Tariff roll-back starts, Menendez brothers resentenced, grocery staple gets cheaper & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 14 May 2025
⏱️ 6 minutes
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| 0:31.4 | Hello from CNN. I'm Joe Beck, with the five things you need to know for Wednesday, May 14th. |
| 0:38.0 | The huge 90-day rollback on tariffs between the US and China is now in place. |
| 0:43.8 | Both countries agreed to lower duties on the others' goods by 115 percentage points, |
| 0:49.1 | following marathon talks in Geneva over the weekend. |
| 0:52.2 | But the tariffs that remain are still poised to derail |
| 0:55.4 | the shopping habits of millions of Americans. I asked CNN's Christy Lou Stout why that is. |
| 1:00.7 | Joe, starting Wednesday for the next three months, the U.S. will lower tariffs on some Chinese |
| 1:05.9 | goods from 145% to 30%, and China will lower tariffs on U.S. goods from 125% to 10%. |
| 1:13.6 | Now, U.S. tariff rates on small packages from China, known as de minimis, will also be cut to as low as 30%. |
| 1:20.6 | Look, it's a sharp drop, but it is still crippling for many businesses and consumers. |
| 1:26.6 | Experts say Americans can expect longer wait times and higher prices. |
| 1:31.3 | President Donald Trump has met with Syria's leader Ahmed al-Shara in Saudi Arabia |
| 1:37.3 | after he announced plans for the U.S. to lift punishing sanctions on the country. |
| 1:42.3 | It's their time to shine. It's their time to shine. |
| 1:45.0 | We're taking them all off. |
... |
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