Loading summary
Capital One Ad
This message comes from Capital One with the Capital One Saver card. Earn unlimited 3% cash back on dining and entertainment. Capital One, what's in your wallet? Terms apply.
Kristen Wright
Details@capitalone.com Live from NPR News in Washington, I'm Kristen Wright. Camp mystic in Kerr County, Texas, says it's grieving the loss of 27 campers and counselors in catastrophic flash flooding. The Christian summer camp released a statement this morning asking for prayers and expressing gratitud for the support it's received. At least 82 people were killed across the state. Texas Congressman Joaquin Castro's district is still recovering from deadly flash flooding last month in San Antonio, he told NPR's Morning Edition the immediate focus after Friday's disaster is the search effort and then asking tough questions.
Joaquin Castro
Right now we still have a rescue effort going on and finding the rest of those people alive hopefully is a priority. But after that, in the months to come, I think we owe it to everybody to make sure that there's a thorough investigation of what went wrong.
Kristen Wright
President Trump has signed a disaster declaration to send more resources to Kerr County. NPR's Deepa Shivaram says he may visit the flood zone later this week.
Deepa Shivaram
Trump told reporters that he wanted to, quote, leave a little time so that he wouldn't be in the way of recovery efforts from the flooding, which he called, quote, absolutely horrible. Trump's Secretary of Homeland Security, Kristi Noem, has already been on the ground. Rains on July 4th caused severe flash flooding in Central Texas despite flood warnings from the National Weather Service. The severity of the storm was a surprise for many. When asked if the administration was investigating whether recent cuts in the federal government workforce left key vacancies open at the National Weather Service, Trump said, quote, they didn't. Deepa Shivaram, NPR News.
Kristen Wright
President Trump and Israeli Prime Minister Benjamin Netanyahu will meet today at the White House. Trump is pushing for a ceasefire between Israel and Hamas. The ceasefire proposal calls for a 60 day pause in the fighting and the release of some hostages held by Hamas. Israel would release Palestinian prisoners. Israel sent a negotiating team to Qatar on Sunday for peace talks. Stocks opened lower this morning as investors brace for several more weeks of tariff uncertainty. NPR's Scott Horsley reports. The Dow fell about 90 points in early trading.
Scott Horsley
This is the week the Trump administration had threatened to impose higher tariffs on goods from countries that failed to strike new trade agreements with the US but it now appears those higher import taxes won't take effect until at least August 1st. That means US importers have at least three more weeks in Limbo not knowing what kind of bill they might face when bringing foreign products into the country. OPEC and its allies announced plans over the weekend to boost production by more than half a million barrels a day next month. That could put more downward pressure on oil prices. AAA says retail gasoline prices in the US have been falling to an average of $3.14 a gallon. That's about 4 cents lower than a week ago, but a penny more than this time last month. Scott Horsley, NPR News, Washington.
Kristen Wright
This is npr. One beneficiary of the tax and spending bill signed into law by President Trump on the Fourth of July is a type of coal used to make steel. From member station wesa, Reed Fraser reports companies that mine metallurgical coal are in line to receive a 2.5% tax credit.
Reid Frazier
The massive bill classifies metallurgical coal as a critical mineral and thus eligible for a tax credit that had gone mainly to materials used in clean energy. Metallurgical, or met coal is used to make steel in a blast furnace and is a big greenhouse gas polluter. Hilary Lewis, an analyst with the environmental nonprofit Industrious Labs, says the bill will have more of an economic impact overseas, since most met coal produced in the US Is exported.
Hilary Lewis
So it's going to make iron and steel produced outside of the US Cheaper.
Reid Frazier
The top destinations for US Met coal are India, Brazil and Japan. For NPR News, I'm Reid Frazier in Pittsburgh.
Kristen Wright
The running of the bulls is underway in Pamplona, Spain. A stampede of bulls opened the festival today, pounding along cobblestone streets with thousands of runners. Spectators who prefer to be on the sidelines are watching from behind street barricades and up high on balconies. Animal rights activists are marching through the city wearing horns and waving protest signs. Spanish media reports a few injuries so far. Suriname's parliament elected its first female president. Jennifer Geerling simons is a 71 year old doctor who says she'll focus on stabilizing the economy. This is NPR News support for npr.
Capital One Ad
Listen to this podcast sponsor free on Amazon Music with a Prime membership or any podcast app by subscribing to NPR news now@plus.NPR.org that's plus NPR.org.
NPR News Now: July 7, 2025, 10 AM EDT – Detailed Summary
Live from Washington, this episode of NPR News Now covers a range of urgent and impactful news stories from Texas natural disasters to international political developments.
