Trump tries to make deals in China. And, Senate confirms Kevin Warsh as Fed leader

Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories President Trump arrived in Beijing and met with Chinese President Xi Jinping. The U.S. says the leaders discussed expanding American products into China. Meanwhile, China says its president repeated a warning to the U.S. over Taiwan . President Trump shakes hands with Chinese President Xi Jinping during a state banquet at the Great Hall of the People on May 14, 2026, in Beijing, China. Alex Wong/ hide caption toggle caption Alex Wong/ 🎧 Xi said that if the U.S.'s relationship with Taiwan isn't handled well , the U.S. and China could clash, jeopardizing their relationship . Taiwan is considered one of the U.S.'s security partners. Taiwan's Foreign Minister Lin Chia-lung expressed doubts that Taiwan is a priority on the U.S. agenda, which is focused on trade and Iran. The U.S. government maintains that its policy toward Taiwan has not changed. Japan, which is a key U.S. ally, is also watching the U.S. state visit closely. Relations between China and Japan are at their lowest point in over a decade, especially after Japan indicated it might offer military support to Taiwan in the event of an attack by China. Japan hopes Trump will come to its defense over that statement during his visit, NPR's Anthony Kuhn says. …