• 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%.

President Donald Trump is expected on Monday to embark on an official trip to the Middle East, a major international trip.

Saudi Arabia is of key diplomatic importance to the Trump White House, especially amid ongoing tension in the Middle East and the Israel-Hamas war.