the voices of those in need and to bring dignity, resources, and hope to some of the most underserved p."
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