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9:45 AM ET, May 12, 2025

memeorandum

 Top Items: 
New York Times:
U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War  —  The 145 percent U.S. tariff on Chinese goods will come down to 30 percent for 90 days, while the two sides continue talks aimed at resolving their differences.  —  The United States and China said Monday …
RELATED:
Sam Meredith / CNBC:
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough … WATCH NOW  —  The U.S. and China on Monday agreed to temporarily suspend most tariffs on each other's goods in a move that shows a major thawing of trade tensions between the world's two largest economies.
Washington Post:
U.S., China agree to lower most tariffs for 90 days amid trade talks  —  Both sides are hailing the temporary reprieve, which will cut U.S. duties on Chinese goods to 30 percent, but analysts say underlying issues remain.  —  Bessent: U.S., China slash tariffs after ‘robust’ talks
Financial Times:
China and US agree to slash tariffs  —  Deal to reduce duties for next 90 days marks the first sign of tension easing between the two economic superpowers  —  Joe Leahy in Beijing, Demetri Sevastopulo in Washington and Mercedes Ruehl in Zurich  —  Unlock the White House Watch newsletter for free
Matthew Choi / Washington Post:   Small businesses dread tariff fallout
Washington Post:
U.S. officials say ‘substantial progress’ made in China trade talks
Lisa Mascaro / Associated Press:
House Republicans unveil Medicaid cuts that Democrats warn will leave millions without care  —  House Republicans unveiled the cost-saving centerpiece of President Donald Trump's “ big, beautiful bill ” late Sunday, at least $880 billion in cuts largely to Medicaid to help cover the cost of $4.5 trillion in tax breaks.
RELATED:
Brett Guthrie / Wall Street Journal:
A Common Sense Budget Reconciliation Bill  —  My committee's legislation supports U.S. innovation, strengthens Medicaid, and ends Green New Deal-style waste.  —  When President Trump took the podium for his Second Inaugural Address, he promised a “revolution of common sense” …
Josh Hawley / New York Times:
Don't Cut Medicaid  —  Polls show Democrats down in the dumps at their lowest approval level in decades, but we Republicans are having an identity crisis of our own, and you can see it in the tug of war over President Trump's “one big, beautiful bill.”  The nub of the conflict …
Discussion: The Guardian and Raw Story
Wall Street Journal:
Trump Says He Will Sign Executive Order Aimed at Lowering Drug Prices
Politico:   Playbook: Trump cuts a deal with China
Hayes Brown / MSNBC:
Trump's big tax cut promises are running into big problems
Discussion: American Prospect and Raw Story
New York Times:
Trump Heads to the Middle East With a Single Goal: Deals, Deals, Deals  —  President Trump has always viewed the presidency as a worldwide hunt for deals.  And there is no better place for that than the Gulf, where a few men wield absolute authority over vast wealth.
RELATED:
Washington Post:   Trump to make announcement on drug prices before departing for Mideast
Gerry Shih / Washington Post:
Trump repeatedly bypasses Netanyahu, stoking dismay among Israelis
New York Times:
Auction to Dine With Trump Creates Foreign Influence Opportunity … The sale of face-to-face access to President Trump using the Trump family's own cryptocurrency has done more than benefit him financially, though it has certainly done that.  —  Mr. Trump announced last month that leading buyers …
John Eligon / New York Times:
White South Africans Granted Refugee Status by Trump Leave for U.S.  —  Dozens of Afrikaners who claim discrimination in their home country left Johannesburg on Sunday.  Their departure for the U.S. came as the Trump administration was halting virtually all refugee admissions.
RELATED:
The Guardian:
Trump administration offers refugee status to 49 white South Africans
Discussion: Reuters and Business Insider
Ian Millhiser / Vox:
The Federalist Society is surprisingly ambivalent about Trump  —  Few organizations have profited as handsomely off of President Donald Trump's rise to power as the Federalist Society, a kind of bar association for right-wing lawyers.  —  “We're going to have great judges, conservative …
Troy Closson / New York Times:
Flights Could Be Disrupted Across U.S., Transportation Secretary Warns  —  After a series of problems at Newark Liberty International Airport, the secretary, Sean Duffy, said he would meet with airline leaders on Wednesday to plan to scale back Newark flights.
RELATED:
Associated Press:
Trump defends the prospect of Qatar gifting him a plane to use as Air Force One
Shawn Hubler / New York Times:
Newsom to Ask Cities to Ban Homeless Encampments, Escalating Crackdown  —  “There are no more excuses,” the California governor said in pushing for municipalities to address one of the most visible byproducts of homelessness.  —  Gov. Gavin Newsom plans to escalate California's push …
Zack Beauchamp / Vox:
Americans have tuned out Gaza at the worst possible moment  —  Israel's war in Gaza, which has long been a moral atrocity, is on the brink of becoming unimaginably worse.  —  Earlier this month, Israel's security cabinet approved a plan that Prime Minister Benjamin Netanyahu described as “the concluding moves” of the war in Gaza.
Discussion: The Dispatch
RELATED:
The Guardian:
The Guardian view on Israel and Gaza: Trump can stop this horror. The alternative is unthinkable
Discussion: Middle East Monitor
Richard Steigmann-Gall / Society for US …:
“The Wolves Came”: Richard Steigmann-Gall on Daniel Steinmetz-Jenkins's *Did it Happen Here?  Perspectives on Fascism and America*  —  Daniel Steinmetz-Jenkins has edited a book which he hoped would finally put to bed the hotly contested Fascism Debate that arose from Trump's 2016 candidacy …
Walter Olson:
Will we allow ICE to behave as a secret police?  —  I had missed the story from two weeks ago about what happened after (apparent) agents of the U.S. Immigration and Customs Enforcement (ICE), one wearing a balaclava to hide his face, seized two men at the Charlottesville, Va. courthouse.
Discussion: The Daily Wire
Thibault Spirlet / Business Insider:
Elon Musk says the US is running a ‘quiet trial’ of Trump's $5 million gold card for the ultrawealthy  — Elon Musk says Trump's “gold card” immigration program is already in quiet testing.  — The new program offers fast-tracked US residency to foreign investors paying $5 million upfront.
Discussion: LewRockwell, Newsweek and Fortune
Bethany McLean / Business Insider:
‘A flashing red light’: how Donald Trump Jr. is cashing in on his dad's presidency  —  Last November, only six days after his father was elected president, Donald Trump Jr. made a career move that, on the surface at least, seemed a bit odd.  He became a partner in a small investment startup …
 
