Trump flip-flops on China, Nato – and Bannon | The minute

Both. Neither. OK? Photograph: Brendan Smialowski/AFP/Getty Images

10.42pm BST

1. Policy roulette

Building on recent policy swerves on Syria and Russia, Donald Trump changed his mind Wednesday on Janet Yellen, the Export-Import Bank and Nato. “I said it was obsolete,” Trump said. “It’s no longer obsolete.”

Tillerson meets Putin

Gesturing to Nato secretary general Jens Stoltenberg at the White House. Photograph: REX/Shutterstock

10.41pm BST

Summary

Trump also declined to call China a currency manipulator after promising during the campaign to call China a currency manipulator “on day one”. Then Trump said the US dollar was “getting too strong” at which the dollar dropped sharply.

10.40pm BST

Summary

Trump also said of his aid Steve Bannon, who is clashing with his son-in-law: “I like Steve, but you have to remember he was not involved in my campaign until very late... I’m my own strategist.”

Under the bus, Bannon

At the White House Wednesday. Photograph: Carlos Barria/Reuters

10.40pm BST

No easy day

10.40pm BST

2. Trump remembers cake, forgets name of country he attacked

In an interview with Fox News, Trump described how he had made the decision to launch a missile attack on Syria last week while enjoying dessert with Chinese president Xi Jinping. Except Trump misstated which country he attacked.

Watch the video

What’s for dessert? Photograph: Jim Watson/AFP/Getty Images

10.39pm BST

'The most beautiful piece of chocolate cake'

We had the most beautiful piece of chocolate cake that you’ve ever seen. And President Xi was enjoying it... I said Mr President, let me explain something to you. This was during dessert... I said, ‘We’ve just launched 59 missiles heading to Iraq’.

– Donald Trump, on attacking Syria

10.39pm BST

3. Become a Guardian member

It might take just a minute to catch up on the latest politics news. But good journalism takes time and costs money. If you like the Guardian’s politics coverage, please consider joining us by becoming a member for only $6.99 a month. Thanks for reading!

Become a Guardian member

10.39pm BST

4. No longer secret agent man

Former Trump campaign chairman Paul Manafort will register as a foreign agent for past lobbying work, the AP reported. “Mr Manafort received formal guidance recently from the authorities and he is taking appropriate steps in response to the guidance,” a Manafort spokesperson said.

An unregistered foreign agent ran a winning US presidential campaign. Good times. Photograph: Matt Rourke/AP

10.38pm BST

5. Cold war shmold war

Right now, we’re not getting along with Russia at all. We may be at an all-time low in terms of relationship with Russia.

– Donald Trump, at a news conference

10.38pm BST

...and another thing:

10.38pm BST

...and another thing:

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes