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Peter Sagal
Imagine, if you will, a show from NPR that's not like npr, a show that focuses not on the important but the stupid, which features stories about people smuggling animals in their pants, incompetent criminals and ridiculous science studies. And call it Wait, Wait, Don't Tell Me, because the good names were taken. Listen to NPR's Wait, Wait, Don't Tell Me. Yes, that is what it is called, wherever you get your podcasts.
Jeanine Herbst
Live from NPR News in Washington, I'm Jeanine Herbst. World financial markets dropped sharply this week and Wall street had its worst week in five years after President Trump said he's imposing a new round of 10% tariffs on products from nearly all countries that took effect today. Other countries could get additional higher tariffs and Trump implemented 25% tariffs on autos in response, China says It's imposing a 34% tax on U.S. goods starting next week. NPR's Ron Elving reports. Trump thinks it will worth it in the long run.
Ron Elving
They say the retaliation we're seeing from China and elsewhere will be transitory. They say our trading partners will knuckle under and lower their own tariffs. And most important, they say American companies will bring home the jobs that they've shifted overseas and that other countries will shift their manufacturing to the U.S. creating jobs here rather than in their own countries.
Jeanine Herbst
NPR's Ron Elving reporting. The Republican led Senate approved a blueprint for trillions of dollars in spending for tax, defense and immigration policy. NPR's Claudia Grisales reports. The House takes it up next, but there are political hurdles.
Claudia Grisales
Congressional Republicans are racing to enact key elements of President Trump's domestic policy. But Senate and House lawmakers already face some major divides on what that final multi trillion dollar measure should look like. It reimagines defense, energy, immigration and tax spending, including plans to extend tax cuts passed during Trump's first term and lifting the US debt limit by $5 trillion to avert a potential breach this summer. But House Republican fiscal hawks say the Senate blueprint does not reduce enough of the federal deficit, with some saying it's time to cut into Medicaid. Claudia Rosalis, NPR News.
Jeanine Herbst
In cities across the country today, thousands demonstrated in protest of actions by Trump and billionaire and White House adviser Elon Musk. In Cincinnati, many chanted and carried signs amid the rain. Bill Reinhart with member station WVXU has more.
Bill Reinhart
The Hands off movement is protesting a wide range of activities from the Trump administration, from cuts and layoffs to federal departments to mass deportations. Randy Warpol of Alexandria, Kentucky, says he's a retired federal worker standing with those whose jobs are threatened. He says there is waste and inefficiency in the government, but that severe cuts are not the way to deal with it.
Ron Elving
I worked for 30 years in the military and then in federal service, and I did not ever meet anyone who was not committed to serving the public.
Bill Reinhart
Worpol says cuts for efficiency should be done surgically and thoughtfully, not by one person referring to Trump advisor Elon Musk. For NPR News, I'm Bill Reinhart in Cincinnati.
Jeanine Herbst
You're listening to NPR News in Washington. A beloved ski lift in Colorado is set to be retired tomorrow. The Segundo is one of the oldest in the state, and it was first installed in Aspen in 1954. It was moved down the mountain to near Glenwood springs in the 70s. The two seater lift has carried movie stars including John Wayne and Gary Cooper. But a new triple seater will greet skiers this fall. Southern foods being recognized by one of the biggest names in the international culinary world. Matt Bloom with member station WWNO reports. Michelin says it will create a new regional guide for the southern U.S. it's.
Matt Bloom
The first time that Michelin will create a regional version of its renowned dining guides, which award coveted stars to top restaurants. The new southern guide will include restaurants in Alabama, Louisiana, Mississippi, the Carolinas, Georgia and Tennessee. Michelin North America says its inspectors are already in the field making reservations and scouting for culinary gems in a region known for its hearty soul food. First published in France, Michelin has been advising diners for over a century. A list of finalists in the US south is expected later this year. For NPR News, I'm Matt Bloom in New Orleans.
Jeanine Herbst
The women's college basketball championship between the Connecticut Huskies and South Carolina Gamecocks takes place tomorrow afternoon. For the men, the Final Four are playing tonight for a chance to go to the championship game for them on Monday. Florida plays Auburn this hour, and then Houston and duke play at 8:49 Eastern. I'm Jeanine Herbst, NPR News, in Washington. Listen to this podcast sponsor free on Amazon Music with a Prime membership or any podcast app by subscribing to NPR News Now +@plus.NPR.org that's plus.NPR.org.
