Markets rallied after Trump signaled a softer stance on China tariffs, telling reporters they would "come down substantially" if a "fair deal" is reached. This apparent retreat followed warnings from CEOs and market turbulence.
The administration's Ukraine policy hardened as Trump publicly criticized Zelensky for rejecting peace terms recognizing Russian control of Crimea. Vance issued an ultimatum: both sides must compromise on territory or the US will "walk away" from negotiations.
Pope Francis's body moved to St. Peter's Basilica, where thousands waited to pay respects before Saturday's funeral. Cardinals began preparations for the conclave.
Tesla reported a 71% profit decline, prompting Musk to announce reduced involvement with DOGE. Immigration enforcement remained contentious, with the DOJ filing first-ever RICO charges against Tren de Aragua gang members, and continued media focus on deportation controversies from previous days.
