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Dale Willman
Live from NPR News, I'm Dale Wilman. The Supreme Court Friday struck down President Trump's tariff regimen. The tariffs have been a key part of his economic policies. NPR's Nina Totenberg explains their reasoning.
John Roberts
Writing for a hefty 6 to 3 majority, Chief Justice John Roberts said that the nation's founders deliberately and explicitly placed the power to impose taxes, including tariffs, with Congress, not with the president. As the chief justice put it in his announcement from the bench this morning, having just fought a revolution motivated in large part by taxes imposed on them by the king of England without their consent, the framers wrote a constitution that gives Congress the taxing power because the members of the legislature would be more accountable.
Dale Willman
That's NPR's Nina Totenberg with that report. Trump, meanwhile, said he's absolutely ashamed of the justices, and he quickly announced that he's imposing a temporary global tariff of 10%, but his authority to add new tariffs has been drastically reduced by the ruling. The government says the US Economy's growth slowed more than expected in the fourth quarter. NPR's Scott Horsley has that reports.
Scott Horsley
The nation's gross domestic product grew at an annual pace of 1.4% in October, November and December, compared to a rate of 4.4% percent the previous quarter. Part of that downshift was caused by the six week government shutdown, much of which will be made up over time. Consumer spending and business investment continue to fuel the economy, although consumer spending grew more slowly during the holiday shopping season than it did earlier in the year. Consumer prices in December were up 2.9% from a year ago, according to the Commerce Department's inflation yardstick, which is closely watched by the Federal Reserve. Stripping out volatile food and energy prices, core inflation was 3%. Scott Horsley, NPR News, Washington.
Dale Willman
The U.S. men's ice hockey team will have a chance at gold on Sunday after winning its semifinal match on Friday. As Steve Futterman reports, the U.S. will be playing against its longtime rival, Canada.
Steve Futterman
It's the match many hockey fans have been dreaming of. The U.S. beat Slovakia 6 2, while Canada squeaked by Finland 32 in semifinal games to advance to Sunday's finale.
Matthew Tkachuk
It's just it's hard for me to wrap my head around right now.
Steve Futterman
Matthew Tkachuk of The US Team says he cannot wait for the game to take place.
Matthew Tkachuk
It's best on best. This is the pinnacle to sport. This is as good as it gets.
Steve Futterman
The US hasn't won an Olympic gold in men's hockey since the legendary Miracle on ice in 1980 when the US shocked the Soviet Union. This will be the third time the US And Canada have faced each other in the gold medal match. The Canadians have won the previous two. For NPR News, Steve I'm Steve Futterman in Milan.
Dale Willman
It was a good finish for Wall street on Friday. The Dow Jones Industrial Average closed up 230 points. The Nasdaq closed up 203 or 9, 10 of a percent s and P 500 was up 47 points. This is NPR News. Chile is reacting angrily to US Sanctions against three officials, calling the move a unilateral measure violating the country's independence. The US Says the officials are being sanctioned because their activities are harming American interests and regional. NPR's Kerry Kan reports.
Kerry Kan
The U.S. announcement doesn't name the three officials, but did say they were involved in providing financial and other substantial support to activities that compromise critical telecommunications infrastructure. Chile's current government and China have been in talks to lay an underwater fiber optic cable from the country's Pacific coast to Hong Kong. The Trump administration opposes the venture and has openly stated its displeasure with the outgoing leftist president, Gabriel Borich. Chile has summoned the US Ambassador to request clarity since, according to a Foreign Ministry statement, no formal notification was sent. Chile's new right wing incoming president will be sworn into office March 11. Carrie Conn, NPR News, Rio de Janeiro.
Dale Willman
The Fifth Circuit Court of Appeals has ruled that a Louisiana law which requires displays of the Ten Commandments in public classrooms to take effect. The full court ruled 12 to 6 Friday to lift a block on the law. One dissenting judge wrote that the law exposes children to government endorsed religion and in a place where they're required to be. An interview with actor Eric Dane has been released by Netflix. Their program, called Famous Last Words, interviews people in secret and releases the interview only after the subject's death. Dane died on Thursday, less than a year after announcing he had been diagnosed with ALS. He was 53 years old. I'm Dale Willman, NPR News.
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This episode delivers a concise roundup of the top news as of February 21, 2026. Major headlines include the Supreme Court’s decision striking down President Trump’s tariffs, updates on the U.S. economy’s recent slowdown, the U.S. men’s ice hockey team advancing to the Olympic gold medal game versus Canada, diplomatic tensions over U.S. sanctions on Chilean officials, and a major court decision on Ten Commandments displays in Louisiana schools. The episode closes with news of actor Eric Dane’s death and a retrospective interview release.
[00:16 – 01:01]
Notable Quote:
“Having just fought a revolution motivated in large part by taxes imposed on them by the king of England without their consent, the framers wrote a constitution that gives Congress the taxing power because the members of the legislature would be more accountable.”
— John Roberts, Supreme Court Chief Justice ([00:28])
[01:01 – 02:04]
Notable Quote:
“Consumer spending and business investment continue to fuel the economy, although consumer spending grew more slowly during the holiday shopping season than it did earlier in the year.”
— Scott Horsley, NPR Economics Reporter ([01:24])
[02:04 – 02:41]
Memorable Moments & Quotes:
“It's just—it's hard for me to wrap my head around right now.”
— Matthew Tkachuk, U.S. Hockey Team ([02:27])
“It's best on best. This is the pinnacle to sport. This is as good as it gets.”
— Matthew Tkachuk ([02:35])
[03:00 – 03:12]
[03:12 – 04:15]
Notable Insight:
“Chile's current government and China have been in talks to lay an underwater fiber optic cable from the country's Pacific coast to Hong Kong. The Trump administration opposes the venture…”
— Kerry Kan, NPR Reporter ([03:32])
[04:15 – 04:38]
[04:39 – 04:54]
Chief Justice John Roberts:
“Having just fought a revolution motivated in large part by taxes imposed on them by the king of England without their consent, the framers wrote a constitution that gives Congress the taxing power because the members of the legislature would be more accountable.”
([00:28])
Matthew Tkachuk, U.S. Hockey:
“It's best on best. This is the pinnacle to sport. This is as good as it gets.”
([02:35])
This NPR News Now episode provides rapid, clear, and authoritative updates on significant developments across U.S. policy, economics, sports, international relations, and culture as of February 21, 2026.