The New York Knicks are entering a crucial offseason following a frustrating playoff exit in the Eastern Conference Finals. New York reacted to this by firing long-time head coach Tom Thibodeau, sending the organization into a search for a new leader.

NBA insider Marc Stein reported that the Raptors could be a potential landing spot for Durant if they pivot from trying to acquire Milwaukee Bucks forward Giannis Antetokounmpo. "But Toronto has likewise been painted by numerous NBA figures as a potential trade suitor for Durant

Trump said in his Truth Social post that the hour-and-a-half conversation phone call was “focused almost entirely on TRADE,” while the Chinese readout singled out Xi’s stern warning on Taiwan – the reddest of lines for Beijing – and the issue of Chinese student visas.

U.S. President Donald Trump and Chinese leader Xi Jinping confronted weeks of brewing trade tensions and a battle over critical minerals in a rare leader-to-leader call on Thursday that left key issues to further talks.

President Trump and China's Xi Jinping accepted invitations to visit each other's countries during a call about their trade dispute and tariffs.

The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

Key Takeaways The U.S. trade deficit fell from an all-time high in March to $61.6 billion in April, the biggest plunge on record.The drop shows that the rush to import items ahead of President Donald Trump’s tariffs has largely ended.

President Donald Trump's tariff policy aims to reduce the U.S. trade deficit, deemed a threat to economic prosperity.