Israeli Prime Minister Benjamin Netanyahu is planning to visit the White House on Monday, four sources with knowledge tell Axios.
Why it matters: If the visit takes place as planned, Netanyahu will be the first foreign leader to meet President Trump in person to try to negotiate a deal to remove Trump's tariffs. The leaders are also expected to discuss the Iran nuclear crisis and the war in Gaza.
U.S. stocks finished their worst week in five years with a historic two-day rout, as the realities of President Trump's tariff plan left investors stunned and fearing what comes next.
Why it matters: As opposed to Trump's first term, when sharply negative market moves often influenced him to pull back policy, in the second Trump administration markets are on their own.
President Trump on Friday announced that he again would delay the ban on TikTok, scheduled for tomorrow, despite not having made a deal with the app's Chinese owner, ByteDance.
Why it matters: TikTok is used by millions of Americans, for both entertainment and livelihoods.
Top congressional Democrats on Thursday night spoke out over reports that Gen. Timothy Haugh has been fired as National Security Agency director.
The big picture: The Washington Post first reported that Haugh had been removed from the NSA role and as U.S. Cyber Command chief, along with his civilian deputy Wendy Noble, citing a former U.S. official and two current ones.
Oil prices slidto their lowest levels since 2021 Friday after China unveiled steep retaliatory tariffs, adding to Thursday's plunge on news of the White House trade war and more OPEC+ supply.
Why it matters: The swirling forces bringing the steep drop serve one White House goal (lower energy prices) while further impeding another (drill baby drill).
China will impose 34% tariffs on all U.S. goods and also restrict exports of critical minerals, the nation's finance minister said on Friday.
Why it matters: It's a steep escalation in the U.S-China trade war, following President Trump's reciprocal tariffs on one of America's largest trading partners.
President Trump is betting his presidency on the biggest instant, unilateral, by-choice-not-necessity economic mandate in U.S. history.
Why it matters: He's gambling that generations of politicians, economists, CEOs, small-business owners, academics and even some of his own staffers are wrong — and that he's right.
And he's doing it with an issue that hits every American.
South Korea's impeached President Yoon Suk Yeol has been removed from office over his brief martial law declaration last December that saw troops deployed to the National Assembly.
Why it matters: The South Korean constitutional court's unanimous ruling on Friday morning local time upholding Parliament's impeachment vote means the country must hold a snap election to replace Yoon within 60 days, per Yonyap news agency.
The Heritage Foundation is going to acquire the Abraham Accords Peace Institute (AAPI), which was established by President Trump's son-in-law and former senior adviser Jared Kushner, according to a statement shared with Axios.
Why it matters: The move by the conservative think-tank, which is considered highly influential on Trump administration policies, could reenergize the efforts to push for new normalization agreements between Israel and the Arab world — something the president has said he wants to do.
