Iran, Trade, Tech, Taiwan on Agenda for Trump-Xi Summit
The Lead with Jake Tapper
CNN
3.5 • 1.7K Ratings
🗓️ 14 May 2026
⏱️ 82 minutes
🧾️ Download transcript
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| 0:00.0 | So who holds the best cards when Trump meets with Xi tonight? |
| 0:07.0 | The lead starts right now. |
| 0:09.0 | President Trump, just hours away from his first face-to-face with Xi Jinping, |
| 0:15.0 | does the Chinese leader have an upper hand in negotiations? |
| 0:20.0 | Well, we're going to talk to a former White House insider who |
| 0:22.7 | says yes, after dealing directly with China for years. And a shocking twist in a trial that |
| 0:30.2 | captured the nation's attention, a court overturning the murder convictions of Alec Murdoch, |
| 0:35.9 | the South Carolina lawyer who took the stand to his |
| 0:37.6 | own defense denying that he killed his wife and son. Why today's decision does not mean case |
| 0:43.2 | closed just yet. Plus, U.S. Supreme Court Justice Neil Gorsuch is out on a book tour. He's |
| 0:49.6 | got a kid's book he wrote, but more interesting to us, a podcaster's real deep dive on Gorsuch's |
| 0:56.8 | life. She'll be here with details you have not heard before. |
| 1:05.9 | Welcome to the lead. I'm Jake Tapper. We begin in our world lead. We're hours away from a summit |
| 1:10.2 | between President Trump and Chinese President Xi Jinping that could be critical to the U.S. war with Iran, as well as the U.S. economy. |
| 1:18.8 | Trump is expected to encourage China to push Iran, an ally of China, to reopen the state of Hormuz and to agree to a peace deal in the Iran war. |
| 1:27.0 | The stakes on such progress |
| 1:29.0 | are considerable. A Pentagon official now says the Iran war has just so far cost the U.S. $29 billion, |
| 1:36.9 | which is $4 billion higher than the Pentagon's estimate to Congress two weeks ago. |
| 1:41.5 | American taxpayers are already, of course, feeling the effects of the war |
| 1:45.0 | with Iran closing the Strait of Hormuz to oil traffic. The Trump administration is draining |
| 1:50.1 | America's emergency oil stockpile at the fastest pace on record, even faster than under Biden. |
| 1:58.5 | Some analysts warn that the national average for gas will eventually, if not |
... |
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