Transcript
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Lakshmi Singh (0:18)
Live from NPR News. I'm Lakshmi Singh. The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point. The move this afternoon, which is widely expected, was intended to provide support for the sagging US Job market. In President Trump's last stop of his trip to Asia, he says he negotiated agreements on trade and Korean investments in the US With South Korea's leader. It comes ahead of Trump's meeting with Chinese President Xi Jinping Thursday. Local time trade will be the main point on their agenda. NPRzipashivaram has more.
Deepa Shivaram (0:53)
The US and South Korea affirmed Seoul investing 350 billion doll into the US they've been negotiating for months on the details of their trade agreement, including how the money would be distributed. All the details of the agreement are yet to be released, but 150 billion of the investment will go towards revitalizing US shipbuilding. Tariffs on South Korean goods will also be lowered from 25 to 15%. Trump met South Korea's president separately and as part of a formal dinner with heads of states of other countries. At the table was also Canada's Prime Minister Mark Carney, who Trump has been upset with recently over tariff negotiations. Deepa Shivaram, NPR News, Gyeongju, Korea.
Lakshmi Singh (1:37)
As the federal government shutdown approaches the one month mark, a lot of attention's on hundreds of thousands of federal personnel laid off or working without pay and how all of it affects the public. NPR's Joel Rose is covering the impact on air traffic controllers and fears about whether it's still safe to fly.
Joel Rose (1:54)
According to the FAA and the Department of Transportation, their top prior is keeping the system safe, but if they have to, they will limit the number of planes that are in the air in order to keep from overloading the system. So I would say, yes, it is safe to fly, but we are going to see a lot more delays and disruptions before this is over.
Lakshmi Singh (2:11)
That's NPR's Joel Rose reporting. The Pentagon says a decision not to replace departing US Troops in Romania does not constitute a withdrawal from Europe. Esme Nicholson reports about 100,000 U.S. military personnel are deployed across the continent.
Esme Nicholson (2:27)
Bucharest confirms a reduced presence of rough roughly 1,000 US troops are to remain in Romania, down from more than 1700. In a statement, Romania's defense ministry says the US decision takes into account that NATO has consolidated its presence and activity on the eastern flank and that the resizing of US Forces was expected. The Pentagon says the decision does not signal less commitment to NATO and Article 5, which stipulates members of the alliance will come to the defense of each other if attacked. But Eastern European countries are growing increasingly nervous of Russia in the wake of a recent spate of drone incursions into NATO airspace in the region. For NPR News, I'm Esme Nicholson in Berlin.
