NPR News: 02-27-2025 7AM EST

Summary

NPR News Now: Episode Summary – February 27, 2025

NPR News Now delivers the latest developments across various domains, including international relations, economic policies, notable obituaries, and market updates. This summary encapsulates the key discussions, insights, and conclusions from the February 27, 2025, episode, providing a comprehensive overview for those who haven't tuned in.

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1. U.S. Funding for International Development

Reporter: Windsor Johnston
Contributors: Fat Matanis

The episode opens with a critical look at the White House’s stance on funding the U.S. Agency for International Development (USAID). Windsor Johnston reports that the administration, under President Trump, is set to continue withholding nearly $2 billion in foreign assistance, a decision influenced by a recent Supreme Court pause on a lower court ruling demanding payment.

Key Points:

• Supreme Court Ruling: The Supreme Court on Wednesday paused a lower court ruling requiring the Trump administration to allocate approximately $2 billion to USAID.
• Impact on USAID: The agency has been significantly stripped of its resources, affecting its ability to fund humanitarian and development projects.

Notable Quote:

"The agency has been effectively gutted." – Fat Matanis [00:42]

Further Details: Fat Matanis elaborates on the breadth of projects impacted by the funding cuts, which include disease control, migration prevention, hunger alleviation, and the support of human rights initiatives. Similarly, the State Department has seen a reduction in its foreign assistance grants, with over 4,100 grants affected. Despite these cuts, the State Department asserts that it has saved about $60 billion, equating to roughly 1% of the overall federal budget.

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2. British Prime Minister Keir Starmer’s Visit to the White House

Reporter: Windsor Johnston
Contributors: Franco Ordonez

British Prime Minister Keir Starmer is scheduled to meet President Trump amidst ongoing global tensions, particularly the war in Ukraine. Franco Ordonez provides insights into the agenda and objectives of this high-profile visit.

Key Points:

• Agenda: Key topics include the war in Ukraine, defense spending, and tariffs.
• Defense Spending: Starmer has announced that Britain will increase its defense spending to 2.5% of its economic output by 2027, aiming to enhance Europe's security.
• Tariffs: Starmer is expected to negotiate exemptions from Trump’s proposed tariffs on steel and aluminum imports.

Notable Quotes:

"Keir Starmer will be echoing those calls, and he hopes to woo Trump with his recent announcement of an increase in defense spending as a commitment to boost Europe's security." – Franco Ordonez [01:25]

Context: This visit follows closely after French President Emmanuel Macron’s efforts to secure continued U.S. support for Ukraine. Prime Minister Starmer's proposal to bolster defense spending and seek tariff exemptions highlights the UK's strategic efforts to navigate and strengthen transatlantic relations under Trump's administration, which has been critical of U.S. allies for inadequate defense investments while simultaneously building stronger ties with Russia.

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3. Potential Delay of Trump’s Tariffs on Mexico and Canada

Reporter: Windsor Johnston
Contributors: Danielle Kurtzleben

President Trump has indicated a possible postponement of his proposed tariffs on imports from Mexico and Canada, which were initially slated to take effect on February 1.

Key Points:

• Initial Delay: The tariffs had already been delayed until the following week before the latest announcement.
• New Delay: During a Cabinet meeting, Trump suggested delaying the 25% tariffs on Canada and Mexico to April 2.

Notable Quotes:

"I was going to do it on April 1, but I'm a little bit superstitious. I made it April 2. The tariffs go on. Not all of them, but a lot of them." – Donald Trump [02:38]

Economic Implications: Danielle Kurtzleben highlights the uncertainty surrounding the new deadline, noting that Commerce Secretary Howard Lutnick mentioned the implementation could depend on Mexico and Canada’s actions to reduce fentanyl flow into the U.S. Moreover, economists warn that such delays introduce volatility, potentially hindering business investments and economic planning.

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4. Update on Pope Francis' Health

Reporter: Windsor Johnston

The Vatican provided a cautious update on Pope Francis' health, indicating slight improvements. The 88-year-old pontiff has been hospitalized in Rome for nearly two weeks due to a complex lung infection.

Key Points:

• Health Status: Pope Francis remains in critical condition but has resumed some duties, including meetings with Vatican officials.
• Prognosis: Continuous monitoring and treatment are ongoing, with slight signs of recovery.

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5. Passing of Actor Gene Hackman

Reporter: Windsor Johnston
Contributors: Netta Ulaby

The news brings sorrow as the legendary actor Gene Hackman passed away at the age of 95. Authorities in New Mexico confirmed that Hackman and his wife were found deceased at their home in San Felipe, with no foul play suspected.

Key Points:

• Career Highlights: Hackman’s illustrious career spanned over 60 years, featuring iconic roles in films such as The French Connection, Unforgiven, and Crimson Tide.
• Early Career: Despite a late start in acting, having been a marine, truck driver, and doorman, Hackman's persistence led him to become one of the most respected actors of his generation.

Notable Quote:

"Gene Hackman was funny, surly and a study in self possession in more than 70 movies." – Netta Ulaby [03:56]

Additional Insights: Netta Ulaby provides an overview of Hackman's diverse roles and his journey into acting, highlighting his early rejection from theater classes alongside Dustin Hoffman, which only fueled his determination to succeed in the acting world.

