In this episode of The PDB Situation Report:

• The U.S.-China tariff war continues to simmer. Washington floats the idea of cutting tariffs—while Beijing warns the world not to strike deals with America at its expense. Christopher Balding, a leading expert on Chinese financial markets, joins us to break it down.

• A brutal terrorist attack in Indian-controlled Kashmir leaves 26 civilians dead. Now, tensions are rising between India and Pakistan—two nuclear-armed rivals. Intelligence analyst Siddhant Kishore explains what’s at stake if this turns into something bigger.

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