CNN 5 Things Trade war breakthrough, Israeli-American hostage released, ‘Diddy’ trial begins & more
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May 12, 2025 The latest on the trade war sees a surprising agreement between the US and China that could change market dynamics. A significant humanitarian milestone is reached with the release of the last American hostage in Gaza. In pop culture, Sean Combs' criminal trial kicks off amid intense scrutiny. President Trump finds himself defending a luxury gift from a royal family. Meanwhile, Pope Leo makes waves during his first address, emphasizing the importance of free speech and support for the media.
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US-China Trade Truce Boosts Market
- The US-China trade truce involves significant tariff reductions on both sides to de-escalate tensions.
- This breakthrough has triggered a positive surge on Wall Street, signaling restored investor confidence.
Last US Hostage Freed from Gaza
- Eden Alexander became the last known living American hostage freed from Gaza after talks between the US and Hamas.
- The US signaled willingness to bypass the Israeli government for hostage release progress if necessary.
Trump Defends Luxury Jet Gift
- President Trump justified accepting a luxury jet from Qatar as a practical benefit, calling it a "contribution."
- Accepting the plane raises concerns about security, ethics, and foreign influence over the US government.