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6. Global Market Updates

Reporter: Windsor Johnston

The episode concludes with a brief overview of the global financial markets:

• Asia: Stocks across Asia showed mixed results. Japanese and Chinese markets closed on a positive note, whereas shares in Hong Kong experienced declines.
• U.S. Market: On Wall Street, Dow futures were trading higher at the time of the report, indicating a potentially positive opening for the day.

Key Points:

• Market Variability: The contrasting performances in Asian markets reflect ongoing economic uncertainties and regional variations in investor confidence.
• Wall Street Outlook: The upward trend in Dow futures suggests optimism among investors despite global market fluctuations.

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This episode of NPR News Now provides a concise yet comprehensive snapshot of significant global and national events, offering listeners timely information and insightful analysis on pressing issues.

Transcript

[NPR Announcer]

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[Windsor Johnston]

In Washington, I'm Windsor Johnston. The White House will continue to withhold funding from the U.S. agency for International Development. The the Supreme Court on Wednesday paused a lower court ruling that required the Trump administration to pay nearly $2 billion in foreign assistance to USAID. NPR's Fat Matanis reports. The agency has been effectively gutted.

[Fat Matanis]

Those grants funded all kinds of humanitarian and development projects aimed at disease control, migration prevention, hunger prevention, supporting human rights. And the same process has happened over at the State Department, where most foreign assistance grants around 4,100 have been. But the State Department says they've saved about $60 billion, which is around 1% of the overall federal budget.

[Windsor Johnston]

That's NPR's Fat Matanis reporting. President Trump will host British Prime Minister Keir Starmer at the White House today. NPR's Franco Ordonez reports. The two leaders are expected to address a number of issues, including the war in Ukraine, defense spending and tariffs.

[Franco Ordonez]

The UK prime minister visits Washington days after the French president Emmanuel Macron, spent the afternoon at the White House urging Trump to maintain U.S. support for Ukraine. Keir Starmer will be echoing those calls, and he hopes to woo Trump with his recent announcement of an increase in defense spending as a commitment to boost Europe's security. Starmer says Britain will increase its defense spending to 2.5% of economic output by 2027. Trump has spent much of his first few weeks back in power criticizing, criticizing US Allies for not spending enough on defense while his own administration builds stronger ties with Russia. Starmer is also expected to seek exemptions from Trump's proposed tariffs on steel and aluminum imports. Franco Ordonez, NPR News.

[Windsor Johnston]

President Trump says he might delay his proposed tariffs on imports from Mexico and Canada. NPR's Danielle Kurzleben reports. The levies were supposed to have taken effect on February 1.

[Danielle Kurtzleben]

The tariffs had been delayed until next week. But at his Cabinet meeting, Trump seemed to say that his proposed 25% tariffs on Canada and Mexico would now be delayed again April 2.

[Donald Trump]

I was going to do it on April 1, but I'm a little bit superstitious. I made it April 2. The tariffs go on. Not all of them, but a lot of them.

[Danielle Kurtzleben]

But it was also unclear how hard and fast that new deadline would be. Later, Commerce Secretary Howard Lutnick seemed to say it was contingent on Canada and Mexico slowing the flow of fentanyl. Trump has imposed a 10% tariff on Chinese goods, but has proposed many others. That uncertainty, economists say, can itself be harmful because it hampers business investment. Danielle Kurtzleben, NPR News.

[Windsor Johnston]

This is NPR News. In Washington. The Vatican says Pope Francis is showing slight improvement but remains in critical condition. The 88 year old pontiff was hospitalized in Rome nearly two weeks ago to undergo treatment for a complex lung infection. The pope has been able to resume some work over the last couple of days, including meetings with Vatican officials. Oscar winning actor Gene Hackman has died at the age of 95. Authorities in New Mexico say Hackman and his wife were found dead at their home in San of Fay. No foul play is expected. NPR's Netta Ulaby reports. The legendary actor's career spanned more than 60 years.

[Netta Ulaby]

Gene Hackman was funny, surly and a study in self possession in more than 70 movies, like the violent narcotics detective in the French Connection.

[Donald Trump]

You've been in Poughkeepsie, haven't you?

[Gene Hackman]

I want to hear it.

[Unknown Speaker]

Come on.

[Netta Ulaby]

And there was Hoosier's Superman, the Conversation, Unforgiven, Crimson Tide, even a role in Twilight. His breakthrough was in 1967's Bonnie and Clyde as Clyde's rambunctious brother. We're going to have my Hackman came to acting late. He'd been a marine, a truck driver and a doorman before starting theater classes at the Pasadena Playhouse. He was kicked out along with a young Dustin Hoffman for not showing enough talent. But Gene Hackman, unflinching and no nonsense, became one of the most sought after actors of his generation. Neta Ulibi, NPR News.

[Windsor Johnston]

Stocks across Asia finished mixed today. Markets in Japan and China closed higher while shares were lower in Hong Kong. On Wall Street, Dow futures are trading higher at this hour. This is NPR News.

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