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

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
By Zac Weisz,
Zac Weisz

Zac reports on global affairs, covering everything from battles between judicial branches and political leaders, to conflicts in Africa, Europe, and the Middle East. With the Trump administration keen to alter the world order, though, there’s a heavy emphasis right now on US politics – an area with which he is intimately familiar. Prior to joining GZERO, Zac was a senior national politics correspondent at National Journal, where he covered the 2024 presidential election from its inception to the dramatic finish, as well as major congressional actions during the Biden administration. Prior to journalism, Zac worked as an economic analyst for Oxford Economics, calculating the impact of various tax policies, and of Britain’s exit from the European Union. Born in London, he currently resides in New York City, where you can find him playing football (the original version) or watching it on television while attempting to cook up a storm.

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Alex Kliment,
Alex Kliment
Alex wears a few different caps and tips them all regularly. He writes for the GZERO Daily, works as a field correspondent for GZERO's nationally syndicated TV show GZERO WORLD WITH IAN BREMMER, and writes/directs/voices GZERO's award-winning puppet satire show PUPPET REGIME. Prior to joining GZERO, Alex worked as an analyst covering Russia and broader Emerging Markets for Eurasia Group. He has also written for the Financial Times from Washington, DC, and Sao Paulo Brazil. In his spare time, he makes short films and composes scores for long ones. He studied history and Slavic literature at Columbia and has a Master's from Johns Hopkins SAIS. He's a native New Yorker, a long-suffering Mets fan, and owns too many bicycles.
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Lizzy Yee
Lizzy Yee
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June 11, 2025
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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 Bremmer sat 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.

benjamin netanyahu china elon musk midterm elections trade netanyahu

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