President Donald Trump has suggested holding denuclearization talks with China and Russia, stating that there is no reason for new nuclear weapons. He plans to pursue these talks once issues in the Middle East and Ukraine are resolved. Trump also expressed his desire to schedule meetings with Chinese President Xi Jinping and Russian President Vladimir Putin early in his second term and request that the countries cut their military budgets in half. The US has significantly reduced its nuclear arsenal since 1989, while Russia and China still maintain substantial stockpiles of nuclear warheads.