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On this week’s GZERO World Podcast, Ian Bremmer sits down with Bonny Lin, director of the China Power Project at the Center for Strategic and International Studies, for a look at one of the most dangerous flashpoints in the world: the Taiwan Strait. China has been conducting drills around Taiwan for years, but since the current pro-independence president, William Lai, took office in 2024, Beijing has been staging near-daily military exercises near the island–larger, louder, and more aggressive than ever before.

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- YouTube

Chinese President Xi Jinping has made reunification with Taiwan a key pillar of his nationalist agenda. He’s ordered the People’s Liberation Army to be ready to seize Taiwan by 2027, and the PLA has been conducting near-daily military drills around the island–larger, louder, and more aggressive than ever before. On Ian Explains, Ian Bremmer breaks down how China could seize Taiwan without firing a single shot.

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Will Trump and Musk kiss and make up?

The extraordinary public feud between US President Donald Trump and his former government efficiency czar Elon Musk continues. Despite late night reports that the two alphas were seeking detente, Trump was reportedly unwilling to engage with Musk again on Friday morning. The potential break-up risks fracturing the MAGA coalition and could affect Trump’s efforts to pass his “big beautiful” spending agenda (which Musk has called “an abomination.”) And if things get really ugly, could Musk actually start a third party?

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US President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 29, 2019.

REUTERS/Kevin Lamarque

Trump speaks with Xi

US President Donald Trump and his Chinese counterpart Xi Jinping spoke Thursday for the first time since the former returned to office, as a recent pause in their trade war looked set to fall apart. Both sides recently stepped back from mutual triple-digit tariffs, but Beijing has drawn fire from Trump for restricting the export of rare earths minerals used by the US auto and tech industries. No breakthroughs were announced but Trump described the call as “very positive” and said a summit is in the works.

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- YouTube

On Ian Bremmer’s World In 60 Seconds: Ian breaks down the rift between President Trump and Elon Musk over Trump’s “big beautiful bill”, Mexico’s democratic backslide, and South Korea's new leadership.

Ian's takeaways:

On Trump-Musk feud: “I think Elon is mad at a bunch of stuff right now. And as we know, he's not exactly stable in how he puts his views out as he has them.”

On Mexico’s judicial reform: “It’s really bad for democracy… and leads to a lot more corruption.”

On South Korea’s new leadership: “He (Lee Jae-myung) says he wants to govern as a centrist, but I suspect he’s going to govern more to the left.”

Beijing's Tiananmen Square on June 4, 2025, the 36th anniversary of China's Tiananmen Square crackdown on pro-democracy demonstrators.

Kyodo via Reuters Connect

36: Today marks the 36th anniversary of China’s deadly crackdown on pro-democracy protesters occupying Tiananmen Square on June 4th, 1989. The death toll from the day remains disputed, though certain groups have put it in the thousands. US Secretary of State Marco Rubio commemorated the crackdown yesterday, incurring the wrath of Beijing’s Foreign Ministry.

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Iranian Supreme Leader Ayatollah Ali Khamenei speaks to the crowd during a commemoration ceremony held to mark the first anniversary of the death of former President Ebrahim Raisi and his entourage in Tehran, Iran, on May 20, 2025.

ZUMA Press Wire via Reuters Connect

Iranian leader pours cold water on nuclear deal

US President Donald Trump’s hopes of clinching a quick and easy nuclear deal with Iran appear to be dashed, after Iranian Supreme Leader Ayatollah Ali Khamenei described the White House proposal – sent on Saturday – as “rude and arrogant.” The rejection comes days after a UN nuclear watchdog reported that Iran’s uranium is approaching weapons-grade levels. Even so, “Iran isn’t rejecting diplomacy and talks are likely to continue,” says Eurasia Group’s Iran expert Gregory Brew.

A Big Beautiful ‘Abomination’

“A disgusting abomination” – that’s how Tesla owner Elon Musk described the House Republicans’ “Big Beautiful Bill” on Tuesday afternoon, as his divorce from Trump grows increasingly public. Following Musk’s comment, some of the very people who passed the House bill are also now expressing buyer’s remorse. It looks like the chainsaw-wielding Musk has instead turned to throwing wrenches…

Mongolian PM steps down

Prime Minister Luvsannamsrai Oyun-Erdene has resigned following protests about alleged corruption. Mongolia is a sprawling, resource-rich former-Soviet satellite surrounded entirely by Russia and China. Unlike anyone else in the neighborhood, it has maintained a functioning multiparty democracy since the early 1990s, but this resignation marks a setback. A successor to Oyun-Erdene will be named within 30 days.

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