U.S. and China reach trade truce, halting majority of tariffs; Hamas announced the release of Edan Alexander: Daily Digest
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The Tariff Truce: US and China take a step toward easing their trade war turmoil
After a much-needed sit-down last weekend in Switzerland, the US and China have agreed to temporarily ease their heavy-handed tariffs imposed since last month, marking a significant move towards calming the chaotic trade war that's been brewing between the two economic titans. Here's a rundown of the key developments:
- Hefty Tariff Cuts: China will decrease its additional tariff on US goods, initially set at 34%, by 24 percentage points for a 90-day window, while maintaining a 10% tariff throughout the period. The US, on the other hand, will also lower tariffs on Chinese imports, with both nations collectively reducing tariffs by approximately 115% while keeping a 10% tariff in check[1][2].
- Withdrawal of Non-Tariff Countermeasures: In conjunction with tariff adjustments, China will suspend or eliminate non-tariff countermeasures implemented against US goods since April 2, 2025[1][2].
- Future Dialogue: The agreement paves the way for future talks surrounding opening market access for US exports. The US and China will establish a communication framework for continuous discussions about economic and trade relationships, with potential meetings taking place in the US, China, or a third country[2].
The joint statement follows a face-to-face meeting between the countries, aiming to alleviate some of the uncertainties and half-hearted efforts Trump's administration has been under fire for in the past.
Wall Street saw rising stock valuations and a strengthened dollar against safe-haven currencies, a positive response to signs of progress[3].
Women Speak Out: The Dark Saga of Pentecostal Preacher's Years of Alleged Abuse
In a gut-wrenching NBC News investigation, we uncovered the shocking stories of multiple women who claim to have been victims of child sexual abuse at the hands of Joe Campbell, a Pentecostal pastor who has evaded accountability despite decades of allegations.
The investigation revealed a chilling pattern of missed warning signs and failure to intervene, prompting his accusers to come forward and seek justice[5].
Other Noteworthy News:
- Revving Up for Diplomatic Talks: According to sources, the Trump administration is looking to receive a superluxury Boeing 747-8 jet from the royal family of Qatar as a gift for the new Air Force One[6].
- Edan Alexander is Coming Home: A Hostage's Freedom through a Tactful Ceasefire – Last living American hostage in Gaza, Edan Alexander, is expected to be released by Hamas, which announced its intention to take "steps that will achieve a ceasefire, open the crossings, and allow aid" to enter the area[7].
- Threatening Habeas Corpus: The Trump Administration's Coffee Talk with Despotism – Legal experts and lawmakers have been raising concerns about the Trump administration’s open discussion of potentially unilaterally suspending habeas corpus, a bedrock legal right that grants anyone detained in the US the right to appear before a judge[8].
- Treacherous Immigration Policies: A Two-Fold Approach to Undermining American Justice – The Trump administration's aggressive immigration crackdown has led to several policies and actions that critics argue are designed to bypass traditional legal safeguards and boost the president's power[9].
- Eight-Week Ethical Knightmare: Diddy's Federal Sex Trafficking Trial Readies for Battle – Opening statements are set to commence shortly in the federal sex trafficking trial of Sean "Diddy" Combs, with prosecutors and defense lawyers primed to deliver vastly differing portraits of the record-shattering music mogul[10].
- The recent agreement between the US and China to temporarily ease tariffs is causing a positive response in stock markets, with Wall Street seeing rising stock valuations and a strengthened dollar.
- In contrast to the easing of tensions in the global economy, there are concerns over the Trump administration's discussions about potentially suspending habeas corpus, a fundamental legal right, and its implementation of immigration policies that bypass traditional legal safeguards.
- In the realm of entertainment, the federal sex trafficking trial of Sean "Diddy" Combs is set to commence, with prosecutors and defense lawyers preparing to present diverse portrayals of the music mogul.
- Another news item of interest involves the ongoing issue of child sexual abuse in the Pentecostal community, with NBC News investigating multiple allegations against Joe Campbell, a Pentecostal preacher who has reportedly evaded accountability for decades.
