• China trade war: The US and China have agreed to drastically roll back tariffs on each other’s goods for an initial 90-day period in a major trade breakthrough. By May 14, the US will temporarily lower its tariffs on Chinese goods from 145% to 30%, while China will cut its levies on American imports from 125% to 10%.

Trump's trade officials brokered a stunning drop of the145% tariffs against China and to 30% as the president turns his attention from his trade war to the Middle East.