Thursday Afternoon Breaking News Updates with Ben - 5/14/2026

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The MeidasTouch Podcast 1h 6m 6 speakers 8 chapters transcribed 4 months ago
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What is the main topic discussed in this episode?

Ben Meiselas 0:05
This has been on Breaking News. I'm Ben Myselis and this is your Breaking News. Donald Trump's disastrous trip in China continues. We've been covering all of the developments there. I usually count wins by did you get something? out of a trip, out of a negotiation, out of a deal. And it seems that what Xi Jinping was getting out of this were tangible things. Xi Jinping's plan for unification of Taiwan, as he refers to it as, getting his hands on the H-200 GPU chips, those semiconductor chips that the United States never previously gave China or anyone else for national security concerns. China having the ability to protect itself as a global hegemon on par with the United States.

What were the key developments from Donald Trump's trip to China?

Ben Meiselas 1:04
China setting bright lines about what can and can't be discussed. You shall not discuss the Taiwan issue except under our terms. Do not discuss with us or make any claims or demands about Jimmy Lay, who's the pro-democracy Hong Kong media mogul who's in prison for over 20 years, who was leading pro-democracy movements and rallies in Hong Kong. Donald Trump in 2024 promised as part of the campaign that Jimmy Lai would be immediately freed when Trump took office. He goes, I've got a great relationship with Xi Jinping. It'll be very easy for me to get Jimmy out of prison. And of course, even right before Donald Trump took the trip. uh, to China. Trump took it off the table and compared Jimmy to, uh, James Comey and said, uh, you know, James Comey is a dirty cop.
Ben Meiselas 2:02
If somebody asked me to release Comey from prison, do you think I would do it? Jimmy Lay is causing a lot of bedlam in China, a lot of bedlam, creating lots of issues for my friend G and what this entire, uh, charade, uh, Donald Trump going to China basically looked like is Donald Trump wanting to be liked by a fellow authoritarian who's more powerful than him. Donald Trump wanting to feel accepted. Donald Trump wanting to look strong, whereas Xi Jinping came in with a kind of clear plan, with a clear strategy. And Xi Jinping extracting what he wanted out of this meeting. And as I sit here today with everybody, as we do Ben on breaking news, I ask you sincerely, I mean, what did the United States get?
Ben Meiselas 2:58
I mean, I could try to look at it as objective as I can. He manipulated the market. So the markets here, if you have stock, and specifically if you have stock on the NASDAQ and the S&P, you did good today. So I guess that was something long-term. I think stocks and companies depend on consumers, depend on people. And if you keep on destroying the ability of people to afford things, eventually this whole Ponzi scheme is going to unravel. But perhaps for Donald Trump, his ideas, look. I'm going to do Ponzi scheme presidency, and I'm just going to pass it off to whoever.

How does Xi Jinping's plan for Taiwan impact U.S.-China relations?

Ben Meiselas 3:40
Maybe we get a Democratic president in the future. Then I'll be like, look, I set us up to be perfect, and you destroyed it. So then the arsonist blames the firefighter. I mean, that's kind of the MO of these MAGA Republicans. But I don't think that America got anything. Did the Strait of Hormuz open? No. Did the United States open? Get any firm deals from China? I mean, did they agree? You know, other than the H200 chips, which they strategically want, because once they have them, they'll be able to copy them pretty quickly and catch up technologically to where the U.S. is on semiconductors. But what else did we get? What was the big get by the United States? It's frankly unclear to me. And now, I suppose as expected, Israel, which is also launching a defamation lawsuit against the New York Times.
Ben Meiselas 4:36
I never realized that countries can file defamation lawsuits. I'm a law professor. The first time I heard of that, Israel expects the war to resume in Has it really ever stopped? But war to resume as soon as Donald Trump returns from China and will raise its military readiness to the maximum level when he lands per Con 11A. Israeli TV station. The US told Israel directly a few hours ago that Trump may soon order strikes inside Iran, with Israel already bracing for the Iranian response.

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