In an exclusive interview airing Sunday on 60 Minutes, President Trump said that Chinese President Xi Jinping knows "the consequences" of military action in Taiwan, but he declined to expand on his plan if China were to invade the island, telling correspondent Norah O'Donnell: "I can't give away my secrets.
Main Idea: President Donald Trump said China knows the consequences of any military move against Taiwan, but he would not say what he would do if an invasion happened.
Key Points:
Trump’s vague warning on Taiwan can raise fear of a US-China clash, which could shake markets, raise prices, and disrupt jobs and trade.
Trump’s public warning may deter China from taking military action, which could lower the chance of a crisis for households and businesses.
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