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This message comes from the Economist introducing the Economist Insider, a new video offering with twice weekly shows featuring in depth analysis and expertise to make sense of an increasingly complex and dangerous world. More@exter.com Insider Live from NPR News in.
Ryland Barton (0:19)
Washington, I'm Ryland Barton. The Trump administration has begun mass firings of federal workers during the government shutdown. The White house says about 4,200 employees across seven agencies are receiving reduction in force, or RIF notices. As NPR's Stephen Fowler explains.
Stephen Fowler (0:35)
An OMB spokesperson not authorized to speak publicly told NPR that the process was starting and that it would be, quote, substantial, but we don't really know what that means now. NPR seen screenshots of notifications at places like the Environmental Protection Agency and the Housing and Urban Development saying there will be rifts. Some unions representing employees at agencies like the Education Department say they've also been told layoffs are coming.
Ryland Barton (1:00)
NPR's Stephen Fowler reporting. Stocks tumbled after President Trump took to social media today to say he was considering a, quote, massive increase of tariffs on Chinese goods. The S&P 500 sank 2.7% in its worst day since April. After markets closed, Trump said he'll place a 100% tax on Chinese imports by November 1st. Trump is upset at restrictions China placed on exports of its rare earth materials, which are critical to modern electronics. The Trump administration has made a second deal with a drugmaker to lower its prices for Americans. NPR's Sidney Lupkin reports. This time it's British pharmaceutical giant AstraZeneca.
Sidney Lupkin (1:39)
AstraZeneca will give lower prices to Medicaid and offer some of its prescription drugs directly to consumers at a discount. The company says those prices would be up to 80% less than its list prices. In return, AstraZeneca will get a three year exemption from certain tariffs. This is part of the Trump administration's wider initiative to bring American drug prices more in line with those PA in other developed countries. The White House's first deal was with Pfizer and was announced last month. The administration is also setting up a website called TrumpRx to help patients find drug makers selling drugs directly to patients at lower prices, bypassing health insurance. Sidney Lupkin, NPR News.
Ryland Barton (2:19)
Unease is mounting ahead of the Chicago Marathon amid the Trump administration's immigration crackdown in the city. The race on Sunday draws thousands from around the world and is a major tourism draw. Organizers sent an email to participants referring to a Know youw Rights page on the city's website. An ICE spokesperson said rumors that agents will be at the race are false. The main road on Gaza's Mediterranean coast was clogged with Palestinians hauling their belongings home as the Israel Hamas ceasefire formally took effect today. Much of Gaza City was destroyed by the Israeli military. As NPR's Greg Myhre explains, people are just starting to figure out where they're Gonna Live.
