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NPR News Now

NPR News: 10-26-2025 8PM EDT

27 Oct 2025

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

1.313 - 15.43 Louise Schiavone

Live from NPR News in Washington, I'm Louise Schiavone. Treasury Secretary Scott Besson says the U.S. and China have reached a substantial framework for a deal on rare earth metals and tariffs. NPR's Luke Garrett reports Besson says the U.S.

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Chapter 2: What recent trade agreements have the U.S. and China reached?

15.69 - 19.395 Louise Schiavone

will not impose 100 percent tariffs on China for now.

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19.695 - 28.903 Luke Garrett

Fresh from negotiations in Kuala Lumpur, Malaysia, Secretary Besson tells ABC... The stage is set for President Trump and Chinese President Xi Jinping to finalize a trade deal.

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29.063 - 32.689 Scott Besson

We've reached a substantial framework for the two leaders.

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32.949 - 43.825 Luke Garrett

At issue are tightening Chinese restrictions on metals, materials, and magnets needed for U.S. cars, weaponry, and chips. Besson says Trump's threat of hiked levies delayed the new rare-earth licensing regime.

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43.805 - 57.108 Scott Besson

The president had given me maximum leverage when he threatened 100% tariffs if the Chinese imposed their rare earth global export controls. So I think we have averted that.

57.348 - 68.327 Luke Garrett

Besant also says he expects China to revive their buying of U.S. soybeans, but he added nothing is final until Trump and Xi meet on Thursday. Luke Garrett, NPR News, Washington.

68.746 - 77.562 Louise Schiavone

Israel has approved teams from the Red Cross and Egypt to enter Gaza to search for the bodies of hostages. NPR's Rob Schmitz reports from Tel Aviv.

77.783 - 92.83 Rob Schmitz

The Egyptian team, which specializes in search and rescue operations and in dismantling explosive devices, entered the strip accompanied by several engineering vehicles to help locate the bodies of deceased Israeli hostages. Their bodies are believed to be in areas that have been booby-trapped.

92.81 - 115.644 Rob Schmitz

For days, there have been discussions over allowing teams into Gaza to help recover the remaining 13 deceased Israeli hostages, as well as deceased Palestinians under the rubble. In a post on Truth Social, President Trump warned Hamas to return the bodies of hostages or the countries involved in the peace plan will take action. Among the bodies of hostages remaining in Gaza are two Americans.

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