Trump defends Qatar jumbo jet offer, says it would be ‘stupid’ to turn away free plane

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(WASHINGTON) -- President Donald Trump on Monday defended the administration's plans to receive a luxury jumbo jet donated by the Qatari government, saying it would be "stupid" not to accept a free plane, as some Democrats questioned the ethics of such a move.

During remarks at the White House on Monday, before embarking on a four-day trip to the Middle East, Trump called the donation a "very nice gesture" when pressed by reporters if Qatar had asked for anything in exchange.

"I think it's a great gesture from Qatar. Appreciate it very much," Trump said. "I would never be one to turn down that kind of an offer. I mean, I could be a stupid person and say, 'No, we don't want a free, very expensive airplane.' But it was, I thought it was a great gesture."

"I think it was a gesture because of the fact that we help, have helped, and continue to, we will continue to all of those countries, Saudi Arabia, the UAE, Qatar and others," he continued.

Trump said he doesn't plan to use the plane after he leaves office.

Further pressed by ABC News Senior Political Correspondent Rachel Scott on what he would say to people who view the luxury plane as a personal gift to him, Trump said it was not a gift to him but "a gift to the Department of Defense."Democrats are speaking out, slamming the president.

Senate Minority Leader Chuck Schumer suggested the acceptance of the plane is an unprecedented breech of American standards.

"His shameless self-enrichment is without equal in American history. You cannot think of another president who has been so brazen, so selfish and so destructive of the norms of what America is about," Schumer said on the Senate floor Monday evening.

Sen. Jack Reed, the top Democrat on Senate Armed Services Committee, also slammed Trump for considering accepting the plane.

"Such a gesture represents a blatant conflict of interest and undermines the integrity of American leadership," Reed wrote in a statement.

House Speaker Mike Johnson said he would not comment on Trump preparing to receive the jet from Qatar because he hasn't seen the "details."

Sources familiar with the proposed arrangement told ABC News that the plane would be a gift that is to be available for use by Trump as the new Air Force One until shortly before he leaves office, at which time ownership of the plane will be transferred to the Trump presidential library foundation.

Such an arrangement is sure to raise questions about whether it is legal for the Trump administration, and ultimately, the Trump presidential library foundation, to accept such a valuable gift from a foreign power.

On Monday, Trump referenced an anecdote involving the professional golfer Sam Snead to explain his acceptance of the plane.

"He had a motto, when they give you a putt, you say, 'Thank you very much.' You pick up your ball and you walk to the next hole," he said. "A lot of people are stupid. They say, 'No, no, I insist on putting it.' And then they putt it, they miss it, and their partner gets angry at them. You know what? Remember that Sam Snead: when they give you a putt, you pick it up and you walk to the next hole and you say, 'Thank you very much.'"

The White House is working on the "legal details" of the donation, press secretary Karoline Leavitt said on Monday.

"The Qatari government has graciously offered to donate a plane to the Department of Defense, the legal details of that are still being worked out," Leavitt said in an appearance on Fox News.

"But, of course, any donation to this government is always done in full compliance with the law. And we commit ourselves to the utmost transparency and we will continue to do that," Leavitt added.

A senior White House official said the plane will not be presented or gifted while the president is in Qatar this week on a tour of the Middle East, marking the first official foreign trip of Trump's second term.

In a social media post Sunday night, Trump confirmed his administration was preparing to accept the aircraft, calling it a "very public and transparent transaction" with the Defense Department.

Trump had previously toured the plane, which is so opulently configured it is known as "a flying palace," while it was parked at the West Palm Beach International Airport in February.

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Report: Madonna’s life and career to be the subject of Netflix limited series

Kevin Mazur/MG25/Getty Images for The Met Museum/Vogue

In November, Madonna asked fans via Instagram if they thought her life story should be a feature film or a TV series. In the comments, many fans voted for her story to be told in a series — and now it appears as though that's what's going to happen.

Variety confirms that Netflix is developing a limited series about the Queen of Pop's life and career. Madonna is working with Deadpool & Wolverine director Shawn Levy on the project. No word on who will portray Madonna in the series.

The series is said to "unrelated" the biopic that Madonna spent years developing, which was put on hold in early 2023. That project would have starred Julia Garner as the pop icon. However, in July 2024 Madonna shared photos of herself working on a screenplay called Who's That Girl?, leading to speculation that the project was back on.

In November, Madonna noted of her life story, "I did not have a normal life. I cannot make this in the normal way.”

Copyright © 2025, ABC Audio. All rights reserved.

Fox reveals ‘Fear Factor’ reboot, ‘American Dad!’ as part of its upcoming slate

Fox

Fox has revealed its upcoming slate of shows for the 2025-26 season.

Brand-new and returning shows are coming to the network, including the return of the animated series American Dad!, a reboot of Fear Factor and the Jane Lynch-hosted series Weakest Link moving over from NBC.

Several new shows are being added to the lineup for Fox's upcoming broadcast season, including the one-hour comedy Best Medicine, the thriller Memory of a Killer and a multipart series called The Faithful.

Best Medicine follows "a brilliant surgeon who abruptly leaves his illustrious career in Boston to become the general practitioner in a quaint East Coast fishing village," according to its official synopsis. Memory of a Killer will follow a hitman who develops early onset Alzheimer's, while The Faithful will be a six-episode limited series based on the book of Genesis to be presented during 2026's Easter and Passover season.

