Transcript
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Ryland Barton (0:15)
See Terms Live from NPR News in Washington, I'm Ryland Barton. President Trump says the U.S. supreme Court's ruling against his sweeping tariffs is deeply disappointing. NPR's Franco Ordonez reports on the president's first response to his biggest legal def since returning to office.
Franco Ordonez (0:33)
President Trump said he was absolutely ashamed of the justices who ruled against him in the 6 to 3 decision.
President Trump (0:39)
Foreign countries that have been ripping us off for years are ecstatic. They're so happy and they're dancing in the streets. But they won't be dancing for long, that I can assure you.
Franco Ordonez (0:51)
The ruling threatens to upend one of Trump's favorite tools for his economic agenda. And in response, he says he'll go an even stronger direction, though it may take a little longer. He says he'll sign an executive order to continue certain tariffs under different laws, including adding a 10% global tariff. But after 150 days, that would need approval from Congress, which might be difficult with an election approaching. Franco Ordonez, NPR News.
Ryland Barton (1:20)
The number of student loan borrowers considered delinquent on their payments has nearly tripled since 2019. NPR's Janaki Mehta has more on a study showing those students have seen a big hit to their credit scores.
Janaki Mehta (1:32)
The new report, which comes from the Century foundation and Protect Borrowers, says student loan delinquency has spiked to a record 25% of borrowers and those considered delinquent, meaning students who've been late on their payments have seen their credit scores go down by an average of 57 points. The report blames the Trump administration's policies for blocking borrowers from, quote, accessing the income driven repayment plans they're legally entitled to, that and the increasing cost of living in this country. In response, the Trump administration told NPR it has been, quote, reporting full inaccurate data on student loan repayment instead of extending so called flexibilities related to a pandemic that ended five years ago. Janaki Mehta, NPR News.
Ryland Barton (2:19)
U.S. stocks rose today after the Supreme Court struck down President Trump's tariffs. As NPR's Maria Aspen reports, the Dow closed up nearly half a percent.