Chinese Deals & Jet Fuel: U.S. Ambassador to China & RyanAir CEO 5/18/26

After President Trump’s meeting with President Xi in Beijing, U.S. Ambassador to China David Perdue, who was in the room with both leaders, discusses the trade agreements between nations and America’s stance on Taiwan. The largest low-cost air carrier on the European continent RyanAir says it’s well hedged amid a global jet fuel crunch, but CEO Michael O’Leary warns that other airlines may face pricing challenges through the end of the summer. Plus, there’s a run on Swatch watches, and Berkshire Hathaway’s 13F is out, offering a peek at Greg Abel’s first decisions as CEO. David Perdue - 16:28 Michael O’Leary - 33:33 In this episode: Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie