YOUR MORNING NEWS ROUNDUP | | | | Jane Onyanga-Omara | Audience Editor
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Quick look at Monday's news: |
US and China reach deal to lower tariffs |
The United States and China said Monday they have agreed a deal to slash reciprocal tariffs as the world's two biggest economies seek to end a trade war that has put financial markets on edge. |
Speaking after talks with Chinese officials in Geneva, Switzerland, Treasury Secretary Scott Bessent told reporters Monday the two sides had agreed on a 90 day pause on measures and that tariffs would come down by over 100 percentage points to 10%. |
| • | "Both countries represented their national interest very well," Bessent said. "We both have an interest in balanced trade, the U.S. will continue moving towards that." | | • | The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. | | • | The agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the U.S. and China. | |
Hamas to release Israeli-American hostage Edan Alexander |
Hamas will release Israeli-American hostage Edan Alexander from Gaza on Monday, the Palestinian militant group said, although Israel's prime minister said there would be no ceasefire and plans for an intensified military campaign would continue. Fighting will pause to allow for Alexander's safe passage, Prime Minister Benjamin Netanyahu said, a day after Israel was told of Hamas' decision to free the last surviving U.S. hostage in Gaza as a goodwill gesture to President Trump. The release, after talks between Hamas, the U.S., Egypt and Qatar, could open the way to freeing the remaining 59 hostages held in Gaza. Read more | This photograph taken on January 21, 2025, shows a poster bearing a portrait of Israeli-American hostage Edan Alexander held in the Gaza Strip since the October 7, 2023 attacks on Israel by Hamas militants. AFP via Getty Images |
Trump says he will sign order aimed at cutting drug prices |
President Trump said he will sign an executive order that institutes a "most favored nation" policy for drug pricing, reviving a plan from his first term that he said will reduce prescription drug and pharmaceutical prices "almost immediately, by 30% to 80%." The order, which Trump plans to sign at 9 a.m. ET Monday, is expected to direct the U.S. Department of Health and Human Services to adopt the policy, which would set prescription drug prices to match those of comparable countries. Full details of the order, which drew immediate resistance from the pharmaceutical industry, were unclear. Read more |
Pope Leo urges media to end divisiveness |
Pope Leo, in his first address to the media Monday, called for an end to a polarizing "war of words" made of partisan and ideological attacks and not give space to fanaticism and hatred. Speaking to thousands of members of the media from around the world who covered his election and the death of his predecessor, Pope Francis, Leo also called for the release of reporters jailed for doing their jobs. He added artificial intelligence had to be used with "responsibility and discernment." Read more | Pope Leo XIV meets with journalists during an audience to representatives of the media, at Paul-VI hall in The Vatican, on May 12, 2025. ALBERTO PIZZOLI, AFP via Getty Images |
The NBA draft lottery is here |
Where will Duke freshman star Cooper Flagg be playing next season? The Washington Wizards, who last had the No. 1 pick in 2010, can picture Flagg in their lineup alongside Alex Sarr, Bilal Coulibaly and Bub Carrington. The Utah Jazz have never had the No.1 overall pick, and Utah's front office, led by Danny Ainge and Justin Zanik, would love to win the draft lottery. They are sending co-owner Ashley Smith to Monday's NBA draft lottery for good luck. The draft lottery has been the system used by the NBA to determine its draft order over four decades now. Here's what you need to know. |
Photo of the day: Chicagoans pack pews to celebrate South Side pope |
Rome, the ancient city and historic home of the Catholic Church, felt close to the South Side on Sunday as Chicagoans were still grasping the reality that a son of the neighborhood had become pope, the first American ever. Pope Leo XIV was born about three miles south of Chicago's iconic downtown Loop area and first learned his faith at a parish abutting suburbs south of the city. Stunned residents have been c elebrating the news since his election last week at the conclave. | Ted Kolbus, 53, stands outside Holy Name Cathedral in Chicago, holding a prayer card celebrating the election of Pope Leo XIV. The successor to Pope Francis was born on the South Side of the city. Michael Loria, USA TODAY | | The building is "completely uninhabitable," authorities said, and the Red Cross is helping a couple of hundred people who are now displaced. | | The New York Times and ABC News reported the plane will be used as Air Force One and later be donated to Trump's presidential library. | | | | The incident occurred just after 5 a.m. local time on May 11 on State Route 60 near Hacienda Heights, a suburban community in Los Angeles County. | | | | Political commentator Camryn Kinsey says she's set to return to Fox News this week, days after a scary incident in which she fainted live on the air. | | | | Stars such as Amber Heard, Duchess Meghan and Keke Palmer are gushing about family as they celebrate Mother's Day. | | | | USA TODAY's daily news podcast, The Excerpt, brings you a curated mix of the most important headlines seven mornings a week. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | Brighten your day with one of our games. | | | | |
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