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Nature Conservancy Representative
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Dan Ronan
News in Washington, I'm Dan Ronan. In a celebratory Rose Garden ceremony, President Trump announced he will be imposing tariffs of at least 10% on virtually all imports to the U.S. as NPR's Tamara Keith reports, this is something Trump has been promising to do for years. Despite warnings from economists.
Tamara Keith
The 10% tariff is across the board. But in countries with higher trade barriers, Trump says the tariff rate will go much higher, for instance, 49% for Cambodia and 37% for Bangladesh, a country that produces a lot of clothing bought by US Consumers. Trump says the goal is to supercharge manufacturing in the U.S. my answer is very simple.
Donald Trump
If they complain, if you want your tariff rate to be zero, then you build your product right here in America because there is no tariff if you build your plant your product in America.
Tamara Keith
But building in America is usually more expensive. Economists warn American consumers will likely see higher prices and the economy could suffer. Tamara Keith, NPR News.
Dan Ronan
President Trump says another major law firm has reached a deal to avoid being targeted with a punitive executive order. The latest firm to cut a deal is Milbank llp, which Trump says has agreed to provide millions of dollars in free legal work on issues supported by both the firm and the White House. NPR's Ryan Lucas reports.
Scott Edelman
President Trump is waging a campaign against big law firms that he accuses of weaponizing the justice system. Trump has issued executive orders that punish specific law firms because they've represented clients or issues unfavorable to the president. Three of the targeted firms have sued and won court orders temporarily blocking Trump's actions. Other firms, though, have opted to reach an agreement with Trump. With today's deal, Milbank is now the fourth to do so. In a social media post, Trump says Milbank will, among other things, provide at least $100 million in pro bono legal services to causes that both Trump and the firm support. Milbank's chairman, Scott Edelman, says the agreement is consistent with the firm's core values. Ryan Lucas, NPR News, Washington.
Dan Ronan
Violent weather is roaring through parts of the south and the Midwest. Heavy rains and high winds were reported in Missouri, Illino in Kentucky. The National Weather Service says a tornado touched down in Vernon County, Missouri, Wednesday with winds of 100 miles per hour, and the tornado stayed on the ground for 17 miles. Witness Ramon Austin said he ran for cover when he heard the sirens, it got real quiet.
Ramon Austin
And then you hear just like they say, that train, that sound without the horn, without the whistle, just that. And it got louder and louder.
Dan Ronan
The sheriff says that there is significant damage but no deaths on Wall Street. They are waiting to see what will happen with tariffs. The dow is down 950 points in premarket trading. This is NPR News. In Washington. The Food and Drug Administration has missed a deadline for granting full approval to one of the COVID 19 vaccines. More from NPR's Rob Stein.
Rob Stein
A company called Novavax says the FDA was supposed to act on the company's request to grant full approval to the firm's COVID 19 vaccine by Tuesday. But Novavax says the company still hasn't heard from the FDA. The Novavax vaccine has been made available to people under a so called emergency use authorization, but novavax had sought full approval for the shot. The FDA has already given full approval to the MRNA COVID19 vaccines made by Pfizer and BioNTech and Moderna. The Novavax vaccine uses a more traditional technology. The FDA did not immediately respond to a request for comment. Rob Stein, NPR News, Washington.
Dan Ronan
Capital's winger Alex Ovechkin, now just three goals from becoming the National Hockey League all time scoring leader. He scored his 892nd career goal Wednesday night in a 51 loss against Carolina. Despite missing several weeks with a broken leg, ovechkin already has 39 goals this season. The Trump administration confirms that Amazon has put in a bid to buy the Chinese social media platform TikTok. The move comes as the US ban on TikTok is set to take effect on Saturday. The official who was not authorized to speak publicly, said this offer came in a letter to Vice President J.D. vance and the Commerce Secretary, Howard Lutnick. From Washington, this is NPR News. I'm Dan Ronan.
Nature Conservancy Representative
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NPR News Now: April 3, 2025, 3 AM EDT
NPR News Now delivers the latest news updates in a concise five-minute format. In the April 3, 2025, episode hosted by NPR's Dan Ronan, the program covers a range of topics from U.S. economic policies and legal battles to severe weather events and developments in the tech industry. Below is a detailed summary of the key discussions, insights, and conclusions from the episode.
Host: Dan Ronan
Segments: [00:16] - [01:07]
Contributors: Tamara Keith, Donald Trump
The episode opens with Dan Ronan reporting from Washington on President Trump's announcement of new tariffs in a celebratory ceremony at the Rose Garden. Tamara Keith provides an in-depth look at the administration's plan:
"The 10% tariff is across the board. But in countries with higher trade barriers, Trump says the tariff rate will go much higher, for instance, 49% for Cambodia and 37% for Bangladesh, a country that produces a lot of clothing bought by US consumers."
