"We are in a new era of asset vulnerability," said John Hemmings, the Council on Geostrategy's deputy director for geopolitics.

Live updates and the latest news on the president's feud with Musk and Trump's call with China's Xi Jinping amid trade tensions between the two countries.

So far, China has made no official public threat about weaponizing its dominant position in this segment of the pharmaceutical industry. But Trump’s tariffs on the sector, if imposed, could worsen existing drug shortages and drive up prices for Americans,

Malcolm Turnbull says that China's relatively consistent and measured approach compared to the U.S.'s erraticism will be welcomed by many countries, that it is dawning on Trump he cannot bully China,