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Jeanine Herbst
Live from NPR News in Washington, I'm Jeanine Herbst. President Trump gives an address to a joint session of Congress tonight, his first since returning to the White House for his second term last month. The theme, the renewal of the American dream. Trump's expected to lay out his domestic and foreign policy agendas. And here's Daniel Kurtzleben has more.
Daniel Kurtzleben
There's a pretty unusual dynamic hanging over this speech. This Congress, which is narrowly controlled by Republicans, they have been remarkably acquiescent to Trump's norm, shattering moves. And that acquiescence has come even as Trump has consolidated wide ranging governmental powers into the executive branch, including powers that Congress historically has had, things like imposing tariffs.
Jeanine Herbst
NPR's Danielle Kurtzleben reporting. Ukraine's President Zelensky says on social media he ready to sign a minerals deal with the US and work with President Trump.
Maria Aspen
He says no one wants an endless.
Jeanine Herbst
War and that his meeting with Trump.
Maria Aspen
At the White House last Friday didn't.
Jeanine Herbst
Go as it was supposed to.
Maria Aspen
And he says that was regrettable.
Jeanine Herbst
Wall street is sharply lower today, actually.
Maria Aspen
In mixed territory at this hour on.
Jeanine Herbst
Growing fears of a global trade war.
Maria Aspen
NPR's Maria Aspen has more.
Global trade tensions are escalating and Wall street is worried. President Trump imposed a 25% tariff against Canada and Mexico and an additional 10% tariff on goods from China. Now China and Canada have announced retaliatory measures. China, Canada and Mexico are the largest U.S. trading partners and the new tariffs are expected to increase consumer prices for a wide range of products. Shares of automakers Ford, GM and Tesla are all down amid the broader market sell off. So are shares in Best Buy and Target, as both retailers warned investors that the new tariffs could increase their prices. Maria Aspen, NPR News, New York.
Jeanine Herbst
The new secretary of Education, Linda McMahon, sent a note to staff making it clear she will work quickly to DISMANTLE the department. NPR's Cory Turner has more.
Cory Turner
The new secretary's note, which is posted on the Education Department's website, says the department is not working as intended. We must start thinking about our final mission at the department as an overhaul, she writes, a last chance to restore the culture of liberty and excellence that made American education great. And she closes speaking directly to Education Department staff, telling them this is our opportunity to perform one final unforgettable public service for students. According to a new NPR PBS News Marist poll, 63% of Americans do not support getting rid of the U.S. department of Education. Cory Turner, NPR News.
Maria Aspen
Wall street has pulled up off earlier.
Jeanine Herbst
Lows amid trade war worries. The dow is down 321 points. The NASDAQ is now in positive territory, up 81 points.
Maria Aspen
The S&P 500 down 21.
Jeanine Herbst
You're listening to NPR News from Washington. An architect from China has won architecture's.
Maria Aspen
Most prestigious award, the Pritzker Prize.
Jeanine Herbst
And Piersnetta Uluby has more.
Piersnetta Uluby
Liu Jiakun was born in 1956. He was one of the first architects to start a private firm in China. He's mostly worked there throughout his career, designing museums, university buildings, even a maternity ward for pandas at a research institution in Chengdu. Liu told NPR through his translator, his 24 year old son Martin, that after a deadly earthquake in 2008, his firm made bricks from the rubble. They became known as rebirth bricks because of what they were used for, like.
Reconstructions of some buildings in villages and also some public buildings in the city.
Each brick, he said, contained a visible memory, what came before. Neta Ulupi, NPR News.
Maria Aspen
It's Mardi Gras and celebrations got underway early in New Orleans this as severe weather is forecast for the area. And that's forced officials there to reschedule or shorten some of the parades because of possible thunderstorms that the National Weather.
Jeanine Herbst
Service says could bring heavy rain, damaging.
Maria Aspen
Gusty winds over 60 miles an hour and also the possibility of Mardi Gras, meaning Fat Tuesday is the final day of decadence before Lent, the start of.
Jeanine Herbst
40 days when many Christians reflect on the events leading up to and including the death of Christ. Wall street trading mix the dow is down 322 points. I'm Jeanine Herbst, NPR News, in Washington.
