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The Latest Breaking News from Xi Trump

Trump-Xi Meet Paves Way For Tariff Reductions By China

China's commerce ministry said Beijing and Washington have reached a positive consensus on relevant tariff arrangements.

International Business Times

US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopes

US stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter inflation data. Producer prices surged, reinforcing expectations of prolonged Fed tightening. Markets also tracked Trump-Xi talks and rising geopolitical risks, while Morgan Stanley lifted its S&P target.

The Economic Times

Rubio cosplays as deposed Venezuelan leader Maduro in Air Force One picture

Secretary of state sports grey Nike tracksuit en route to China, seemingly trolling Nicolas Maduro

The Independent UK

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Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate

Open Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate

The Independent UK

Report: FDA Commissioner Set To Be Fired, Sources Say Trump Could Still Change His Mind

Makary is scheduled to testify before the Senate Appropriations Committee on May 13 on the FDA's budget for the coming fiscal year. He was appointed to his post last year.

Latin Times

Trump Reportedly Invites Elon Musk, Tim Cook, Other CEOs To China Trip

President Donald Trump has invited several CEOs, including Elon Musk and Tim Cook, to his upcoming trip to China, according to a new report.

International Business Times

China's rare earth export delay offers US a chance to weaken Beijing's grip on the market

China’s promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement creates an opportunity for the U.S. and its allies

The Independent UK

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Trump's comments on nuclear testing upend decades of US policy. Here's what to know about it

President Donald Trump has suggested the U.S. will restart nuclear weapons testing, a move that upends decades of American policy

The Independent UK

Trump given golden crown in South Korea with trade deal 'pretty much finalised' but not signed

It has been tricky to strike a deal with South Korea, with the sticking point being Trump's demand for $350 billion of direct investment in the US.

Euronews

China's Xi seeks expanded role for Shanghai Cooperation Organization with development bank

Chinese President Xi Jinping says China would accelerate the building of a SCO development bank as he seeks to expand the organization’s influence and scope

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