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Jack Spear
Live from NPR News in Washington, I'm Jack Spear. Americans pay higher prescription drug prices than patients in other countries and and today President Trump signed a new executive order aimed at changing that. Here's NPR's Sidney Lupkin.
Sidney Lupkin
President Trump wants the U.S. to pay less for prescription drugs. He signed an executive order today aiming to force pharmaceutical companies to lower their prices voluntarily. Called Most Favored Nation Policy, Trump wants US Drug prices to be tied to those in other developed countries. The order directs the Department of Health and Human Services to give price targets to the industry within 30 days if the industry doesn't comply voluntarily. The order lays out steps the administration can take to impose lower prices, such as administrative rulemaking. However, it's not immediately clear in the short term what authority the Trump administration has to enforce the order. Sidney Lupkin, NPR News.
Jack Spear
A federal judge is refusing to block the IRS from sharing immigrants tax data with Immigration and Customs Enforcement, or ice, for the purpose of identifying and deporting people in the U.S. illegally. NPR's Jasmine Gard's report.
Jasmine Garsd
There are restrictions on what kind of information ICE can request from the irs, but US District Judge Dabney Friedrich, a Trump appointee, has denied a preliminary injunction. The decision comes weeks after IRS Commissioner Melanie Krause resigned over a deal to allow ICE to use IRS tax records to identify immigrants without legal status in the US ICE has said working with the IRS is strictly for major criminal cases. Various nonprofit groups argued that immigrants who pay taxes are entitled to the same privacy as US Citizens regardless of their legal status. They argue that to do otherwise threatens the privacy of all Americans. Jasmine Garsd, NPR News, New York.
Jack Spear
The US And China have agreed to scale back their trade war for now. The two countries following a weekend meeting in Geneva, both agreeing to go from triple digit tariffs to much smaller tariff levels for the next 90 days as they seek to hammer out a broader deal. In npr, Scott Horsley said that it's likely to now spark an effort to restart stalled shipments of goods coming from.
Bonnie Ross
China to the US it could be a real scramble. I talked to Bonnie Ross, who imports clothing for discount chains like Burlington. When the sky high tariffs were announced last month, she actually pulled two containers off of a ship and they've been sitting at a factory in China all this time When Ross heard about the 90 day reduction in tariffs this morning, she went right to work trying to get that merchandise and maybe more to.
Jack Spear
The U.S. as to what happens next, it's not clear. The U.S. lowered tariffs to 30% while China cut tariffs on U.S. goods to 10%. That move sparked a relief rally on Wall Street. Stocks up sharply today. The Dow gained more than 1,100 points. The NASDAQ rose 779 points today. You're listening to NPR. The prosecution and the defense in the Sean Diddy Combs trial delivered their opening statements to a PAC courtroom today. Two witnesses testified as NPR's Isabel Gomez Sarmiento reports.
Isabel Gomez Sarmiento
Prosecutors alleged that Sean Combs used his business to carry out and cover up crimes. His defense attorneys argued that the rapper and music mogul was in toxic relationships that had nothing to do with his companies. After opening arguments, two government witnesses testified. First, a Los Angeles police officer who was working as a hotel security guard in 2016 described how he responded to an altercation between Combs and his ex girlfriend, Cassie Ventura. Video of the incident, which shows Combs kicking and dragging Ventura and has been widely viewed since CNN obtained and released a version of it last year. Then a man who claims Ventura paid him for sexual encounters that Combs watched took the stand. He said he witnessed Combs violently attack Ventura more than once. Testimony will continue on Tuesday. Isabela Gomez Sarmiento, NPR News.
Jack Spear
Ukraine is accusing Russia of launching more than 100 Shahed drones along with decoys as part of a nighttime attack. It comes after the Kremlin has effectively rejected an unconditional 30 day ceasefire. It's now more than three year war against Ukraine. Moscow said it will take part in peace talks later this week without preconditions. There was no direct response from the Kremlin to a call by Ukrainian President Volodymyr Zelensky, his Russian counterpart. Meet him face to face for talks in Turkey on Thursday. Crude oil futures prices moved higher today. Oil up 93 cents a barrel to $61.95 a barrel. I'm Jack Spear, NPR News in Washington. Support for the following message comes from.
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NPR News Now: Detailed Summary for Episode Released May 13, 2025
Host: Jack Spear
Title: NPR News: 05-12-2025 10PM EDT
Description: The latest news in five minutes. Updated hourly.
Overview:
President Donald Trump has taken a significant step towards addressing the high cost of prescription drugs in the United States by signing a new executive order. This move targets the reduction of drug prices, aiming to align U.S. costs with those of other developed nations.
Key Points:
Notable Quote:
"Trump wants US Drug prices to be tied to those in other developed countries."
— Sidney Lupkin, NPR (00:32)
Overview:
A controversial decision by a federal judge permits the Internal Revenue Service (IRS) to share tax information with Immigration and Customs Enforcement (ICE). This development is poised to impact undocumented immigrants residing in the U.S. by potentially aiding in their identification and deportation.
Key Points:
Notable Quote:
"Working with the IRS is strictly for major criminal cases."
— ICE Representative (01:27)
Overview:
In a recent development, the United States and China have agreed to temporarily reduce their ongoing trade tensions by lowering tariffs. This agreement comes as both nations seek to pave the way for more comprehensive trade negotiations.
Key Points:
Notable Quotes:
"China to the US it could be a real scramble."
— Bonnie Ross, Importer (02:33)
"The Dow gained more than 1,100 points. The NASDAQ rose 779 points today."
— Jack Spear, NPR News (02:55)
Overview:
The highly publicized trial of Sean "Diddy" Combs has entered a critical phase with both prosecution and defense delivering their opening statements and presenting witnesses to the court.
Key Points:
Notable Quote:
"Prosecutors alleged that Sean Combs used his business to carry out and cover up crimes."
— Isabel Gomez Sarmiento, NPR (03:28)
Overview:
The conflict between Ukraine and Russia persists, with recent escalations involving drone attacks. Concurrently, crude oil prices have seen an uptick amid the ongoing geopolitical tensions.
Key Points:
Notable Quote:
"Moscow said it will take part in peace talks later this week without preconditions."
— Jack Spear, NPR News (04:18)
Conclusion:
This episode of "NPR News Now" encapsulates a range of pressing national and international issues, from domestic policy changes under President Trump affecting drug prices and immigration enforcement, to significant developments in the US-China trade relationship, a high-profile criminal trial, and the enduring tensions in Ukraine-Russia relations impacting global economics. Each segment provides listeners with concise yet comprehensive insights, underscored by authoritative reporting and pertinent quotes that highlight the gravity and implications of these events.