CNN 5 Things Drastic tariff roll back, American hostage release, luxury jet controversy & more
May 12, 2025
The US and China have made a surprising deal to roll back tariffs, signaling a potential thaw in relations. In a significant development, Hamas plans to release the last known American hostage in Gaza, adding a glimmer of hope to ongoing peace talks. Meanwhile, Ukraine's leader is gearing up for crucial negotiations with Russia. On a lighter note, there’s buzz about a controversial new Air Force One jet, raising ethical questions around its acquisition. It's a blend of critical global events and intriguing stories!
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US-China Tariff Rollback
- The US and China will drastically reduce tariffs, signaling a positive turn in trade relations.
- This trade de-escalation aims to stabilize the global economy for at least 90 days initially.
Hamas to Release American Hostage
- Hamas will release the last known American hostage held in Gaza as a goodwill gesture.
- This move aims to jumpstart ceasefire talks and humanitarian aid access in Gaza.
Ukraine-Russia Peace Talks Dynamics
- Ukrainian President Zelensky shows readiness to meet Russian President Putin for peace talks.
- Western allies demand an unconditional ceasefire before further negotiations can proceed.