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Live.
Dave Mattingly
From NPR News in Washington, I'm Dave Mattingly. The Trump administration says the US And China have agreed to temporarily reduce the high tariffs imposed on each other's products. And NPR's Emily Fang says the announcement follows weekend talks in Geneva, Switzerland.
Emily Fang
Total U.S. taxes on Chinese goods will go from at least 145% down to 30% for an initial period of 90 days. And Chinese taxes on U.S. goods will initially go down to 10% from around 125%. Earlier. U.S. treasury Secretary Scott Bessen and U.S. trade Representative Jameson Greer helped negotiate the deal over the weekend. They did not explain what else China had offered in terms of opening up their economy and addressing trade imbalances besides lowering their own import taxes. The US And China are still negotiating, however, and they say they've set up a trade consultation negotiation going forward to avoid what Besant called, quote, unfortunate escalations in the last few weeks in tariffs on each other. Emily Fang, NPR News.
Dave Mattingly
Ukraine's President Volodymyr Zelensky says he plans to travel to Turkey later this week for direct talks proposed by Russian President Vladimir Putin. But Zelensky says he'll only do so if Putin first first agrees to a 30 day ceasefire. NPR's Joanna Kakissis has more from Kyiv.
Joanna Kakissis
In his nightly video address, Zelensky said he was optimistic that Russia could agree to a ceasefire on Monday. I will be in Turkey on May 15, and I will be waiting there for Putin, zelensky said. And I hope this time Putin will not look for reasons why he cannot do something. On Saturday, the Russian leader said he was ready for direct talks with Ukraine but did not address a ceasefire. The same day, the leaders of four major European countries traveled to Kyiv. Together with Zelensky, they proposed an unconditional ceasefire that would last 30 days, starting on Monday. President Trump says he supports the proposal. Joanna Kakissis, NPR News, Kyiv.
Dave Mattingly
Hamas says it's releasing American Israeli hostage Eden Alexander this hour. The militant group is describing the release as a goodwill gesture to the Trump administration. A Hamas official speaking to NPR on condition of anonymity says Hamas is to receive unspecified things from the US the office of Israeli Prime Minister Benjamin Netanyahu put out a statement saying Alexander is being released without receiving anything. President Trump is scheduled to leave Washington today to travel to the Middle East. He'll be visiting Saudi Arabia, Qatar and the United Arab Emirates on the first foreign trip of his second term in the White House. On on social media last night, the president confirmed his administration is preparing to accept a Boeing 747 luxury jet from the royal family of Qatar. This is NPR News from Washington. Transportation Secretary Sean Duffy says the Trump administration will work to reduce the number of flights in and out of Newark Liberty International Airport in New Jersey for the next several weeks. The move follows numerous flight delays and cancellations in recent weeks amid a shortage of air traffic controllers and repeated radar outages. Speaking to NBC's Meet the Press, Tuffy says he'll be meeting with airline executives to help determine the flight reductions. United Airlines recently eliminated more than 30 daily round trip flights at the airport, citing safety reasons. A new study finds the land in many cities across the US is sinking, mostly because of groundwater extraction. As NPR's Rebecca Hersher reports, tens of millions of people are being affected.
Rebecca Hersher
Researchers at Columbia University in Virginia Tech measured the height of the land in the 28 most populous US cities. They found that about 20% of the land area sank between 2015 and 2021. More than 30 million people live in areas affected by sinking land, and Houston is the fastest sinking major city in the country, they found. The study was published in the journal Nature Cities. Land sinks for many reasons, some of them natural, but extracting groundwater for agriculture, drinking and manufacturing is the main driver. Sinking land can lead to more flooding in urban areas, particularly in coastal neighborhoods where sea levels are also rising because of climate change. Rebecca Hersher, NPR News.
Dave Mattingly
Wall street futures are up sharply this morning. I'm Dave Mattingly in Washington.
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Release Date: May 12, 2025
Host: Dave Mattingly
Description: The latest news in five minutes. Updated hourly.
Timestamp: 00:17 – 01:20
The Trump administration announced a temporary reduction in tariffs between the United States and China, signaling a potential de-escalation in the ongoing trade tensions. U.S. tariffs on Chinese goods will decrease significantly from a minimum of 145% to 30% for an initial period of 90 days. Conversely, Chinese tariffs on U.S. products will be reduced from approximately 125% to 10%.
Key Details:
Analysis: This move reflects a strategic pause in the trade war, possibly providing both countries with a window to negotiate more comprehensive trade terms. The significant reduction in tariffs could alleviate costs for businesses and consumers, fostering a more favorable trade environment temporarily.
Timestamp: 01:20 – 02:21
Ukrainian President Volodymyr Zelensky announced his intention to travel to Turkey for direct talks with Russian President Vladimir Putin. However, this trip is contingent upon Putin agreeing to a 30-day ceasefire.
Key Details:
Analysis: The proposed ceasefire marks a critical step towards de-escalation in the Ukraine-Russia conflict. Zelensky’s conditional approach underscores Ukraine’s priorities in seeking peace while maintaining sovereignty. The international backing adds weight to the proposal, potentially increasing the likelihood of acceptance by Russia.
Timestamp: 02:21 – 04:06
Hamas has announced the release of Eden Alexander, an American-Israeli hostage, as a "goodwill gesture" toward the Trump administration. This release comes amidst President Trump’s forthcoming visit to the Middle East, which includes stops in Saudi Arabia, Qatar, and the United Arab Emirates.
Key Details:
Analysis: The hostage release may be part of broader diplomatic efforts orchestrated by the U.S. administration to stabilize the region. The differing statements from Hamas and the Israeli Prime Minister highlight complexities in hostage negotiations and the potential behind-the-scenes diplomacy involving the Trump administration.
Timestamp: 04:06 – 04:50
In response to ongoing flight delays and cancellations caused by a shortage of air traffic controllers and radar outages, the Trump administration is implementing measures to reduce the number of flights at Newark Liberty International Airport for the coming weeks.
Key Details:
Analysis: This intervention aims to address immediate safety and operational issues at one of the nation’s busiest airports. By reducing the flight volume, the administration seeks to alleviate congestion and improve reliability, ensuring passenger safety amidst infrastructural challenges.
Timestamp: 04:50 – End
A new study by Columbia University and Virginia Tech has uncovered that approximately 20% of the land area in the 28 most populous U.S. cities is sinking, primarily due to groundwater extraction. This phenomenon affects over 30 million people, with Houston identified as the fastest-sinking major city.
Key Details:
Analysis: The study underscores a critical intersection between urban development and environmental sustainability. Addressing groundwater management is essential to prevent further land subsidence and mitigate the associated risks of increased flooding and infrastructure damage in vulnerable cities.
Timestamp: 04:50 – 04:56
Wall Street futures are experiencing a sharp rise this morning, indicating a positive outlook for the stock market. While detailed factors contributing to this surge were not discussed in the episode, the increase reflects investor optimism.
Analysis: The uptick in Wall Street futures may be influenced by several factors, including the recent U.S.-China tariff reduction, geopolitical developments, or positive economic indicators. Investors will be closely monitoring the market’s reaction as the trading day progresses.
This episode of NPR News Now provided a comprehensive overview of significant global and domestic developments, ranging from international trade negotiations and geopolitical tensions to environmental studies and economic indicators. By delivering timely information with attributed quotes and detailed analysis, the summary ensures that listeners are well-informed about the key issues shaping the current landscape.