The U.S. and China reached an agreement to temporarily lower tariffs on each other’s products. After another radar outage affecting Newark airport, the secretary transportation warned that flight disruptions could spread to other U.S. airports. NBC News reports. Also, a roundup of recent immigration news, as the Trump administration welcomes a group of white South Africans to the U.S. Plus, Hamas is releasing its last living American hostage, Trump is planning to accept a $400 million jet from Qatar, and what the pope said in his first Sunday sermon as pontiff. Today’s episode was hosted by Shumita Basu.
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Hey there, it's Shamita. I've got a quick request for you. If Apple News Today is an essential part of your morning routine, follow the show in Apple Podcasts. And if you have another 30 seconds, leave us a rating and a review too. It helps other people find our show and it helps us know what you like about it. Thanks. Good morning. It's Monday, May 12th. I'm Shamita Basu.
This is Apple News Today. On today's show, the administration's threat to suspend a core constitutional right. Why the chaos at Newark could soon spread to other airports. Plus, why Trump accepting a Qatari jet is raising ethics concerns. But first, to major breaking news on tariffs. The U.S. and China reached an agreement to temporarily lower tariffs on each other's products.
By Wednesday, the U.S. says it will reduce its 145 percent tariff rate on most Chinese imports to 30 percent. And China says it will reduce its 125 percent tariff rate on U.S. goods to 10 percent. Here's U.S. Treasury Secretary Scott Besant speaking from Geneva.
We concluded that we have shared interest and we both have an interest in balanced trade. The U.S. will continue moving towards that.
The reduced tariff rates between the world's two largest economies will last for 90 days while the two sides continue negotiations, offering a major sigh of relief to the global economy. Global trade was effectively halted because of the previous tariff rates. Here's CNN's international correspondent Mark Stewart reporting from Beijing for The Network this morning.
There's also a very symbolic accomplishment that's important. Number one, we are having this joint statement. The fact that both of these nations put out a statement together to say that they are committed to some kind of economic fairness between them, that's a very big deal. It's just not something we see that often.
Also important, Stewart points out, there's now an established open line of communication between Washington and Beijing.
China really prefers diplomacy 101, back-channel conversations, whereas President Trump, if he had his way, he would call President Xi directly. That's just not in the Chinese style. But while there are certainly high hopes, a lot of optimism, there's also some caution. We're hearing very guarded statements from Chinese government officials.
Like this statement from China's vice premier.
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