Following today’s announcement by U.S. President Trump placing a “90-Day PAUSE” on last week’s wave of reciprocal tariffs, causing the stock market to rebound to nearly pre-tariff levels; the odds of a U.S. recession in 2025 fell from over 65% to under 49% on Polymarket’s betting market, representing a significant decrease of roughly 16%.
Ksenia Karelina is on her way back to the United States, after nearly a year in Russian prison for daring to donate $51.80 to a U.S.-based charity organization supporting Ukraine.
"France plans to recognize a Palestinian state within the next few months and may make the move during a UN conference in New York this June to help resolve the Israeli-Palestinian conflict," declared President Emmanuel Macron.
The U.S. has raised tariffs on Chinese goods to 145%, according to a report by CNBC.
Secretary Howard Lutnick: "China chose the path of going against Trump. He said don't retaliate... and that's what happened... We are their biggest client by FAR... they can't afford to be without us, and that's where we are today."
https://video.nostr.build/086a1fe8b5b1c34e95945324d3c856e78dda6ba5703988021b0c6dcbddb782bd.mp4
Al Jazeera correspondent: Israeli artillery continues to bombard the northern areas of the city of Rafah, south of the Gaza Strip
Trump regarding Iran: “If military action is needed, we’ll take it — and Israel will be involved”
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A drone with the Israeli Air Force crashed earlier today in Lebanon, due to a claimed “technical fault” with the IDF stating there were no concerns of an intelligence leak from the crash.
Israeli Prime Minister Benjamin Netanyahu met tonight at his office in Jerusalem with the Director of the CIA John Ratcliffe and Mossad Chief David Barnea.
According to Fox Business, a deal for an American company or group of investors to purchase the social media app TikTok from its Chinese parent company, ByteDance is now “off the table” despite the Executive Order last Saturday by U.S. President Trump extending the deadline of the “TikTok Ban” by 75 days, until June 19, 2025. A deal was said to have been close on Wednesday of last week, but was totally upended by the recent tariffs announced by President Trump against China; with a future deal to prevent TikTok’s ban expected to not be pursued due to the escalating trade war now been the United States and China.
U.S. President Trump was asked earlier outside the White House why he decided to institute a “90-Day Pause” on nearly all of the reciprocal tariffs announced last week, to which he responded, “Well I though that people were jumping a little bit out of line, they were getting yippy, you know, they were getting a little bit yippy - a little bit afraid.”
https://video.nostr.build/a06b6551d30d3235f9e2566e5771ea2b4f04c6d185923b9306847e69c836a6b3.mp4
He had the idea and then backed out. It wasn’t fake news.
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The Dow Jones Industrial Average surged over 2,400 points within the last hour, while the S&P 500 gained 6% and the Nasdaq Composite jumped 8%, in response to U.S. President Trump’s announcement earlier of a “90-Day Pause” on nearly all of the reciprocal tariffs imposed recently by the United States against countries across the world, except China which he increased to 125%.
U.S. President Donald J. Trump announced earlier in a post on Truth Social, that he has authorized a “90-Day Pause” for all of the recently announced reciprocal tariffs on countries across the world, except China. Stating that “Based on the lack of respect China has shown to the World’s Markets” and likely in response to today’s 84% retaliatory tariffs announced by China against U.S. imports, the U.S. will be increasing it’s 104% tariff on China which went into effect at 12:01am EDT last night, to 125%.
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U.S. President Trump’s nominee for the Administrator of the National Aeronautics and Space Administration (NASA), Jared “Rook” Isaacman’s opening statement today in front of the Senate Committee on Commerce, Science, and Transportation.
https://video.nostr.build/79451a7d544a1aa629af85a19b00af1a438e6816edbe7904ca9475f412479d1f.mp4
Additional Chinese actions against U.S. Businesses Announced
The Chinese ministry of Commerce (MOC) has announced the addition of 6 U.S. companies to the Unreliable Entity List. These companies, including Shield AI and Sierra Nevada, have been targeted due to their dealings with Taiwan, who’s sovereignty China does not recognize.
Additionally, the MOC has announce export controls on dual-use items to 12 U.S. tech and manufacturing entities, including drone manufacturers and a number of communications companies.
U.S. Entities with Export Controls:
- American Photonics
- Novotech Inc.
- Echodyne
- Marvin Engineering Company Inc.
- Exovera
- Teledyne Brown Engineering Inc.
- BRINC Drones Inc.
- SYNEXXUS Inc.
- Firestorm Labs Inc.
-Kratos Unmanned Aerial Systems Inc.
- Domo Tactical Communications
- Insitu Inc.
In a release this morning by the U.S. State Department, Spokeswoman Tammy Bruce states that following the March 5, 2025 designation labeling the Iranian-backed Houthis as a Foreign Terrorist Organization (FTO); the United States will no longer tolerate any country of commercial entity providing support to the Houthis, including offloading ships and provisioning oil at Houthi-controlled ports in Yemen.
In a report yesterday by The Times, regional intelligence sources revealed that last week Iran’s Islamic Revolutionary Guard Corps (IRGC) secretly transferred hundreds of short to long-range cruise and ballistic missiles to its paramilitary forces in Iraq. The missiles transferred, which included some short-range missiles similar to those previously held by Iraqi proxy groups, such as the “Quds 351” Land-Attack Cruise Missile and the “Zolfaghar” Short-Range Ballistic Missile; also included several long-range surface-to-surface missiles never provided before by Iran to its forces in Iraq, some of which are believed to have a ranges of over 1,000 miles, allowing them to potentially strike targets in Europe.
