đŸ”” US-China Deal REACHED

Author

Citizen Frank
May 12, 2025

Good evening. It’s Sunday, May 11.

 

The White House announced Sunday that the United States had reached a trade deal with China but said details wouldn’t be released until Monday.

The breakthrough was announced after two days of talks between U.S. and Chinese negotiators in Geneva.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer emerged from the talks saying “substantial progress” had been made toward de-escalating an all-out trade war between the two economic superpowers.

President Donald Trump said he plans to order a cut in US prescription drug costs by mandating that Americans pay no more than people in countries that have the lowest price.

Trump said in a social media post that he’ll sign the executive order at 9 a.m. Monday in Washington.

While predicting that pharmaceutical prices could drop 30% to 80% in the US, Trump also said prices would likely “rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!”

Ukrainian President Volodymyr Zelenskyy agreed on Sunday to meet face-to-face with Russian President Vladimir Putin in Turkey.

Putin initially proposed the Thursday meeting this weekend, and President Donald Trump prompted Zelenskyy to accept the offer. Putin said the talks in Istanbul must be held without preconditions and with the goal of lasting peace.

“We await a full and lasting ceasefire, starting from tomorrow, to provide the necessary basis for diplomacy. There is no point in prolonging the killings. And I will be waiting for Putin in TĂŒrkiye on Thursday. Personally. I hope that this time the Russians will not look for excuses,” Zelenskyy wrote.

President Trump is set to receive a “flying palace” Boeing 747-8 jumbo jet from Qatar’s royal family, which he will use as Air Force One, according to a report.

Trump, 78, intends to use the aircraft — called the most luxurious private jet in the world — as an interim presidential jet while Boeing completes the next generation Air Force One fleet following years of frustrating delays and cost-overruns.

The jumbo jet, valued at $400 million, will then potentially be transferred to the Trump presidential library foundation as the president leaves office, sources told ABC News.

Hamas said Sunday it will release Israeli-American hostage Edan Alexander, who has been held for over 550 days, as part of an effort to reach a ceasefire deal and resume humanitarian aid deliveries to Gaza.

Alexander’s release is also thought to be a gesture by Hamas to President Trump as he visits the Middle East later this week, sources said.

White House envoy Steve Witkoff spoke to Alexander’s parents and notified them of Hamas’ plans, the source said. Witkoff is expected to travel to Israel on Monday ahead of his release.

An aspiring teacher and devoted Swiftie was executed as she slept by a “career criminal” who stole her credit cards and went on a shopping spree, cops said.

And her heart-broken father says he’s still waiting for her to reply to his last text message to her, “goodnight, I love you.”

College coed Logan Federico, 22, of Waxhaw, NC, was visiting friends in Columbia, SC on May 3 when a prowler broke into a rental house, swiped her credit cards, and gunned her down, the Columbia Police Department said in a press conference.

The partner of Theranos founder Elizabeth Holmes has raised millions of dollars for an artificial intelligence startup hoping to introduce a product that can be used in medical testing and other settings, according to two sources with direct knowledge of the endeavor who could not speak publicly because the company has not yet officially launched. The company is called Haemanthus, which is Greek for “blood flower.”

Holmes, a former Silicon Valley star, is serving an 11-year sentence in federal prison for misleading investors about her blood-testing startup Theranos, once heralded as a breakthrough in laboratory science before its core technology proved faulty.

Since being imprisoned at a federal facility in Bryan, Texas, Holmes has been providing advice to her partner, Billy Evans, on the startup, according to the sources. The precise nature of Holmes’ supporting Evans on the venture is unclear.

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