 
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 More Items: 
Adam Liptak / New York Times:
A Warning From Justice Souter: Democracy Is in Peril
Discussion: Raw Story
Noah Berlatsky / Public Notice:
The new pope is latest sign that the world rejects Trumpism
Abdallah Fayyad / Vox:
Trump is hoping to quietly gut the social safety net
Jorge Fitz-Gibbon / New York Post:
MS-13 goon covered in gang tats nabbed by ICE after he was deported almost 20 years ago, snuck back into US
Discussion: Tennessee Star and RedState
G. Elliott Morris / Strength In Numbers:
Building a new home for data-driven political journalism
Victor Davis Hanson / American Greatness:
The Decivilizing of America … Secure borders and stationary populations were considered …
Glenn Kessler / Washington Post:
Digging into the math of a study attacking the safety of the abortion pill
Nicholas Bagley / Divided Argument:
Defanging NEPA  —  Can you buy your way out of judicial review?  —  The House Natural …
 Earlier Items: 
Politico:
Tech companies have a big remote worker problem: North Korean operatives
Punchbowl News:
5/12/25 ☀️ AM:
Giovanna Coi / Politico:
US popularity collapses worldwide in wake of Trump's return
Discussion: Reuters
Matt O'Brien / Associated Press:
Trump administration fires top copyright official days after firing Librarian of Congress
Associated Press:
Pope Leo XIV calls for peace in Ukraine and Gaza in symbolically rich blessing on Mother's Day
Greg Wehner / Fox News:
Trump to sign executive order he says will slash drug prices by up to 80%
 

 
From Mediagazer:

Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, set to close after WBD splits into two companies in Q3 2026

Robert Channick / Chicago Tribune:
The Chicago Tribune sues Perplexity for copyright infringement, alleging Perplexity's platforms lift Tribune content verbatim and divert traffic from the paper

Will Sommer / @willsommer:
The Blaze retracts its article accusing a former Capitol Police officer of being the January 6 pipe bomber after the FBI arrested a different person

 
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