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President Trump told the New York Post he is not open to concessions to Iran, including a 20-year uranium enrichment moratorium, and ruled out sanctions relief before a bilateral agreement. Iran has submitted a revised 14-point proposal, but the White House reportedly views it as insufficient.
President Donald Trump withdrew a $10bn lawsuit against the IRS over a tax-return leak, and the Justice Department announced a $1.77bn fund to compensate alleged victims of political weaponisation. The settlement also granted immunity to Trump, his family and businesses from pending tax audits, drawing sharp criticism from Democrats.
The US administration has reportedly deemed Iran's latest proposal for ending hostilities 'insufficient for a deal,' while Tehran insists on its demands and reviews the US response. Pakistan serves as a conduit for the exchange of proposals, with the US expecting an answer within 48 hours.
Cuban President Miguel Diaz-Canel has warned that any US military action against Cuba would lead to a 'bloodbath' with incalculable consequences, amid rising tensions over US sanctions, surveillance flights, and an energy blockade. The warning comes as Cuba's foreign minister appeals to the UN for international solidarity to prevent a humanitarian catastrophe.
The White House announced China will buy at least $17 billion in US agricultural goods annually through 2028, adding to earlier soybean commitments. Analysts note the figure largely reflects prior deals, while farmers remain cautiously optimistic. The agreement includes restoring market access for US beef and poultry.
A drone strike near the UAE's Barakah nuclear power plant caused a fire but no radiation leak or injuries, authorities said. The UAE's foreign ministry called the incident a 'dangerous escalation' without naming a culprit, as speculation points to Iran amid stalled ceasefire negotiations.
The US Navy has unveiled plans for up to 15 nuclear-powered 'Trump-class' battleships to counter China, but analysts question their vulnerability and cost. Meanwhile, a Russian military expert suggests the project may be scrapped following lessons from the Iran war, pointing to a shift toward destroyers and unmanned systems.
Reports indicate the Trump administration has encouraged the UAE to become more directly involved in the conflict with Iran, with discussions reportedly including the seizure of Iran's Lavan Island. The UAE and Saudi Arabia have conducted secret strikes against Iranian targets in response to Iranian attacks, while the UAE has sought to coordinate with Gulf neighbors.
Louisiana Senator Bill Cassidy lost his Republican primary after facing a Trump-backed challenger, Representative Julia Letlow, who advanced to a runoff with State Treasurer John Fleming. Cassidy's vote to convict Trump in the 2021 impeachment trial was a central issue, highlighting Trump's enduring influence over the GOP.
The Trump administration hosted a nine-hour prayer event on the National Mall as part of America's 250th anniversary celebrations, drawing thousands and featuring top officials. Critics argue the event blurs the separation of church and state, with some describing it as an overt display of Christian nationalism.
Taiwan has reaffirmed its status as a sovereign and independent nation following US President Donald Trump's caution against declaring formal independence. Trump, after a Beijing summit, said he was not seeking conflict over the island, while Taiwan stressed its commitment to the cross-strait status quo.
Following talks with Chinese President Xi Jinping in Beijing, US President Donald Trump said he does not want Taiwan to pursue formal independence and is not looking to fight a war over the island. He reported making no commitment either way on Taiwan while remaining undecided on pending arms sales. Taiwan’s government restated that it is already a sovereign democracy and will maintain the status quo.
President Donald Trump has called on Americans, particularly Jewish Americans, to observe a national Sabbath as part of the US 250th anniversary celebrations. The proclamation, issued during Jewish American Heritage Month, has sparked mixed reactions, with some praising the recognition of Jewish tradition and others criticizing it as political appropriation.
U.S. President Donald Trump and Chinese President Xi Jinping met in Beijing, reaffirming a cooperative tone and agreeing on a new vision for bilateral ties. While both sides emphasized partnership and announced plans for continued dialogue, the summit yielded no major breakthroughs on contentious issues such as Taiwan, trade imbalances, and technological competition.
During their Beijing summit, US President Donald Trump and Chinese President Xi Jinping agreed the Strait of Hormuz should remain open to ensure global energy supplies, with Xi offering to help broker an end to the Iran conflict. China's foreign minister reiterated Beijing's call for a ceasefire and early reopening of the strategic waterway, as Iran urged BRICS nations to condemn US-Israeli actions.
Ahead of a US-China summit, President Trump said Xi Jinping is 'giving very serious consideration' to releasing detained pastor Ezra Jin, but described Jimmy Lai's case as 'a tough one.' The remarks cap a flurry of diplomatic positioning from families, a US congressional commission, and China's foreign ministry, each pressing their case.
Samsung Electronics' largest labor union said it will proceed with a major strike planned for next week, rejecting the company's proposal to resume talks without preconditions. The union demands fixed performance bonuses tied to 15 percent of operating profit from the semiconductor division, while management proposed maintaining the current system with alternative calculations. The strike, set to last 18 days, could disrupt production at the world's largest memory chipmaker.
US President Donald Trump met with China's leader Xi Jinping at Zhongnanhai, a rare venue for a foreign leader, during his state visit to Beijing. The two leaders also visited the Forbidden City, where they had tea and dinner, with the choice of venue underscoring cooperation.
US President Donald Trump's visit to Beijing with Chinese President Xi Jinping produced little agreement on ending the Iran war. While China reiterated its opposition to the conflict and its diplomatic efforts, no concrete deal emerged, and the war continues with heavy casualties and ongoing tensions in the Strait of Hormuz.
South Korea's benchmark KOSPI crashed over 6% on May 15, 2026, after briefly surpassing the historic 8,000-point level for the first time. Foreign investors sold heavily, while retail buyers stepped in, amid Middle East tensions and profit-taking in tech shares.