Mon. 05/12: Trade war gets a smoke break; Afrikaners get the VIP lane; YouTube gets duped by fake Shrek, & More News!

The U.S. and China sign a trade truce with an expiration date. Trump suddenly loves pharma price caps—as long as he gets credit. Bill Gates hits the gas on giving it all away. White South Africans get the refugee fast lane while TPS holders get ghosted. And YouTube? Just figured out Shrek 5 was fake. Classic.

• Surprise U.S.-China Trade Deal Gives Global Economy Reprieve - WSJ
• Trump drug price order puts new pressure on pharma
• Bill Gates to Close Foundation in 2045, Decades Earlier Than Planned - Business Insider
• First Afrikaners arrive in U.S. under radically redrawn refugee program : NPR
• YouTube Suspends Ad Sals On More Fake Movie Trailer Channels