Name: NTD News Today Full Broadcast (May 12)
Uploaded: 2025-05-12T19:28:23.000Z
Description: Wall Street's main indexes were set to open sharply higher on Monday as the United States and China reached a deal to reduce tariffs, signaling a truce in a punishing trade war that had kept markets on edge for weeks.

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Wall Street's main indexes were set to open sharply higher on Monday as the United States and China reached a deal to reduce tariffs, signaling a truce in a punishing trade war that had kept markets on edge for weeks. The United States will cut extra tariffs it imposed on Chinese imports in April this year to 30 percent from 145 percent, and Chinese duties on U.S. imports will fall to 10 percent from 125 percent, the two countries said on Monday. The new measures are effective for 90 days.

President Donald Trump will visit the Middle East from May 13 to 16, with scheduled stops in Saudi Arabia, Qatar, and the United Arab Emirates. The trip marks his first major foreign trip of his second term, following a recent visit to the Vatican for Pope Francis’s funeral two weeks ago. Trump is expected to announce a series of major investment deals aimed at attracting Gulf money into key U.S. sectors such as defense, technology, and artificial intelligence. His meetings will also focus on pressing regional issues, including the war between Israel and the Hamas terrorist group and ongoing nuclear talks with Iran.

Topics in this episode include:
<ol>
 	<li>Bessent: US, China to Pause Most Tariffs for 90 Days</li>
 	<li>Trump on Trade Deal: A Total Reset With China</li>
 	<li>Wall Street Surges at Open as US, China Slash Tariffs</li>
 	<li>Trump in Middle East From May 13 to 16</li>
 	<li>Hamas Says It Released Hostage Edan Alexander</li>
 	<li>Trump Says Qatar’s Gift Plane a ‘Gesture of Good Faith’</li>
 	<li>Republicans in Congress Negotiate Spending Bill</li>
 	<li>Trump Administration Fires Top Copyright Official</li>
 	<li>SCOTUS to Hear Birthright Citizenship Case</li>
 	<li>ICE Cooperation in California</li>
 	<li>Parents Group: Title IX Task Force a Major Win</li>
 	<li>Sean Combs Sex Trafficking Case Underway</li>
 	<li>Newark Airport Experiences Equipment Outage</li>
 	<li>Trump Looks to Slash Prices for Prescription Medications</li>
 	<li>Trump Signs Order to Lower Cost of Prescription Drugs</li>
 	<li>South Korea’s Presidential Race Kicks Off</li>
 	<li>Poland Closing Russian Consulate Over Arson Allegations</li>
 	<li>Calm Prevails Overnight in India & Pakistan</li>
 	<li>Taiwan Tests US-Made HIMARS Rocket System</li>
 	<li>Trump Signs Order Aimed at Cutting Drug Prices</li>
 	<li>Trump Touts ‘Reset’ With China Amid Tariff Pause</li>
 	<li>Trump Hails Qatar’s ‘Nice Gesture’ of AF1 Replacement</li>
 	<li>French Chefs Shine at Taste of Paris</li>
 	<li>Collectors Discover Violin Crafted in Concentration Camp</li>
</ol>

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Don Ma is an anchor and senior business correspondent based at the network's global headquarters in New York City. Don is the anchor and producer of NTD's "Business Matters," which airs weekdays at 4:30 pm ET.

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