Trump Floats Cutting China Tariffs to 80% Ahead of Talks; Pope Leo XIV Celebrates First Mass as Pope
President Donald Trump said on Friday that 80 percent tariffs on Chinese goods "seems right." He said in a Truth Social post that "China should open up its market to USA—would be so good for them!!! Closed markets don’t work anymore!!!" Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet Chinese economic czar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving the trade dispute.Pope Leo XIV celebrated his first mass as pope on Friday in the Sistine Chapel, where he was elected less than 24 hours earlier. He warned the congregation of the dangers caused by a lack of faith, and expressed his hope that the Catholic Church could be a beacon of light in the world's "dark nights."
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Trump Announces Trade Deal With UK; A New Pope is Elected to Lead the Catholic Church
The United States and Britain announced plans for a trade deal on Thursday. “The final details are being written up,” President Donald Trump told reporters. “In the coming weeks, we’ll have it all very conclusive.” The president said that the agreement would lead to more beef and ethanol exports to the U.K., which would also streamline the processing of U.S. goods though customs.The House passed a bill that would rename the Gulf of Mexico as the Gulf of America and direct federal agencies to update their documents and maps to incorporate the new name.White smoke rose from the Sistine Chapel and the bells of St. Peter's rang out, signaling that cardinals have elected a new pope to succeed Pope Francis and take charge of the Roman Catholic Church.
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David Perdue Sworn In as US Ambassador to China; India Launches Strikes Into Pakistani Territory
President Donald Trump participates in the swearing-in ceremony of David Perdue as U.S. ambassador to China. Perdue served as a senator for the state of Georgia, was a former Fortune 500 CEO, and is recognized as a strong China critic who lived in Hong Kong for a time during his 40-year business career. Perdue was confirmed by the Senate in a 67–29 vote on April 29. Perdue's ambassadorship comes amid deepening bilateral trade tensions between the United States and China.At least 31 people are dead after India fired missiles into several areas of Pakistan and territory it controls on Wednesday. India says the strikes aim to "preempt" and "deter" cross-border terror attacks.The escalation follows a massacre of Hindu tourists in Indian-controlled Kashmir last month. Pakistan has dismissed India's allegations of its harboring terrorist camps as unfounded. Meanwhile, the leader of a U.N.-designated terrorist group in Pakistan reported that 10 of his family members had been killed in the attacks.
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Trump Hosts Canadian PM Carney Amid Trade Tensions; Bessent Testifies Before Congress
President Donald Trump is hosting Canada’s new prime minister, Mark Carney, at the White House on Tuesday for high-stakes talks focused on trade and security. The meeting comes amid heightened tensions between the neighbors in the wake of Trump’s imposing steep tariffs on Canadian products and ongoing remarks suggesting that Canada should become the 51st U.S. state. This marks the first meeting between the two leaders since Carney’s Liberal Party secured victory in Canada's federal election on April 28.Treasury Secretary Scott Bessent is testifying before Congress on Tuesday for the first time since his confirmation hearing. The House Appropriations Committee is set to question him regarding the Trump administration's tariff policies, trade negotiations, and the need for a debt limit increase.
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