CNN 5 Things Deadline for Russia, ‘TACO’ trade, Tate brothers charged & more
May 28, 2025
President Trump tackled foreign policy and pardons while targeting Harvard's enrollment policies. Market reactions to tariffs are brewing, with investors processing the 'taco' trade. Sean “Diddy” Combs faces legal drama, including a request for a mistrial. The Tate brothers are hit with serious charges of rape and human trafficking, intensifying their legal troubles. The podcast provides fascinating insights into the intersection of law and high-profile figures, offering a blend of politics and courtroom drama.
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Trump on Russia and Iran Talks
- President Trump will decide in two weeks if Putin is serious about a Ukraine peace deal.
- He advocates for not disrupting US-led Iran nuclear talks despite Israel's actions in Gaza.
Harvard Foreign Student Impact
- Harvard has over a quarter of its student body as full-time international students.
- The Trump administration’s order to cancel foreign student enrollment at Harvard caused anxiety among international students.
Investors and Trump's Tariff Pattern
- Wall Street coined 'taco' to describe ignoring Trump's tariff threats expecting they will be reduced or cancelled.
- A sharp tariff on Chinese goods dropped from 145% to 30% showing this pattern in action.