{"id":137230,"date":"2025-05-13T04:01:53","date_gmt":"2025-05-13T04:01:53","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/trump-news-at-a-glance-markets-rally-on-china-trade-war-pause-first-afrikaner-refugees-arrive-the-guardian\/"},"modified":"2025-05-13T04:01:53","modified_gmt":"2025-05-13T04:01:53","slug":"trump-news-at-a-glance-markets-rally-on-china-trade-war-pause-first-afrikaner-refugees-arrive-the-guardian","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/trump-news-at-a-glance-markets-rally-on-china-trade-war-pause-first-afrikaner-refugees-arrive-the-guardian\/","title":{"rendered":"Trump news at a glance: Markets rally on China trade war pause, first Afrikaner \u2018refugees\u2019 arrive – The Guardian"},"content":{"rendered":"

Wall Street jumps as president hails \u2018total reset\u2019 with Beijing, while administration stirs controversy with refugee status for white South Africans. Key US politics stories from Monday 12 May 2025 at a glance
\u201cThey\u2019ve agreed to open up China,\u201d US president Donald Trump<\/a> claimed at a press conference at the White House on Monday morning, having spent months escalating tensions with Beijing by ratcheting up tariffs on the country\u2019s exports.
Chinese duties on US goods will be lowered to 10%, while the US tax on Chinese goods will be lowered to 30%. The latter is because US tariffs include 20% previously imposed by Trump blaming China for the US\u2019s fentanyl crisis<\/a>.
Meanwhile, at Dulles international airport outside Washington DC, dozens of white South Africans were met by US deputy secretary of state, Christopher Landau, and deputy secretary of homeland security, Troy Edgar, after the president declared the Afrikaners victims of a \u201cgenocide\u201d.
Here are today\u2019s key stories at a glance:
Donald Trump<\/a> hailed a \u201ctotal reset\u201d in relations between China and the US after the countries agreed a 90-day pause to the deepening trade war that has threatened to upend the global economy, with tariffs to be lowered by 115 percentage points.
Wall Street rose sharply after the announcement, with the benchmark S&P 500 jumping 3.2%, the Dow Jones industrial average climbing 2.6% and the tech-heavy Nasdaq gaining 4%.
Read the full story<\/sub><\/a>
The first group of white South Africans granted refugee status by Donald Trump\u2019s administration has arrived in the US, stirring controversy in South Africa<\/a> as the US president declared the Afrikaners victims of a \u201cgenocide\u201d.
The Afrikaners, a minority descended from mainly Dutch colonists, were met at Dulles airport by US deputy secretary of state, Christopher Landau, who said: \u201cIt is such an honour for us to receive you here today \u2026 it makes me so happy to see you with our flag in your hands.
He invoked his family\u2019s history, saying: \u201cMy own father was born in Europe and had to leave his country when Hitler came in \u2026 We respect what you have had to deal with these last few years.\u201d
Read the full story<\/sub><\/a>
Top Democrats<\/a> in the US Senate are pushing for a vote on the floor of the chamber censuring Donald Trump<\/a>\u2019s reported plan to accept a $400m luxury jet from the royal family of Qatar<\/a> for use as Air Force One and later as a fixture in the Trump\u2019s personal presidential library.
Four Democratic members of the Senate foreign relations committee said on Monday that they would press for a vote later this week. They said that elected officials, including the president, were not allowed to accept large gifts from foreign governments unless authorized to do so by Congress. One described the gift as \u201cwildly illegal\u201d.
Read the full story<\/sub><\/a>
Hamas has freed the last living US citizen it held in Gaza, soldier Edan Alexander, in a unilateral move Donald Trump described as a \u201cgood faith step\u201d towards ending the war and bringing home all remaining hostages.
The release of 20-year-old Alexander, a dual national serving in the Israel Defense Forces who spent 584 days in captivity after he was seized from his base on 7 October 2023, was agreed with little Israeli involvement beyond practical coordination on the ground<\/a>.
Read the full story<\/sub><\/a>
The White House is unveiling an aggressive drug pricing strategy targeting pharmaceutical companies<\/a>, promising to dramatically cut prescription drug costs for American consumers.
Writing earlier on Truth Social, the president said the plan would reduce prescription drug and pharmaceutical prices in the US \u201calmost immediately\u201d by \u201c30% to 80%\u201d.
Read the full story<\/sub><\/a>
Josh Hawley, the influential US senator from Missouri<\/a>, has warned that his Republican<\/a> party is suffering from an \u201cidentity crisis\u201d over whether it stands for working Americans or rich corporate executives, signaling a worsening split among Donald Trump<\/a>\u2019s congressional troops over the president\u2019s plans for deep Medicaid cuts.
Read the full story<\/sub><\/a>
The Trump administration<\/a> reportedly fired the head of the US copyright office over the weekend \u2013 within days of the dismissed official having published a report about how the development of artificial intelligence (AI)<\/a> technology could run afoul of fair use law.
The sacking of Shira Perlmutter as the register of copyrights and director of the copyrights office on Saturday, as reported<\/a> by the Washington Post and NBC News<\/a>, came two days after Donald Trump fired<\/a> the librarian of Congress, who oversees the copyright office.
Read the full story<\/sub><\/a>
Americans are reconsidering major life events including marriage, having children and buying a home amid economic anxiety in the opening months of the Trump presidency, according to an exclusive poll for the Guardian.
Six in 10 Americans said the economy has affected at least one of their major life goals, according to the Harris poll, citing either lack of affordability or anxiety around the current economy.
Read the full story<\/sub><\/a>
The Pentagon is halting gender-affirming healthcare for transgender troops<\/a><\/strong> as it moves to kick them out of the US military, according to a memo seen by Reuters.
The Trump administration spent at least $21m transporting migrants to Guant\u00e1namo Bay<\/a><\/strong> on military aircraft between 20 January and 8 April, according to reports.
Catching up? Here\u2019s what happened on 11 May 2025<\/a>.<\/em><\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wall Street jumps as president hails \u2018total reset\u2019 with Beijing, while administration stirs controversy with refugee status for white South Africans. Key US politics stories from Monday 12 May 2025 at a glance\u201cThey\u2019ve agreed to open up China,\u201d US president Donald Trump claimed at a press conference at the White House on Monday morning, having […]<\/p>\n","protected":false},"author":1,"featured_media":137231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-137230","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/137230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=137230"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/137230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/137231"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=137230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=137230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=137230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}