American-Israeli Hostage Edan Alexander Is Free; Markets Soar After US–China Trade Deal

An Israeli-American soldier held hostage for more than 19 months in the Gaza Strip was released Monday. The Israeli military confirmed that Edan Alexander had been turned over to the Red Cross and was being brought to Israeli forces. Alexander is the last known living American hostage held in Gaza.

Wall Street’s main indexes were set to open sharply higher on Monday as the United States and China reached a deal to reduce tariffs, signaling a truce in a trade war that had kept markets on edge for weeks. The United States will cut extra tariffs it imposed on Chinese imports in April this year to 30 percent from 145 percent, and Chinese duties on U.S. imports will fall to 10 percent from 125 percent, the two countries said on Monday. The new measures are effective for 90 days.

President Donald Trump will visit the Middle East from May 13 to 16, with scheduled stops in Saudi Arabia, Qatar, and the United Arab Emirates. The trip marks his first major foreign trip of his second term, following a recent visit to the Vatican for Pope Francis’s funeral two weeks ago. Trump is expected to announce a series of major investment deals aimed at attracting Gulf money into key U.S. sectors such as defense, technology, and artificial intelligence. His meetings will also focus on pressing regional issues, including the war between Israel and the Hamas terrorist group and ongoing nuclear talks with Iran.

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Topics in this episode include:

1. Bessent: US, China to Pause Most Tariffs for 90 Days
2. Trump on Trade Deal: A Total Reset With China
3. Wall Street Surges at Open as US, China Slash Tariffs
4. Trump in Middle East From May 13 to 16
5. Hamas Says It Released Hostage Edan Alexander
6. Trump Says Qatar’s Gift Plane a ‘Gesture of Good Faith’
7. Republicans in Congress Negotiate Spending Bill
8. Trump Administration Fires Top Copyright Official
9. SCOTUS to Hear Birthright Citizenship Case
10. ICE Cooperation in California
11. Parents Group: Title IX Task Force a Major Win
12. Sean Combs Sex Trafficking Case Underway
13. Newark Airport Experiences Equipment Outage
14. Trump Looks to Slash Prices for Prescription Medications
15. Trump Signs Order to Lower Cost of Prescription Drugs
16. South Korea’s Presidential Race Kicks Off
17. Poland Closing Russian Consulate Over Arson Allegations
18. Calm Prevails Overnight in India & Pakistan
19. Taiwan Tests US-Made HIMARS Rocket System
20. Trump Signs Order Aimed at Cutting Drug Prices
21. Trump Touts ‘Reset’ With China Amid Tariff Pause
22. Trump Hails Qatar’s ‘Nice Gesture’ of AF1 Replacement
23. French Chefs Shine at Taste of Paris
24. Collectors Discover Violin Crafted in Concentration Camp