CNN 5 Things Possible trade deals, Gaza desperation, extra Harvard funding cuts & more
May 1, 2025
Explore the potential trade deals the U.S. is negotiating with three Asian nations while a bipartisan Senate effort targets Trump's tariffs. Discover the desperate situation in Gaza as residents seek food at UN facilities. Learn about looming funding cuts for Harvard and the White House's concerns over anti-Semitism. Finally, dive into the uncertainty surrounding Tesla's leadership as rumors swirl about replacing Elon Musk amidst sales declines.
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Trump's Trade Deals and Economy
- President Donald Trump indicated potential trade deals with South Korea, Japan, and India are in progress but announcements can wait.
- His inconsistent tariff policies have caused economic uncertainty and a shrinking GDP, marking a downturn since 2022.
Failed Senate Bid to Halt Tariffs
- A Senate bipartisan attempt led by Rand Paul to block Trump's tariffs failed due to insufficient support.
- The resolution was mostly symbolic and unlikely to pass in the House, showing political divisions on handling tariffs.
Gaza's Humanitarian Crisis Deepens
- Thousands in Gaza storm UN facilities amid a looming famine due to almost two months without humanitarian aid.
- Rising child malnutrition and accusations of using starvation as a war tactic highlight the humanitarian crisis.