Timestamp: [00:11]
Tragedy struck Kerr County, Texas, as Camp Mystic mourns the loss of 27 campers and counselors due to catastrophic flash flooding. The disaster has claimed at least 82 lives across the state, leaving communities grappling with immense grief and devastation. In a heartfelt statement, the Christian summer camp appealed for prayers and expressed gratitude for the overwhelming support received from around the nation.
Representative Joaquin Castro on Recovery Efforts
Timestamp: [00:51]
Texas Congressman Joaquin Castro highlighted the critical priorities in the aftermath of the flood. “Right now we still have a rescue effort going on and finding the rest of those people alive hopefully is a priority. But after that, in the months to come, I think we owe it to everybody to make sure that there's a thorough investigation of what went wrong,” Castro emphasized, underscoring the need for both immediate rescue operations and long-term accountability.
Timestamp: [01:08]
In response to the tragedy, President Donald Trump has signed a disaster declaration aimed at mobilizing additional resources for Kerr County. NPR's Deepa Shivaram reports that Trump may visit the flood zone later in the week to assess the situation firsthand.
President Trump's Commitment to Recovery
Timestamp: [01:18]
Trump addressed the media, stating his intention to “leave a little time so that he wouldn't be in the way of recovery efforts from the flooding,” which he described as “absolutely horrible.” Meanwhile, Secretary of Homeland Security Kristi Noem has already deployed to the affected areas to oversee the emergency response.
Investigating Federal Readiness
Despite severe warnings from the National Weather Service, the unprecedented rains on July 4th led to unexpected flash flooding. When questioned about potential gaps in the National Weather Service due to recent federal workforce cuts, Trump firmly responded, “they didn't,” dismissing concerns about staffing deficiencies.
Timestamp: [01:54]
President Trump is set to meet with Israeli Prime Minister Benjamin Netanyahu at the White House to discuss a potential ceasefire between Israel and Hamas. The proposed ceasefire entails a 60-day pause in hostilities, the release of certain hostages held by Hamas, and the release of Palestinian prisoners by Israel. In a significant diplomatic move, Israel dispatched a negotiating team to Qatar on Sunday to facilitate peace talks.
Timestamp: [02:29]
U.S. stock markets opened lower this morning as investors remain anxious over ongoing tariff uncertainties. The Dow Jones Industrial Average dipped by approximately 90 points in early trading.
Impact of Potential Tariff Increases
Scott Horsley explains, “This is the week the Trump administration had threatened to impose higher tariffs on goods from countries that failed to strike new trade agreements with the US but it now appears those higher import taxes won't take effect until at least August 1st. That means US importers have at least three more weeks in Limbo not knowing what kind of bill they might face when bringing foreign products into the country.” This delay prolongs uncertainty for businesses and markets alike.
Timestamp: [02:29]
In energy news, OPEC and its allies have announced plans to increase oil production by over half a million barrels per day starting next month. This decision is expected to exert further downward pressure on oil prices.
Gasoline Prices Trends
The American Automobile Association (AAA) reports that retail gasoline prices in the U.S. have decreased to an average of $3.14 per gallon. While this marks a slight decline of about 4 cents from the previous week, prices remain marginally higher—by one penny—compared to the same time last month.
Timestamp: [03:11]
A significant provision in the tax and spending bill signed into law by President Trump on July Fourth provides a 2.5% tax credit to companies mining metallurgical coal, a type essential for steel production.
Economic and Environmental Implications
Reid Frazier from WESA explains that the bill categorizes metallurgical coal as a critical mineral, thereby making it eligible for tax credits typically reserved for clean energy materials. However, Hilary Lewis, an analyst with the environmental nonprofit Industrious Labs, points out, “So it's going to make iron and steel produced outside of the US Cheaper,” highlighting potential economic impacts overseas. She further notes that most U.S.-produced met coal is exported, with primary destinations including India, Brazil, and Japan.
Timestamp: [04:14]
Running of the Bulls in Pamplona
The traditional Running of the Bulls has commenced in Pamplona, Spain. The event saw a dramatic start as a stampede of bulls charged through the cobblestone streets, eagerly pursued by thousands of runners. While many spectators watch from the safety of street barricades and balconies, animal rights activists have also taken to the streets, protesting with horns and signage. Spanish media has reported a few injuries related to the event.
Historic Election in Suriname
In political news, Suriname has elected its first female president, Dr. Jennifer Geerling Simons, a 71-year-old medical professional. President Simons has expressed her commitment to stabilizing the nation’s economy, marking a significant milestone in Suriname’s political landscape.
This comprehensive overview encapsulates the key developments reported in the July 7, 2025, episode of NPR News Now. For more detailed coverage, listeners are encouraged to tune into the full episode.