—Tamara Keith [00:35]
President Trump's rationale behind the tariffs aims to bolster American manufacturing:
"If they complain, if you want your tariff rate to be zero, then you build your product right here in America because there is no tariff if you build your plant your product in America."
—Donald Trump [00:57]
However, Tamara Keith highlights concerns from economists, pointing out that manufacturing in the U.S. typically incurs higher costs, which could lead to increased consumer prices and potential economic downturns:
"Economists warn American consumers will likely see higher prices and the economy could suffer."
—Tamara Keith [01:07]
Host: Dan Ronan
Segments: [01:18] - [02:22]
Contributors: Ryan Lucas, Scott Edelman
In a significant development, Dan Ronan reports on President Trump's ongoing efforts to pressure major law firms. Ryan Lucas elaborates that the Trump administration has reached a deal with Milbank LLP, making it the fourth law firm to comply with the administration’s demands:
"Milbank will, among other things, provide at least $100 million in pro bono legal services to causes that both Trump and the firm support."
—Scott Edelman, Milbank LLP [01:39]
Scott Edelman, Milbank's chairman, defends the agreement by stating:
"The agreement is consistent with the firm's core values."
—Scott Edelman [01:39]
This move is part of Trump's broader campaign against large law firms, which he accuses of manipulating the justice system to the president's detriment. While some firms have resisted and won temporary court blocks, others, like Milbank, have opted to negotiate terms favorable to both parties.
Host: Dan Ronan
Segments: [02:22] - [02:59]
Contributor: Ramon Austin
The episode shifts focus to extreme weather conditions affecting parts of the Midwest and South. Dan Ronan reports significant tornado activity in Missouri, Illinois, and Kentucky. A notable tornado in Vernon County, Missouri, was recorded at [02:22], with winds reaching 100 mph and a path stretching 17 miles.
Ramon Austin, a witness, recounts his harrowing experience:
"And then you hear just like they say, that train, that sound without the horn, without the whistle, just that. And it got louder and louder."
—Ramon Austin [02:47]
Fortunately, there have been no reported fatalities, although substantial property damage has been confirmed by local authorities.
Host: Dan Ronan
Segment: [02:59]
Contributor: Dan Ronan
Returning to economic news, Dan Ronan discusses the immediate effects of the newly announced tariffs on financial markets. The Dow Jones Industrial Average experienced a sharp decline, dropping 950 points in premarket trading as investors react to the uncertainty surrounding the tariffs' implementation.
Host: Rob Stein
Segments: [03:25] - [04:09]
Contributor: Rob Stein
Rob Stein reports on a delay by the Food and Drug Administration (FDA) in granting full approval to Novavax's COVID-19 vaccine. Expected by the initial deadline, the FDA has yet to respond to Novavax's request, leaving the vaccine available only under an emergency use authorization. This development contrasts with the mRNA COVID-19 vaccines from Pfizer-BioNTech and Moderna, which have already received full FDA approval. The Novavax vaccine distinguishes itself by utilizing more traditional vaccine technology.
Novavax's pursuit of full approval reflects ongoing efforts to diversify vaccine options and address different public health needs.
Host: Dan Ronan
Segments: [04:09] - [04:53]
Contributors: Dan Ronan
In sports news, Dan Ronan highlights that Alex Ovechkin of the Washington Capitals is just three goals shy of becoming the NHL's all-time leading scorer. Ovechkin scored his 892nd career goal in a recent game against Carolina, demonstrating remarkable resilience by securing 39 goals this season despite a few weeks sidelined due to a broken leg.
Shifting to the tech industry, the Trump administration has confirmed that Amazon has submitted a bid to acquire the Chinese social media platform TikTok. This move comes as the U.S. prepares to enforce a ban on TikTok set to take effect on Saturday. An unnamed official revealed that the offer was formally communicated in a letter addressed to Vice President J.D. Vance and Commerce Secretary Howard Lutnick, signaling significant developments in the ongoing scrutiny of Chinese tech companies in the U.S. market.
Note: Commercial segments and non-content messages have been excluded from this summary to focus solely on the news content.
This episode of NPR News Now encapsulates critical developments in U.S. economic policy, legal industry pressures, severe weather events, public health updates, sports milestones, and significant corporate moves in the tech sector. The program provides listeners with a comprehensive overview of the day's most pressing issues, enriched with direct quotes and firsthand accounts to enhance understanding and engagement.