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What We’re Watching: Bibi on the brink, US-China truce, Elon-Trump detente

June 11, 2025
Zac Weisz
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Alex Kliment
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Lizzy Yee
Israeli Prime Minister Benjamin Netanyahu attends a discussion on the subject of hostages kidnapped during the deadly October 7, 2023 attack, in Israel's parliament, the Knesset
Israeli Prime Minister Benjamin Netanyahu attends a discussion on the subject of hostages kidnapped during the deadly October 7, 2023 attack, in Israel's parliament, the Knesset, in Jerusalem, November 18, 2024.
REUTERS/Ronen Zvulun

Will Israel’s government be dissolved?

The warning signs are flashing for Prime Minister Benjamin Netanyahu as the Knesset prepares to vote later today on whether to dissolve his government. The crisis was triggered when a pair of ultra-Orthodox parties in Bibi’s coalition signaled last week they would ditch the coalition over plans to end certain military exemptions. For more on what the collapse of Netanyahu’s government could mean, see here.

US and China reach tariff ceasefire

The United States and China reportedly agreed to a trade truce Wednesday, with US President Donald Trump saying Chinese imports will now face a 55% tariff while Beijing keeps a 10% levy on US products. Importantly, China has restarted its exports of high-tech magnets and rare earth minerals, and the White House reaffirmed Chinese students’ access to US colleges. Still, details of any larger deal covering broader issues of market access and technological competition are far from being ironed out.

Musk v Trump: Is it too late now to say sorry?

Elon Musk appears to be tapping out in his highly-public feud with US President Donald Trump, posting on X (early) this morning that he “regrets” the insults he’s hurled at the president.We’ll be watching to see if the detente holds between these two famously volatile figures. With midterms on the horizon, it matters: Musk’s financial firepower is significant, as we saw here.

For more:Ian Bremmersat down with Semafor Co-Founder and Editor-in-Chief Ben Smith to discuss the Musk-Trump beef and what it tells us about political power in America today.

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Pakistan slides deeper into autocracy

Army Chief Asim Munir holds a microphone during his visit at the Tilla Field Firing Ranges (TFFR) to witness the Exercise Hammer Strike, a high-intensity field training exercise conducted by the Pakistan Army's Mangla Strike Corps, in Mangla, Pakistan, on May 1, 2025.

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