PDB Afternoon Bulletin | May 12th, 2025: US-China Agree To Slash Tariffs In Major Trade Breakthrough & White House Secures Release Of American-Israeli Hostage From Hamas Captivity

from The President's Daily Brief

In this episode of The PDB Afternoon Bulletin:

We’ll begin today with a surprise breakthrough regarding U.S.-China relations, as the two global economic powers agree to substantially roll back tariffs on each other’s goods for 90-days and remove most economic barriers as part of a deal to defuse the trade war.

Later in the show—Hamas unconditionally released American-Israeli hostage Edan Alexander from captivity in Gaza on Monday, following direct talks between the Iranian-backed terror group and the Trump administration.

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