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Edition from 2025-05-12, 2 PM UTC

US, China Slash Tariffs in 90-Day Trade Truce... Markets Rally

The United States and China agreed to a temporary 90-day suspension of most tariffs, marking a major de-escalation in the trade conflict. This led to soaring global stocks and renewed optimism about economic recovery prospects.

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24 Hours Trump to sign executive order slashing prescription drug prices + US and China agree to 90-day truce in trade war lowering tariffs + Hamas to release last US hostage Edan Alexander + Satellite images show Putin amassing troops near Finland border + House GOP unveils major Medicaid cuts plan + Newark Mayor arrested during ICE detention facility protest + Poland closes Russian consulate over suspected arson attack + Trump set to accept luxury jet from Qatar as Air Force One + Russian drones attack Ukraine after Kremlin rejects ceasefire + Pope Leo XIV calls for peace in Ukraine and Gaza + Stocks surge on US-China tariff truce + Former USPS worker pleads guilty to 2024 mail-in ballot fraud + Trump faces backlash over Qatar jet deal + Indian and Pakistani military officials to discuss ceasefire + Sean Diddy Combs sex trafficking trial opening statements set + Massive fire kills 4 at Milwaukee apartment, residents jump to escape

Number 90 days - Duration of US-China tariff suspension pact.

Quote "Peace be with you" — Pope Leo XIV

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