NPR News: 05-08-2025 2AM EDT

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2025-05-08

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  • Imagine, if you will, a show from NPR that's not like NPR.

  • A show that focuses not on the important, but the stupid.

  • Which features stories about people smuggling animals in their pants,

  • incompetent criminals, and ridiculous science studies.

  • And call it Wait, Wait, Don't Tell Me because the good names were taken.

  • Listen to NPR's Wait, Wait, Don't Tell Me.

  • Yes, that is what it is called.

  • Wherever you get your podcasts.

  • Live from NPR News in Washington, I'm Shea Stephens.

  • President Trump says he'll announce a trade deal on Thursday morning.

  • In an announcement on his platform, Truth Social,

  • Trump did not say which country is involved in the deal.

  • But it would be the first agreement since the president imposed tariffs on global imports.

  • Representatives from the U.S.

  • and China, meanwhile, are set to hold trade talks this weekend in Switzerland.

  • The Federal Reserve Board's decision to leave its benchmark interest rate unchanged sent stocks higher on Wall Street.

  • As NPR's Scott Horsley reports,

  • the central bank is taking a wait-and-see approach to President Trump's trade war.

  • The Federal Reserve says the worldwide tariffs President Trump ordered last month raise the risk of higher inflation.

  • higher unemployment, or in the worst case scenario, both.