What to Know
- The U.S. and China agreed to slash reciprocal tariffs in a major step toward easing their ongoing trade war.
- An American-Israeli soldier held hostage for more than 19 months in the Gaza Strip was released by Hamas today.
- President Trump departed for the Middle East today for the first major foreign trip of his second term.
- Trump will visit Saudi Arabia, Qatar and the United Arab Emirates, though his most pressing regional challenges concern two other countries: Israel and Iran.
- Trump this morning signed an  that aims to lower prescription drug prices and discussed the measure at a press conference with Health and Human Services Secretary Robert F. Kennedy Jr.
This live blog about the Trump administration on Monday, May 12 has ended. See more coverage here.
