Brookings Institution senior fellow Robert Kagan told CNBC that Russia and China could act more aggressively within two years if they judge President Donald Trump politically weakened and “on his way out” after Democrats won both chambers of Congress. He argued the war with Iran exposed US military limits, as missile-defense interceptors were heavily depleted and three aircraft carriers were sent to the Middle East, reducing US naval presence in Asia. Kagan said Trump’s main interest now is economic deals with China, which could push Beijing to be even more aggressive. Trump approved an $11 billion arms package for Taiwan in December but held back a second package of about $14 billion, calling it a “bargaining chip” in talks with China. Meanwhile, the three countries are discussing a possible Trump–Xi–Putin summit at APEC in Shenzhen later this month, though no agenda has been announced.
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geopoliticsDonald TrumpChinaRussiaTaiwan
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Related tickers and likely impact
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/04/2026 | 4,061.47 |
| Change that session | +2.92% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/04/2026 | 4,050.62 |
| Change that session | +2.95% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 11/04/2026 | 4,060.57 |
| Change that session | +3.32% |
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