business

US and China reach deal to slash tariffs, officials say

Good morning!👋🏾 I’m Jane, Daily Briefing author. You still have until tomorrow to see May’s flower moon. Quick look at Monday’s news: US and China reach deal to lower tariffs The United States and China said Monday they have agreed a deal to slash reciprocal tariffs as the world’s two biggest economies seek to end … Read more

Emma Farge and Olivia Le Poidevin  |  Reuters GENEVA, May 12 (Reuters) – The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs for now as the world’s two biggest economies seek to end a trade war that has disrupted the global outlook and set financial markets on … Read more

Tenafly father’s son is last surviving American hostage held by Hamas Adi Alexander’s son Edan, an Israeli soldier, was stationed near Gaza when he was taken hostage by Hamas terrorists on Oct. 7, 2023. Edan is the last surviving American hostage held by Hamas. The sign in front of Tenafly High School in northeastern New … Read more

President Trump announces ‘tremendous’ UK trade deal President Donald Trump announced a trade deal with the U.K., the first trade agreement since he imposed sweeping tariffs in April. WASHINGTON ― President Donald Trump said he will sign an executive order that institutes a “most favored nation” policy for drug pricing, claiming the action will reduce … Read more

“I will be waiting for Putin in Türkiye on Thursday,” Zelenskyy wrote on X. Tom Balmforth  |  Reuters Ukrainians rally to rescue pets left behind in the Ukraine war Ukrainian citizens are rallying to rescue animals left behind after war in Ukraine caused evacuations. It was not clear that Putin had proposed to attend in … Read more

Tufts student freed after 6-week ICE detention

The White House announced a “China trade deal” in a Sunday statement, but did not disclose details. Trump suggests lowering tariffs on China to 80% ahead of trade talks In a social media post, President Donald Trump suggested lowering tariffs on China from 145% to 80% ahead of trade negotiations. WASHINGTON − Top Trump administration … Read more

The New York Times and ABC News reported the plane will be used as Air Force One and later be donated to Trump’s presidential library. F-47 fighter jet announced by President Trump, awards Boeing contract In a press briefing inside the Oval Office, President Trump, announced the contract award to Boeing to develop a new … Read more

Judge orders Rumeysa Ozturk to be released after claims of mistreatment in immigration detention facility Ozturk, whose student visa was revoked after publishing an op-ed, argues her detention infringes on her First Amendment rights to free speech and due process. Scripps News Rumeysa Ozturk was arrested March 25 after the State Department revoked her student … Read more