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Pelosi pledges the US wouldn’t abandon Taiwan, the Fed’s fight with inflation is far from over and Robinhood cuts jobs.

House Speaker Nancy Pelosi pledged that the US wouldn’t abandon Taiwan, reaffirming American support for the democratically elected government in Taipei despite threats of fresh trade curbs and military actions by Beijing. Here are the ways China has already responded and what it could still do, including trade curbs. China’s failure to follow through on some of the more extreme measures proposed by nationalists to stop Pelosi from visiting Taiwan has left some on the mainland disappointed. Pelosi hinted gender is the real reason China is mad at the Taiwan trip. The ripples from Pelosi’s trip may take time to affect global markets.