Additionally, the competition series' 99 to Beat, Celebrity Weakest Link and the aforementioned reboot with the working title Fear Factor: The Next Chapter are also joining the upcoming slate of shows.

“Building on our winning position in both key demos and co-viewing this season, FOX delivers a 2025-26 schedule that’s filled with irreverence, fun and much-needed laughter,” FOX Entertainment CEO Rob Wade said. “Next year more than ever, we’re bringing that promise to life with a terrific slate to delight our audiences across linear, Hulu and beyond.”

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Texas may end all child marriages

Texas may end all child marriages LUFKIN — Child marriages in Texas could end this year, as state lawmakers debate a proposal that would close a loophole from a 2017 law that allows certain 16- and 17-year-olds to wed.

House Bill 168 by state Rep. Jon Rosenthal, a Houston Democrat, would also nullify all existing marriage licenses involving minors, including those who move into the state after being married elsewhere.

The Texas House could vote on the matter as early as Saturday. For it to become law, the legislation would also need approval from the Senate.

Marriage among teenagers is rare after lawmakers took steps in 2017 to curb the practice. Still, Rosenthal believes the practice must be abolished entirely. Continue reading Texas may end all child marriages

What’s in the US-China trade framework?

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(WASHINGTON) -- A trade agreement between the U.S. and China on Monday slashed tit-for-tat tariffs between the world’s two largest economies and triggered a surge in the stock market.

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The lowered tariffs will remain in place for 90 days while the two sides negotiate a wider trade deal.

Still, the agreement appeared to leave key sticking points unresolved as the two countries work through a newly established mechanism for further discussions.

In a joint statement, the U.S. and China touted the agreement as evidence that both sides recognize the “importance of a sustainable, long-term, and mutually beneficial economic and trade relationship.”

Here’s what to know about the new trade framework:

Lower tariffs
The trade agreement temporarily reduces tariffs imposed by the U.S. and China in the aftermath of Trump’s “Liberation Day” announcement last month.

The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

Jonathan Pingle, chief U.S. economist at Swiss investment bank UBS, estimated the reduction in U.S. levies on China would bring average U.S. tariffs down from 24% to 14%.

In a statement to ABC News, Pingle described the agreement between the U.S. and China as a "cooling off."

Sector-specific tariffs on autos, aluminum and steel remain in place for Chinese goods, Trump told reporters at the Oval Office on Monday. Trump also said China would be subject to tariffs the White House plans to impose on pharmaceuticals.

The agreement preserves a set of 20% tariffs targeting China over its role in fentanyl trade, as well as a 10% levy slapped on imports from nearly all countries.

A plan for further negotiations
The framework established a mechanism for negotiations between the U.S. and China, setting up the countries for further discussions during the 90-day period of reduced tariffs.

Senior officials from both sides will take part in the talks, the statement added.

Treasury Secretary Scott Bessent and United States Trade Representative Jamieson Greer will represent the U.S., while China will be represented by Vice Premier of the State Council He Lifeng, a longtime associate of Chinese President Xi Jinping.

Shang-Jin Wei, a professor of finance and economics at Columbia University who studies the U.S.-China trade relationship, described the mechanism for negotiations as “meaningful.”

“It’s not an empty statement – there will be negotiations,” Wei said.

But, Wei added, the agreement struck on Monday amounts to a “temporary solution” as the two sides engage in a challenging set of discussions over the next few months.

“There’s a lot of uncertainty about what will happen in 90 days,” Wei said.

Sticking points remain unresolved
Speaking at the White House on Monday, Trump acknowledged that verbal commitments made by both sides must be “papered,” meaning the broad accord has yet to be formalized through detailed agreements.

Trump has previously said he would like to narrow a $300 billion U.S. trade deficit with China, and roll back what he describes as non-tariff barriers to U.S. trade. The framework announced on Monday did not detail steps toward those efforts, Wei said.

The agreement also appeared to lack final resolution for a key sticking point centered on U.S. access to important materials largely controlled by China.

China imposed export restrictions on some rare earth elements and magnets that make up critical inputs in some U.S. auto, energy and defense products.

For now, Chinese companies can still export to U.S. customers, though the Chinese firms must receive approval from the Chinese government.

After the agreement, U.S. buyers are expected to have an easier path for such approval, but the restrictions are not expected to be fully removed, Reuters reported.

Rare earths are vital for a range of defense technologies, including F-35 fighter jets, Tomahawk missiles and radar systems, the Center for Strategic and International Studies, or CSIS, said last month.

The U.S. will likely also seek guarantees from China about the purchase of U.S. products, including agricultural goods, Wei said.

Meanwhile, Wei added, China will want to safeguard its access to U.S. markets, ensuring such exports continue to help drive the Chinese economy.

“China probably wants to adjust to reduce its dependence on U.S. markets,” Wei said. “But it wants to make sure those markets don’t go right away.”

Copyright © 2025, ABC Audio. All rights reserved.

Texas House excludes trans people from state records

AUSTIN – Dozens of trans people and their allies gathered in the outdoor Capitol rotunda Friday, chanting at the top of their lungs, “They will not erase us.”

