Minnesota, social media trial, China purge and LVMH

President Donald Trump signals a new conciliatory note on Minnesota after a phone call with the state Governor Tim Walz, while top U.S. Border Patrol official Gregory Bovino gets a demotion and will leave Minneapolis. Meta, TikTok and YouTube will stand trial over claims of a youth mental health crisis. In China, President Xi Jinping’s corruption purge hits his inner circle. And LVMH investors demand transparency on succession plans.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices