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Tuesday Afternoon News Updates: China Just Humiliated Trump — 5/5/26

While missiles fly over the UAE for the second straight day, Trump is falling asleep in the Oval Office and imagining conversations with Iranian leaders

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Ben Meiselas and MeidasTouch Network
May 05, 2026
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Hi all, Ben here. It’s Tuesday, and it’s been another busy day. Before I dive into the details, here’s a 30,000-foot view of the latest updates. Remember to like this post and re-stack the spread the word.

Stories we are tracking today:

  • Iran fires missiles and drones at the UAE for the second consecutive day

  • Pete Hegseth holds a bizarre press conference claiming a “red, white and blue dome” over the Strait of Hormuz

  • Trump nods off in the Oval Office during a children’s fitness event, then rants about Iran, nuclear war, and the 2020 election to the kids

  • China invites Iran’s foreign minister to Beijing before Trump even arrives for his summit with Xi

  • Scott Bessent accuses China of funding terrorism while Trump prepares to visit Beijing

  • Gas prices hit $4.50/gallon, airlines cancel flights, Chevron CEO warns of physical oil shortages

  • The Palm Beach Airport renaming deal is packed with Trump business perks

  • The “free” ballroom Senate Republicans now want $1 billion for security

Before I go any further, I want to thank all our paid subscribers for helping to fuel our work. If you’re already a Meidas+ paid Substack subscriber, thank you. If not, consider stepping up now and join us today to support our unapologetic reporting.

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