The next day, the Texas House of Representatives preliminarily passed a bill that aims to do just that.

House Bill 229 strictly defines men and women based on the reproductive organs they were born with, and orders state records to reflect this binary. The bill, titled the “Women’s Bill of Rights,” lays out the “biological truth for anybody who is confused,” said author Rep. Ellen Troxclair, an Austin Republican.

The bill passed on second reading 86-36 after an at times tense debate, and is expected to be finally approved next week before going to the Senate, which has already passed several bills with a similar focus.

Surrounded by a cadre of Republican women, Troxclair said the goal of the bill was to ensure women’s rights aren’t “eroded by activists” as more people come out as trans and nonbinary. Democrats argued against the bill for almost three hours with Rep. Jessica González, D-Dallas, saying “it is harmful, it is dangerous, and it is really freaking insulting.”

If this bill becomes law, more than 120,000 trans Texans would be forced to be defined in state records by the sex they were assigned at birth, rather than the gender they identify as, even if they’ve already legally changed their birth certificates and driver’s licenses.

Saturday’s debate rehashed a deep fracture over sex and gender that has animated the Texas Legislature, and much of the country, for the last five sessions. In previous years, legislators focused on tangible questions of bathroom access, youth sports and gender-affirming care for minors.

This year, the proposals that have gained the most traction reflect a more fundamental question: what is a woman?

For conservative lawmakers, the answer is simple, and best defined by reproductive organs. For trans people and their allies, the answer is simple, and best left to an individual’s assertion of their gender identity.

Only one of those groups controls the Texas Capitol.

“We’re a state that believes in truth, and we’re a state that honors the hard-won achievements of women, the women who fought for the right to vote, to compete in sports and to be safe in public spaces, to be treated equally under the law,” Troxclair said on the floor. “But if we can no longer define what a woman is, we cannot defend what women have won. We cannot protect what we cannot define.”

In the bill, a woman is defined as “an individual whose biological reproductive system is developed to produce ova,” and a man is “an individual whose biological reproductive system is developed to fertilize the ova of a female.” Democrats criticized this as overly simplistic, excluding trans people, but also intersex people and those who can’t conceive children.

“Any biologist knows there are variations in sex chromosomes, hormone levels and other traits 
 where an individual’s biological characteristics don’t align with typical male or female categorization,” said Rep. Jon Rosenthal, a Democrat from Houston. “The real question is, do you believe that all people have the basic rights of life, liberty and the pursuit of their own personal happiness?”

This bill aligns with an executive order from Gov. Greg Abbott, who declared in January that Texas only recognizes two sexes, male and female, and a non-binding legal opinion from Attorney General Ken Paxton, who said state agencies should not honor court opinions to change someone’s sex listed on official documents.

At the Capitol rally on Friday, Lambda Legal senior attorney Shelly Skeen said revoking these changed documents, and preventing people from changing them in the future, “affects every aspect of our daily lives.” Having a birth certificate or drivers’ license that reflects a different sex than their physical presentation, or that doesn’t align with their passport or other documents, could leave trans people in a legal limbo and potentially open them up to violence, she said.

It could impact the state facilities, like prisons, they are sorted into, the bathrooms and locker rooms they are supposed to use and the discrimination protections they are entitled to, Skeen said. Unlike other bills, like the so-called “bathroom bill,” this legislation does not have civil or criminal penalties for using a facility that doesn’t align with one’s sex.

Troxclair did accept one amendment, by El Paso Democrat Rep. Mary GonzĂĄlez, to clarify how intersex people, who are born with both sets of reproductive organs, fit into these definitions.

The chamber also preliminarily approved Senate Bill 1257, which would require health insurers that cover gender-affirming care also cover any adverse consequences and costs of detransitioning. The bill, authored by Sen. Bryan Hughes and sponsored by Rep. Jeff Leach, passed 82-37.

Leach said he brought this bill on behalf of people who were left with tens and hundreds of thousands of dollars of medical bills because their health insurance wouldn’t cover the costs of detransitioning.

“The illustration that I think best describes this is, if you take somebody to the dance and they want to go home, then you have to take them home,” Leach said during the debate on Saturday.

The bill says that any insurance company that covers gender-affirming care must cover all detransition-related costs for its members, even if that person wasn’t on the health insurance plan at the time they transitioned. Democrats filed more than half a dozen amendments to narrow the scope of the bill, critiquing the bill as a health insurance mandate. None of the amendments passed.

Last session, Texas lawmakers outlawed gender-affirming care for minors. Trans advocates worry that raising the cost of covering gender-affirming care will result in health insurers not covering the treatments for adults, either.

“If you can make it painful enough for providers and insurers, health care is gone,” said Emmett Schelling, the executive director of the Transgender Education Network of Texas. “It doesn’t just feed into gender-affirming care. It bleeds into health care that we all need, that we all deserve.”

Speaking on the floor Saturday, Rep. Ann Johnson, a Houston Democrat, said the Legislature was telling insurance companies not to cover gender-affirming care.

“The reality is this bill, however you couch it, is about eliminating the existence of trans individuals in Texas,” Johnson said. “Stop pretending that you’re for freedom. Stop pretending that this is about the kids.”

