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Three months into the Iran war, the Strait of Hormuz is in a standoff and the geopolitical fallout is spreading fast. Kori Schake of the American Enterprise Institute breaks down with Ian Bremmer what the conflict means for US power and the ambitions of Russia and China.

US President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport during his visit to the country, in Beijing, China, on May 13, 2026.
REUTERS/Evan Vucci

Xi Jinping will welcome Donald Trump with lots of pomp and circumstance. The summit, though, will be short on substance.