Good Morning,

It’s Tuesday, May 13, and today’s headlines span global diplomacy, e-commerce economics, and the ever-unpredictable world of football transfers. Whether you're shopping on Temu, tracking geopolitical tensions, or wondering if Spurs will sell their star defender, we've got you covered.

Let’s dive into the stories that matter...

U.S. Reduces Tariffs on Chinese Goods, Easing Costs for Shoppers

In a move aimed at cooling trade tensions, the U.S. slashed tariffs on small parcels from China—like your favorite Shein or Temu orders. The tariff on packages under $800 dropped from 120% to 54%, though the flat $100-per-parcel fee stays put.

The deal is part of a temporary mutual agreement with China to ease levies while negotiations continue.

Key Points:

• U.S. tariffs on small Chinese packages lowered to 54%.

• Broader tariffs drop to 30% for Chinese goods; China cuts U.S. tariffs to 10%.

• Trump says tariffs could return if no deal is made in 3 months.

👉 Read more on the trade agreement

Global Affairs

U.S.-Israeli Hostage Edan Alexander Freed After 19 Months

Edan Alexander, a U.S.-Israeli citizen captured during Hamas’ October 2023 attack, was released this week. The release coincided with President Trump’s Middle East trip and is seen as a signal toward ceasefire negotiations and renewed humanitarian aid.

Key Points:

• Alexander was held captive by Hamas for over 19 months.

• Released during Trump’s diplomatic visit to the region.

• Israel vows to continue efforts to bring all hostages home.

👉 Get the full story on Alexander’s release

Health

Pharmacists Stockpile Drugs Over Proposed Tariffs

Independent pharmacists are bracing for medication shortages as Trump proposes new tariffs to bring drug manufacturing back to the U.S. With 90% of prescriptions being generics—many imported—supply chains could be hit hard.

Key Points:

• Proposed tariffs aim to reshore U.S. drug production.

• Pharmacists worry about rising prices and inventory strain.

• Analysts say tariffs alone may not solve supply chain issues.

Health Policy

Trump Signs Executive Order to Cut Drug Prices

A new executive order from Trump takes aim at prescription drug prices by proposing “Most Favoured Nation” pricing—meaning Americans would pay no more than the lowest price globally. Experts, however, are skeptical about quick results.

Key Points:

• Aims to match U.S. drug prices to global lowest rates.

• Push for direct-to-consumer sales from drugmakers.

• Critics warn of supply issues and innovation slowdowns.

Sports

Real Madrid Reportedly Eyes Cristian Romero for Defensive Revamp

Real Madrid is said to be tracking Spurs center-back Cristian Romero as the club looks to rebuild under likely-new manager Xabi Alonso. Spurs turned down offers last season, but changes may be ahead after a rough campaign.

Key Points:

• Romero is on Real Madrid’s radar amid team rebuild talks.

• Bayer Leverkusen linked with Jadon Sancho; Arsenal eyes Zubimendi.

• Other top players also drawing interest ahead of summer transfers.

👉 Catch up on the transfer rumors

Local News

Massive Fire Erupts in Baltimore Warehouse, Forces Evacuations

A vacant mattress warehouse in West Baltimore caught fire Monday evening, escalating to a 7-alarm blaze that involved 200+ firefighters. Rail service was interrupted and about 30 residents were evacuated. No injuries were reported.

Key Points:

• Fire began Monday night in an abandoned warehouse.

• Firefighters used exterior approach due to intensity.

• Major rail line disrupted; Red Cross assisting evacuees.

🧭 Stay Informed, Stay Ahead

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Until next time, stay sharp.
– The Morning Post Team