Article originally published by The Texas Tribune. To read the original article, click here

CHRISTUS Flight for Life to land at Bullard High School

CHRISTUS Flight for Life to land at Bullard High SchoolBULLARD – According to a press release from Bullard ISD, on Tuesday, May 13, Bullard High School is hosting a scheduled CHRISTUS EMS and Flight For Life school visit for its Health Sciences students. These students will spend the day rotating through the vehicles during class to get hands-on experience. The visit will include the helicopter, ambulance, and a training trailer. The helicopter is expected to land in the Band parking lot behind the school between 7:30 a.m. and 8 a.m.

Christus says, please do not be alarmed if you see or hear the helicopter in the area.

Texas abortion pill bill can’t be challenged in state courts

AUSTIN – In 2021, when Texas passed an abortion ban enforced through private lawsuits, U.S. Supreme Court Justice Elena Kagan sarcastically derided the architects of the law as “some geniuses” who’d found the “chink in the armor” to sidestep Roe v. Wade.

Four years later, those same folks are back with a new play to restrict the flow of abortion-inducing drugs into the state and a fresh set of never-before-seen legal tools that experts say would undermine the balance of power in the state.

Senate Bill 2880, which passed the Senate last week, allows anyone who manufactures, distributes, mails, prescribes or provides an abortion-inducing drug to be sued for up to $100,000. It expands the wrongful death statute to encourage family members, especially men who believe their partner had an abortion, to sue up to six years after the event, and empowers the Texas Attorney General to bring lawsuits on behalf of “unborn children of residents of this state.”

The bill has been referred to a House committee, where a companion bill faced significant pushback earlier this month.

That the Texas Senate passed a bill to crack down on abortion pills isn’t surprising. But the protections written into this bill, which says the law cannot be challenged as unconstitutional in state court, could have ripple effects far beyond the question of abortion access.

“This is absolutely unprecedented, what they’re trying to do here,” Joanna Grossman, a law professor at Southern Methodist University Dedman School of Law, said. “I haven’t reviewed every law in Texas, but I think it’s safe to say this has never been tried.”

The bill as approved by the Senate contains many provisions that legal experts say might spark a lawsuit challenging it on constitutional grounds. But the bill also says it cannot be challenged in state court, an “outlandish, shocking” proposition, said Dallas attorney Charles Siegel.

“I’ve never seen anything like that in any statute of any kind, anywhere,” said Siegel, a partner at Waters, Kraus, Paul and Siegel. “It’s just crazy.”

The bill says no state judge has jurisdiction to rule on its constitutionality, and if they were to do it anyway, they can be personally sued for $100,000. The judge would waive their usual protections of governmental immunity and could not call on the Office of the Attorney General to defend them in court.

Sen. Bryan Hughes, a Republican from Mineola and author of the bill, said the law could still be challenged in federal court, but removing the state judiciary’s oversight of this law is within the Legislature’s purview.

“We make the rules,” he said on the floor of the Senate. “We set the jurisdiction.”

Sen. Nathan Johnson, a Dallas Democrat, called it a “flagrant, brazen transgression of the principle of separation of powers on which this country and state was founded.”

“It just seems to me that we’re holding the judicial branch of government in contempt if we’re going to tell them they can’t review our work,” Johnson said to Hughes. “And I’m surprised you’re not equally troubled by this.”

Legal experts said it’s baffling to argue the Legislature could pass a law that is unconstitutional and then prevent the courts from declaring it so. If that were an option, lawmakers would inevitably write that clause into every bill and do whatever they wanted without the checks and balances inherent to our system.

“Could the Legislature now pass a law saying every time you vote for a Republican, it counts twice, and if you vote for a Democratic candidate, it counts once, and then put in these provisions that make it impossible to challenge?” Siegel said.

Siegel said it’s possible a judge who feels this law is unconstitutional would hear that case, even if it meant getting sued, and he said many firms, including his, would likely stand up to defend them in deference to the rule of law.

“But then some other judge hears the lawsuit against the first judge?” he asked. “It’s just impossible to imagine. We’ve never had a system of law under which people get to sue judges for money over their rulings.”

The bill also proposes financially disincentivizing anyone from challenging the law in court, including an unusual provision to hold lawyers who bring these challenges liable for costs and fees, rather than the client.

While the abortion aspects of this bill are what gets the most attention, Siegel said it’s the changes to long-accepted civil procedure that’s most alarming to him.

“It’s just frightening as hell that anybody, any elected representative, would put these provisions in any kind of bill and that they would pass one of our chambers,” he said. “Any first year law student would recoil at this and think, ‘they can’t do that.’”

Under this bill, someone who “manufactures, distributes, mails, prescribes or provides” abortion-inducing drugs can be sued for $100,000. There is an exception for medications that are used for medically necessary abortions, and exempts the person who has the abortion from being sued.

Hughes did not respond to a request for comment. But speaking to the Senate, he said the bill targets pharmaceutical companies that aren’t doing enough to ensure their products aren’t being sent into states that have banned abortion. The bill allows for a lawsuit even if the abortion pills are not identified as the “actual or proximate cause of death,” and says a company that manufactures abortion pills can be held liable, whether or not it’s determined that their medication was used in the abortion.

But by expanding the private lawsuit mechanism and the wrongful death statute, legal experts say the bill is more likely to be used against individuals than corporations. Even without the promise of a $100,000 payout, there have already been wrongful death lawsuits filed against women who helped a friend get an abortion, and a legal challenge against a New York doctor who allegedly ships medications into Texas.

Sen. Sarah Eckhardt, an Austin Democrat, condemned the bill to the Senate as a “bounty hunter bonanza.” John Seago, the president of Texas Right to Life, tweeted that that “sounds like a good time. Sign me up!”

Seago’s group has spoken publicly about their plans to recruit plaintiffs, especially men whose partners had abortions without their knowledge. The bill says a lawsuit can be brought by the “biological father of an unborn child” even if the mother doesn’t want to bring the suit or she consented to the abortion. There is an exception if the pregnancy was conceived through sexual assault, although it does not specify how that would work in practice.

Building on the protections for plaintiffs built into the 2021 abortion ban, SB 2880 ensures someone who brings a lawsuit under this bill would have extensive opportunities to recover their attorneys fees and costs. It also makes it harder to transfer where the case is being heard.

The bill also makes it harder for someone who sues under this provision to be countersued. Some blue state “shield laws” for abortion providers specifically allow someone who is sued by another state to counterclaim for multiple times the cost of the suit they’re facing. But under this bill, filing a countersuit could make them liable for another $100,000.

“It feels like children squabbling,” said Liz Sepper, a law professor at the University of Texas at Austin. “I sue you to infinity, you sue me to infinity plus one.”

By adding all of these new tools and legal mechanisms, the bill hopes to stem the tide of abortion pills that has flowed, largely unchecked, into Texas since the state banned abortion.

Whether it will work is another question.

“If they could have built a wall around the state in some way that would have stopped abortion pills, they would have done it,” Grossman said.

These pills come from out-of-state providers, international pharmacies and mysterious internet sources. They’re carried over the U.S.-Mexico border, mailed in innocuous packages and quietly distributed through in-person whisper networks.

Texas’ ability to stop each of those avenues depends on unresolved legal questions of when a state can exert its laws beyond its borders. Blue states have passed shield laws that purport to protect doctors who provide medications to people in states where the procedure is banned, and we’re only slowly starting to see the first challenges to those statutes.

This bill would amp up Texas’ power to enforce its laws on out-of-state providers, manufacturers and people who help move these pills into the state, but there’s only so much lawmakers can do without buy-in from other states.

“They’re asserting as much jurisdiction, as much extraterritorial application of their laws as they can get away with,” said University of Texas at Austin law professor Theodore Rave. “Whether other states will recognize that, I don’t think there’s any guarantee that they will. I think a lot of states wouldn’t.”

But whether or not this bill ends up passing into law, let alone being honored by other states, it sets out a whole new set of tools to tackle abortion pills — and a whole new set of unresolved legal questions.

“Texas has always been a place where anti-abortion strategies that are exported nationwide begin,” said Mary Ziegler, a law professor and legal historian at the University of California Davis School of Law. “Even if this is the first we’ve seen of these strategies, it will not be the last. We can be virtually sure about that.”

Article originally published by The Texas Tribune. To read the originally published article, click here.

Officials search for a man wanted for burglary

Officials search for a man wanted for burglarySMITH COUNTY – The Smith County Sheriff’s Office is searching for a man in connection with two burglaries, according to our news partner, KETK.

The sheriff’s office said Wayne Nathaniel “Nate” Hooser is wanted for burglary of habitation and burglary of a building in Lakeway Harbor. Hooser was previously arrested for burglary of a building, failure to ID, being a fugitive from justice, and criminal trespass.

Those who have information regarding Hooser’s whereabouts can contact Detective Justin Eakin by phone at 903-590-2969 or email at JEakin@smith@smith-county.com. The Smith County Sheriff’s Office is also available at 903-566-6600.

Stocks soar as US and China agree to slash tariffs

Matteo Colombo/Getty Images

(NEW YORK) -- U.S. stocks soared on Monday, just hours after the U.S. and China announced an agreement to slash tariffs for 90 days as the world’s two largest economies negotiate a wider trade deal.

The Dow Jones Industrial Average climbed 1,050 points, or 2.5%, while the S&P 500 jumped 3%. The tech-heavy Nasdaq increased 4%.

Facebook parent Meta, Amazon, and Starbucks each climbed more than 7%. Tesla, the electric carmaker led by White House advisor Elon Musk, jumped more than 6%.

Best Buy, the electronics retailer that previously warned of tariff-induced price hikes, saw shares surge more than 5%.

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%.

The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

The move marks the latest rollback of far-reaching tariffs initiated by President Trump during a Rose Garden ceremony on April 2 that the president dubbed "Liberation Day."

Days after the announcement, Trump suspended so-called "reciprocal tariffs" on dozens of countries.

"Increasingly, it’s as if the last 6 weeks have been a bad dream and never actually happened," Deutsche Bank told clients on Monday in a memo shared with ABC News.

The U.S.-China accord came two days after an hours-long discussion between U.S. and Chinese officials in Geneva, Switzerland on Saturday.

Jonathan Pingle, chief U.S. economist at Swiss investment bank UBS, on Monday estimated the reduction in U.S. levies on China would bring average U.S. tariffs down from 24% to 14%.

In a statement to ABC News, Pingle described the agreement between the U.S. and China as a "cooling off."

The U.S. continues to impose an array of levies issued since Trump took office. An across-the-board 10% tariff applies to imports from nearly all countries. Additional tariffs have hit autos, steel and aluminum. Duties remain for some goods from Mexico and Canada.

Even after the Trump administration eased tariffs on Chinese goods, a 30% levy stands well above where tariffs began at the outset of Trump's term, Carol Schleif, chief market strategist at BMO Private Wealth, told ABC News in a statement.

"Base level tariffs are still substantially higher than where they started, with some level of damage likely to work its way into the economic data in the months to come," Schleif said.

Still, Schleif added, the U.S.-China agreement on Monday is "exactly what the stock market was hoping to see."

Copyright © 2025, ABC Audio. All rights reserved.

Trump to embark on Middle East trip to strengthen ties with Gulf states

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(WASHINGTON) -- President Donald Trump on Monday will embark on a four-day tour of the Middle East, stopping in Saudi Arabia, Qatar and the United Arab Emirates on a trip underscoring the deepening economic ties between the United States and the Gulf kingdoms.

Traveling to a region facing ongoing diplomatic, political and security challenges -- including Iran's nuclear program, the humanitarian crisis in Gaza and war between Israel and Hamas, and the fate of Syria following a brutal 14-year civil war -- Trump is expected to focus on business development and trade agreements on his trip, following commitments from Saudi Arabia and the United Arab Emirates to invest hundreds of billions of dollars in the United States and on joint investments over the next several years.

On Friday, White House press secretary Karoline Leavitt said Trump's trip will "focus on strengthening ties" between the U.S. and the Gulf nations.

"President Trump will return to reemphasize his continued vision for a proud, prosperous and successful Middle East where the United States and Middle Eastern nations are in cooperative relationship and where extremism is defeated in place of commerce and cultural exchanges," she said.

Saudi Crown Prince Mohammed bin Salman pledged to invest $600 billion in the United States over four years after Trump's November victory, and the United Arab Emirates have also committed to a $1.4 trillion U.S. investment package over the next decade. Business and technology leaders will be convening in Riyadh around Trump's trip for a Saudi-U.S. investment forum.

ABC News has also reported that the Trump administration is preparing to accept a luxury Boeing jumbo jet from the Qatari royal family for use as a presidential aircraft before being transferred to the Trump presidential library foundation after his term ends.

White House press secretary Karoline Leavitt responded to ABC News' reporting, saying in a statement that "any gift given by a foreign government is always accepted in full compliance with all applicable laws."

The president's family has also traveled to the region and has expanded its business interests in the Middle East: The Trump Organization has partnered with developers on new projects in Saudi Arabia, Doha and the United Arab Emirates, and is involved in a cryptocurrency venture connected to a fund with ties to the Emirati government.

Leavitt on Friday dismissed questions about the president's family's business dealings in the region ahead of his trip and said Trump "has actually lost money for being president of the United States."

"The president acts with only the interests of the American public in mind, putting our country first and doing what's best for our country -- full stop," she said.

"It's frankly ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit. He left a life of luxury and a life of running a very successful real estate empire for public service," she later added.

Trump also began his first term in office with a visit to Saudi Arabia, in a break with his predecessors who had visited traditional U.S. allies and major trade partners on their first official foreign trips.

That trip to Saudi Arabia -- which also included stops in Israel and later in Europe -- focused on encouraging local partners to redouble efforts to fight "extremism" and terrorist groups, and work to marginalize Iran.

Since then, Saudi Arabia and other Gulf states have improved relations with Iran, and are now supportive of the Trump administration's diplomatic efforts to address Iran's nuclear program.

"Both the Saudis and the Emiratis have decided that their priority is economic investment and getting away from energy, and that war with Iran is like a big danger to all of that. So they've completely shifted on Iran," Ilan Goldenberg, a Middle East specialist who worked in the Obama and Biden administrations, told ABC News.

The ongoing war between Israel and Hamas and the humanitarian crisis in Gaza also looms over Trump's trip, given Israel's plans to expand military operations in Gaza.

In Riyadh, Trump is expected to join a Gulf Cooperation Council meeting before he travels to Qatar.

While the president has aimed to ink a regional diplomatic agreement expanding on the Abraham Accords of his first term, the war in Gaza has effectively frozen efforts to normalize diplomatic relations between Israel and Saudi Arabia and other Arab countries, experts told ABC News.

"From the Saudi perspective, it makes it harder" to improve diplomatic relations with Israel, Zineb Riboua, a fellow with Hudson Institute's Center for Peace and Security in the Middle East. "Because of what has happened and what is currently happening [in Gaza], they are struggling."

Trump could hear from Arab leaders about the humanitarian situation in Gaza, given the U.S.'s ongoing military support for Israel, and Israeli plans to expand its campaign in Gaza to root out Hamas.

In February, Trump proposed that the U.S. "take over" Gaza and help rebuild it, a plan that was rejected by Arab leaders, who put forward their own counterproposal that the U.S. and Israel have opposed.

There have also been disputes between the U.S., Israel and Arab nations over how to administer humanitarian aid blockaded by Israel to Palestinians in Gaza.

Though the trip is Trump's first planned foreign trip, he traveled to Rome and the Vatican in April to attend the funeral of Pope Francis.

On the sidelines of that trip, Trump met with Ukrainian President Volodymyr Zelenskyy as the two countries worked to cement a minerals deal.

Saudi Arabia has hosted bilateral peace negotiations between Russia and Ukraine, underscoring the kingdom's growing political influence, in addition to its economic and commercial importance in the region.

Trump "sees the Gulf as they see themselves, as a real fulcrum of global power," Jon Alterman, the Middle East Program Chair at Center for Strategic and International Studies, told ABC News.

"A lot of people in the world think the Gulf is an outlier. A bunch of small, wealthy states that rely on the United States for security, protection. The Gulf sees itself differently, and the president is suggesting he sees the Gulf differently," Alterman said.

Trump could receive a lavish welcome from the Gulf monarchs in the region, similar to the royal treatment he received when he visited Saudi Arabia in 2017.

The Saudis rolled out the red carpet for his arrival, greeting him at the airport with a military jet flyover and later awarding him a gold medal -- the nation's top civilian honor -- and treating him to a traditional sword dance.

Trump's trip also comes on the heels of Hamas announcing that they will be releasing Israeli soldier Edan Alexander, a dual US citizen, which will be part of steps taken to achieve a ceasefire. Hamas said that they have been in contact with American officials over the last few days over the efforts to try and achieve a ceasefire deal.

President Donald Trump posted on his social media platform, Truth Social, Sunday evening, confirming that Alexander will be released from Hamas. Trump did not specify when Alexander was expected to be released, but said, "This is the first of those final steps necessary to end this brutal conflict.

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Amber Heard announces birth of twins: ‘I am elated beyond words’

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Amber Heard is officially a mom of three.

In a heartfelt Mother's Day post shared on Instagram on Sunday, the Aquaman actress announced the birth of her twins -- daughter Agnes and son Ocean.

"Mother's Day 2025 will be one I'll never forget," Heard wrote alongside a sweet photo of her newborns' feet resting on a baby mattress.

"This year I am elated beyond words to celebrate the completion of the family I've strived to build for years," she continued. "Today I officially share the news that I welcomed twins into the Heard gang. My daughter Agnes and my son Ocean are keeping my hands (and my heart) full."

"When I had my first baby girl Oonagh four years ago, my world changed forever. I thought I couldn't possibly burst with more joy. Well, now I am bursting times three!!!"

Heard went to reflect on the deeply personal and empowering journey to motherhood.

"Becoming a mother by myself and on my own terms despite my own fertility challenges has been the most humbling experience of my life," she wrote. "I am eternally grateful that I was able to choose this responsibly and thoughtfully. To all the moms, wherever you are today and however you got here, my dream family and I are celebrating with you. Love always, A x."

In addition to the twins, Heard is already a mom to daughter, Oonagh, whom she welcomed in 2021. Heard has not publicly identified the father of Oonagh, whom Heard claims she brought into the world on her "own terms," alluding to surrogacy, in a post on Instagram.

Heard was previously married to actor Johnny Depp from 2015 to 2016, finalizing their divorce in 2017. She later dated Elon Musk before they went separate ways in 2018.

In 2022, Heard and Depp were involved in a widely publicized defamation trial.

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American-Israeli hostage Edan Alexander freed from Hamas captivity, in IDF custody

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(LONDON) -- American-Israeli hostage Edan Alexander, who had been held captive by Hamas in Gaza since Oct. 7, 2023, was released on Monday after successful negotiations between the U.S. and the terrorist organization, the Israel Defense Forces said.

The International Committee of the Red Cross transferred Alexander from Gaza to Israeli authorities, the organization said.

Alexander is "on his feet," and he's talking, Dr. Hagar Mizrahi, head of the General Medical Division of the Israeli Ministry of Health, said during a press conference from Ichilov Hospital after Edan was transferred to the hospital from Reim Military Base.

An Israeli official told ABC News, Alexander, 21, got to speak to his mother, Yael, by phone for the first time when he was in the IDF convoy.

"You are strong, you are protected, you are home," Yael told him over the phone, according to a video released by the Israeli prime minister's office. "We will meet soon. Love you."

Alexander was first taken to Re'im Military Base in Israel for a medical assessment and to be reunited with his family, the IDF said, and then was taken to Ichilov Hospital in Tel Aviv.

When Alexander hugged his little brother, he exclaimed, "You're huge! My gosh!"

Alexander, a New Jersey native, moved to Israel at the age of 18. He was serving in the IDF when captured from his base close to the Gaza frontier during Hamas' Oct. 7 attack. He was 19 when abducted and has had two birthdays while in captivity.

Alexander was the last living American citizen still believed to be held hostage by Hamas. The terror group is believed to also be holding the bodies of four dead American hostages, according to U.S. officials.

Alexander's supporters have gathered in Tel Aviv and in Tenafly, New Jersey, to celebrate his release.

Israeli Prime Minister Benjamin Netanyahu in a video message called Alexander's release "a very moving moment."

Netanyahu thanked President Donald Trump, crediting Alexander's release to Israel's "military pressure and the political pressure exerted by President Trump."

Netanyahu said Trump told him on Monday, "I am committed to Israel. I am committed to continuing to work with you in close cooperation -- to achieve all of our war goals: to release all the hostages, and to defeat Hamas."

Trump, who's hosted Alexander's parents at the White House multiples times, said Monday before his release, "They thought he was dead just a short while ago. His parents are so happy."

"He's coming home to his parents, which is really great news," Trump said.

Trump wrote on Truth Social that Alexander's release "is the first of those final steps necessary to end this brutal conflict."

New Jersey Gov. Phil Murphy also celebrated his release, saying in a statement, "With every day that Edan has been held hostage, the Alexander family has endured unimaginable pain, uncertainty, and fear. With Edan's return home, their -- and our -- prayers have finally been answered."

"We continue praying for Edan and the Alexander family," the governor said, adding, "We are also praying for the safety and well-being of every remaining hostage and innocent family in Israel, Gaza, and the entire Middle East."

United Nations Secretary-General AntĂłnio Guterres in a statement through his spokesperson welcomed Alexander's freedom and renewed "his urgent call for an immediate and permanent ceasefire."

He also said "aid is not negotiable" and called for "all parties to immediately ensure the rapid, unhindered and safe humanitarian relief" be transferred to "all civilians in need."

Hamas announced its intention to free Alexander on Sunday, describing the decision as a "part of the steps being taken to achieve a ceasefire."

The statement said Hamas had been in contact with American officials "over the past few days" as part of ceasefire negotiations.

A U.S. official familiar with the deal to release Alexander told ABC News that the agreement came together in recent days via direct talks between the U.S. and Hamas.

Alexander's release is being viewed as a goodwill gesture toward the Trump administration and a potential opening to jumpstart talks surrounding the broader conflict, U.S. officials told ABC News.

Still, officials said the U.S. did not secure all the concessions it was seeking. Negotiators had also been pushing Hamas for the release of the remains of the four dead American hostages still held in Gaza, officials said.

The Hostages and Missing Families Forum said in a statement that "Edan's release is a ray of light and hope, but also a stark reminder" of the remaining hostages still being held.

The hostage families also issued a statement addressing Netanyahu directly, urging him to "announce tonight that you are ready to negotiate a comprehensive agreement to bring home all 58 hostages and establish a framework for ending the war."

Israeli Defense Minister Israel Katz in a statement promised Israel is "committed to acting in every way until all the abductees, our brothers and sisters, both living and dead, return to their homeland."

Fifty-seven hostages remain in Gaza, including 20 who are believed to be alive.

Alexander was one of the 253 hostages taken during Hamas' Oct. 7 attack, in which some 1,200 people were also killed, according to Israel.

Israel's subsequent offensive in Gaza had killed 52,829 people and wounded 119,554 more as of Sunday, according to figures released by the Hamas-run Ministry of Health.

ABC News' Emily Shapiro, Shannon K. Kingston and Michelle Stoddart contributed to this report.

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US and China announce agreement to cut reciprocal tariffs for 90 days

Treasury Secretary Scott Bessent /Pete Marovich/Getty Images)

(GENEVA) -- The U.S. and China issued a joint statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days, with both sides "recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship."

U.S. and Chinese representatives convened for talks in Geneva, Switzerland, this weekend in a bid to establish the basis for negotiations in a broader potential trade deal. President Donald Trump's "Liberation Day" tariff measures announced in April touched off a spiralling trade war between the two economic giants, roiling markets and prompting fears of a recession in the U.S.

"We have reached an agreement on a 90-day pause and substantially move down the tariff levels," Treasury Secretary Scott Bessent said at a Monday press conference in Geneva. "Both sides, on the reciprocal tariffs, will move their tariffs down 115%," Bessent said.

U.S Trade Representative Jamieson Greer added that the U.S and China will maintain 10% reciprocal tariffs as part of the agreement.

"Today, with this agreement, we come to agreement that though that our reciprocal tariff rate will go down to 10% on the United States side," Greer said. "The Chinese on their side also go down 115% to 10% and they remove the countermeasures that they have in place."

Greer confirmed that during the pause, the effective tariff on Chinese goods entering the U.S. will be 30%. He also said that China's effective tariffs will be at 10% for the duration of the pause. The changes will come into force by Wednesday, the joint U.S.-China statement said.

"What matters for the agreement today is that we each agreed to come down on the reciprocal tariff and related retaliation to 10%," Greer said.

In a statement carried by China's official state news agency Xinhua, Beijing said that the two sides "will establish a mechanism to continue discussions about economic and trade relations" once the measures set out in Monday's agreement were in place.

"These discussions may be conducted alternately in China and the United States, or a third country upon agreement of the parties," the statement continued. "As required, the two sides may conduct working-level consultations on relevant economic and trade issues."

Monday's announcement followed two days of talks that both sides described as successful.

In a media briefing on Sunday, Chinese Vice Premier He Lifeng said trade talks with the U.S. "achieved substantial progress and reached important consensus."

Earlier Sunday, the White House said that it reached an agreement without providing any details.

While Greer called it a "deal," Bessent said only that "substantial progress" had been made.

This is a developing story. Please check back for updates.

ABC News' Lauren Minore, Hannah Demissie, Alex Ederson and Joe Simonetti contributed to this report.

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