Host: Jeanine Herbst
Release Date: April 5, 2025
Financial Markets and Trump's Tariffs
World financial markets experienced a significant downturn this week, marking Wall Street's worst performance in five years. The decline follows President Trump's announcement of a new 10% tariff on products from nearly all countries, effective immediately.
Notable Quote:
"Trump thinks it will be worth it in the long run."
— Jeanine Herbst [00:25]
China's Retaliatory Measures
In response to the U.S. tariffs, China announced a 34% tax on U.S. goods starting next week. Additionally, Trump imposed a 25% tariff on automobiles, escalating the trade tensions further.
Ron Elving's Analysis:
"They say the retaliation we're seeing from China and elsewhere will be transitory. They believe our trading partners will eventually lower their tariffs, and American companies will bring back jobs previously offshore."
— Ron Elving [00:59]
Senate Approval and House Considerations
The Republican-controlled Senate has approved a comprehensive blueprint for trillions in spending, targeting tax, defense, and immigration policies. NPR's Claudia Grisales reports that the House will next debate the measure, though significant political obstacles remain.
Claudia Grisales on Legislative Challenges:
"Senate and House lawmakers face major divides on the final structure of this multi-trillion dollar package, which reimagines defense, energy, immigration, and tax spending. House Republicans are pushing back, arguing that the Senate's blueprint doesn't sufficiently address the federal deficit."
— Claudia Grisales [01:22]
Fiscal Hawks' Concerns:
Some House Republicans are advocating for deeper cuts into federal spending areas like Medicaid, emphasizing the need to reduce the national debt and address budgetary inefficiencies.
Protests in Cincinnati and Beyond
Thousands gathered in cities nationwide today to protest actions taken by President Trump and his White House adviser, Elon Musk. In Cincinnati, demonstrators braved the rain, carrying signs and chanting slogans against the administration's policies.
Retired Federal Worker Speaks Out:
"There is waste and inefficiency in the government, but severe cuts are not the solution."
— Randy Warpol, Alexandria, Kentucky [02:38]
Ron Elving Highlights Public Sentiment:
"I worked for 30 years in the military and federal service, and I did not ever meet anyone who wasn't committed to serving the public."
— Ron Elving [02:57]
Bill Reinhart on Protest Motivations:
"The Hands Off movement is addressing a wide range of concerns, from federal department layoffs to mass deportations, advocating for surgical and thoughtful cuts rather than broad, ineffective measures."
— Bill Reinhart, Cincinnati [02:57]
The Segundo Ski Lift's Farewell
Colorado bids farewell to the Segundo ski lift, one of the state's oldest, first installed in Aspen in 1954 and relocated to near Glenwood Springs in the 1970s. The two-seater lift, a favorite among movie stars like John Wayne and Gary Cooper, is set to retire tomorrow.
Transition to a New Lift:
A modern triple-seater lift will replace the Segundo this fall, promising enhanced efficiency and better service for skiers.
Southern Flavors Gain Recognition
Michelin is set to introduce its first regional dining guide for the Southern United States, encompassing Alabama, Louisiana, Mississippi, the Carolinas, Georgia, and Tennessee. This marks a significant acknowledgment of the region's rich culinary landscape.
Matt Bloom on Michelin’s Initiative:
"Inspectors are already scouting for culinary gems in a region renowned for its hearty soul food. A list of finalists in the U.S. South is expected later this year."
— Matt Bloom, New Orleans [04:04]
Women's Championship Preview
Tomorrow afternoon will feature the women's college basketball championship between the Connecticut Huskies and the South Carolina Gamecocks.
Men's Final Four Action Tonight
Tonight's matchups include Florida versus Auburn, followed by Houston taking on Duke at 8:49 PM Eastern. These games will determine which teams advance to the men's championship game scheduled for Monday.
Jeanine Herbst’s Sports Roundup:
"Be sure to tune in for an exciting finish to the college basketball season."
— Jeanine Herbst [04:42]
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