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NPR News Now: Detailed Summary of Episode Released on March 4, 2025
Hosted by NPR, the "NPR News Now" podcast delivers the latest news in a concise five-minute format. The episode released on March 4, 2025, at 2 PM EST covers a range of topics from President Trump's upcoming congressional address to global trade tensions, educational policy changes, notable achievements in architecture, and updates on Mardi Gras celebrations.
Jeanine Herbst opens the episode by announcing that President Trump is set to deliver his first address to a joint session of Congress since beginning his second term. The central theme of the address is the "renewal of the American dream," where Trump is expected to outline his domestic and foreign policy agendas.
Daniel Kurtzleben provides further analysis, highlighting the unusual dynamic within a narrowly Republican-controlled Congress that has shown remarkable acquiescence to Trump's significant shifts in policy and governance.
Jeanine Herbst reports on Ukraine’s President Zelensky expressing readiness to sign a minerals deal with the United States and collaborate with President Trump. This statement comes amid tensions regarding their recent meeting at the White House.
Maria Aspen adds that Zelensky emphasized the desire to avoid an "endless war," expressing regret over the recent White House meeting not proceeding as planned.
Maria Aspen delves into the escalating global trade tensions, explaining that President Trump's imposition of a 25% tariff on goods from Canada and Mexico, and an additional 10% on Chinese imports has led to retaliatory measures from China and Canada.
Impact on the Market:
Automakers: Shares of Ford, GM, and Tesla have declined.
Retailers: Best Buy and Target have seen their stocks drop as they warn investors about potential price increases due to tariffs.
Quote: "President Trump imposed a 25% tariff against Canada and Mexico and an additional 10% tariff on goods from China." — Maria Aspen [01:22]
Market Movements:
Dow Jones Industrial Average: Down by 321 points.
NASDAQ: Up by 81 points.
S&P 500: Down by 21 points.
Quote: "The dow is down 321 points. The NASDAQ is now in positive territory, up 81 points." — Jeanine Herbst [02:56]
Further Quote: "The S&P 500 down 21." — Jeanine Herbst [03:06]
Jeanine Herbst brings attention to Linda McMahon, the new Secretary of Education, who has signaled plans to dismantle the Department of Education. McMahon communicated her intentions through a note to staff, emphasizing a swift overhaul.
Cory Turner elaborates on McMahon’s message, which calls for restoring the "culture of liberty and excellence" in American education. He highlights a public opinion poll indicating that 63% of Americans oppose the elimination of the Department of Education, reflecting substantial resistance to McMahon's plans.
Jeanine Herbst announces that Liu Jiakun, a Chinese architect, has been awarded the Pritzker Prize, architecture's highest honor.
Piersnetta Uluby provides a profile of Liu Jiakun, highlighting his pioneering role as one of China's first private firm architects. Her report details his diverse portfolio, including museums, university buildings, and unique projects like a maternity ward for pandas.
Quote: "Liu Jiakun was born in 1956. He was one of the first architects to start a private firm in China." — Piersnetta Uluby [03:21]
Notable Achievement: Post the 2008 earthquake, Liu's firm created "rebirth bricks" from rubble for reconstruction projects, symbolizing resilience and memory.
Quote: "Each brick... contained a visible memory, what came before." — Piersnetta Uluby [03:56]
Maria Aspen reports that Mardi Gras celebrations in New Orleans have commenced early due to forecasts of severe weather, including thunderstorms and gusty winds over 60 miles per hour. Officials are responding by rescheduling or shortening parades to ensure safety.
Quote: "Mardi Gras and celebrations got underway early in New Orleans this as severe weather is forecast for the area." — Maria Aspen [04:04]
Details: The National Weather Service anticipates heavy rain and damaging winds, prompting proactive adjustments to traditional festivities.
Quote: "Gusty winds over 60 miles an hour and also the possibility of Mardi Gras, meaning Fat Tuesday is the final day of decadence before Lent." — Maria Aspen [04:26]
Jeanine Herbst ties the significance of Fat Tuesday to its place in the Christian calendar, marking the 40 days of Lent leading up to Easter.
Conclusion
This episode of "NPR News Now" provides a comprehensive overview of significant current events, from political developments and economic concerns to cultural achievements and societal celebrations. By highlighting key statements and providing contextual analysis, the podcast ensures that listeners are well-informed on the pressing issues of the day.
Notable Quotes with Timestamps: