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Lakshmi Singh
Live from NPR News in Washington, I'm Lakshmi Singh. A new inflation report's coming out this week in the middle of worldwide market anxiety over President Trump's use of tariffs that he argues will make U.S. manufacturing far more competitive. NPR's Rafael Nams monitoring the volatility in the U.S. markets.
Rafael Nam
One of the big consequences of tariffs is that they're very likely to make things much more expensive. But these tariffs come at a time when the Federal Reserve is still trying to bring down inflation. We'll get the latest snapshot on inflation on Thursday, a day after President Trump's reciprocal tariffs are set to kick in. Too soon to reflect the tariffs full impact, but an important number nonetheless. And although tariffs remain the main driver of markets, investors will also pay attention to the start of the earnings season. JP Morgan Chase and Wells Fargo are reporting results on Friday. Rafael Nam, NPR News.
Lakshmi Singh
President Trump's sweeping government cuts and tariffs have ignited mass protests in the streets and fears are rippling through financial circles. But NPR's Domenico Montana reports Trump is holding the line.
Domenico Montanaro
We did hear from President Trump last night on Air Force One after a weekend of playing golf in a seniors tournament. And the first thing he wanted to tell reporters was that he won. He did talk about those tariffs, which is a big reason that the protests have gained steam. In the first, he was asked about the market going down and if there's a threshold of pain that he's willing to tolerate from the markets and have to take medicine to fix something, he said. But for a lot of people who crossed over to vote for Trump, they were hoping that the medicine would be to bring prices down.
Lakshmi Singh
NPR's Domenico Montanaro reporting. Across the United States, hundreds of affordable housing renovations are at risk after the Trump administration froze a billion dollar program. NPR's Jennifer Ludden reports. The program's goal was to make older places more livable and energy efficient.
Jennifer Ludden
In Emporia, Virginia, Trinity Woods Senior Living desperately needs new central air conditioning. Their old system died three years ago. Resident Dina Moore says summers are too hot even for bingo nights. Last year it was God awful. The Department of Housing and Urban Development had awarded them and hundreds of other places money for an upgrade, potentially including solar panels. But now HUD says energy efficiency does not fit its mission. Julia Gordon oversaw the HUD program under President Biden and says it would help private industry that's providing badly needed affordable housing.
Lakshmi Singh
This is how government works at its best.
Jennifer Ludden
Legal challenges allege that freezing this congressionally approved funding is unlawful. Jennifer Lutton, NPR News.
Lakshmi Singh
The Dow Jones Industrial Average is down nearly 400 points, or more than 1% at 37,934. It's NPR News. Colon cancer is a leading cause of cancer related deaths worldwide. NPR's Maria Godoy reports. New research finds regular exercise can help survivors live longer.
Maria Godoy
While colon cancer death rates overall have been falling, survivors still tend to have a shorter life expectancy than the general population. Researchers surveyed nearly 3,000 colon cancer patients about their exercise habits during and after treatment. Dr. Jeff Meyerhart of the Dana Farber Cancer Institute says for patients who were three years cancer free, exercise made a big difference.
Domenico Montanaro
Those patients not only had a better overall survival if they were more physically active, they actually looked like they had a slightly better overall survival compared to the general population.
Maria Godoy
Even patients whose cancer recurred had improvements in survival if they were doing the equivalent of a brisk walk for about an hour a day on most days. Maria Godoy, NPR News.
Lakshmi Singh
The residents of Birmingham, England, are facing another day of rubbish and rats, rats bigger than cats, as one apparently Vex resident tells CNN. Today, garbage collectors in the city tried and again failed to reach a labor agreement. They're expected to try again tomorrow. For now, streets in the city of more than a million residents are lined with overflowing trash bins, growing piles of rotting garbage, and a stink for the ages. U.S. stocks lower. The Dow is down 409 points, or more than 1% at 37,905. It's NPR News.
Release Date: April 7, 2025
Host/Author: NPR
Duration: Approximately 4 minutes
The episode opens with Lakshmi Singh introducing the latest economic concerns affecting the United States. A new inflation report is imminent, coinciding with global market anxiety surrounding President Donald Trump's recent implementation of tariffs. Trump asserts that these tariffs will bolster U.S. manufacturing competitiveness.
Rafael Nam delves deeper into the economic implications:
"One of the big consequences of tariffs is that they're very likely to make things much more expensive." [00:23]
Nam highlights the timing of these tariffs, emphasizing their arrival during a period when the Federal Reserve is actively striving to reduce inflation levels. He notes the anticipation surrounding Thursday's inflation report, which comes just a day after Trump's reciprocal tariffs are set to take effect. Although the full impact of the tariffs may not yet be evident, the inflation figures remain a critical indicator for economists and investors alike.
Additionally, Nam points out that while tariffs are currently the primary market driver, attention is shifting towards the commencement of the earnings season. Notably, financial giants JP Morgan Chase and Wells Fargo are scheduled to release their quarterly results on Friday, which could further influence market volatility.
Lakshmi Singh transitions to the socio-political repercussions of President Trump's policies, highlighting widespread protests and financial sector unease. Domenico Montanaro provides an in-depth report on the situation.
Montanaro recounts President Trump's recent appearance on Air Force One after participating in a seniors' golf tournament:
"The first thing he wanted to tell reporters was that he won." [01:16]
Addressing the contentious tariffs, Montanaro explains that these measures have become a catalyst for mass protests across the nation. When questioned about the stock market's decline and the threshold of economic pain he is willing to endure, Trump responded cautiously.
"For a lot of people who crossed over to vote for Trump, they were hoping that the medicine would be to bring prices down." [01:44]
This statement underscores the disconnect between Trump's economic policies and the expectations of his voter base, many of whom anticipated relief from inflationary pressures as a primary benefit of his administration's actions.
The conversation shifts to housing, with Lakshmi Singh reporting on the jeopardy facing affordable housing projects across the United States. Jennifer Ludden elaborates on the issue, focusing on the Trump administration's decision to halt a billion-dollar program aimed at renovating older housing units to enhance livability and energy efficiency.
In Emporia, Virginia, Trinity Woods Senior Living is particularly affected:
"Their old system died three years ago. Resident Dina Moore says summers are too hot even for bingo nights. Last year it was God awful." [02:02]
HUD had previously allocated funds to upgrade facilities with essential improvements like new central air conditioning and potentially solar panels. However, the Trump administration's stance redefines energy efficiency as outside HUD's mission scope. Julia Gordon, who oversaw the HUD program under President Biden, criticizes the freeze:
"It would help private industry that's providing badly needed affordable housing." [02:38]
Legal challenges have emerged, with opponents arguing that the suspension of this congressionally approved funding is unlawful. The cessation of the program threatens hundreds of housing renovations that were crucial for making living spaces more comfortable and sustainable.
Lakshmi Singh provides a brief yet significant update on the stock market's performance:
"The Dow Jones Industrial Average is down nearly 400 points, or more than 1% at 37,934." [02:49]
This decline reflects the broader economic uncertainties stemming from the implemented tariffs and the pending inflation report. The market's reaction underscores investor nervousness as they navigate through policy shifts and anticipate corporate earnings disclosures.
Shifting to health news, Maria Godoy reports on groundbreaking research linking regular exercise to increased longevity among colon cancer survivors.
"While colon cancer death rates overall have been falling, survivors still tend to have a shorter life expectancy than the general population." [03:15]
The study surveyed nearly 3,000 colon cancer patients, assessing their exercise routines during and after treatment. Dr. Jeff Meyerhart of the Dana Farber Cancer Institute highlights the findings:
"For patients who were three years cancer-free, exercise made a big difference." [03:37]
Furthermore, even those experiencing cancer recurrence saw survival benefits from maintaining a regimen equivalent to a brisk walk for about an hour daily on most days. This research emphasizes the critical role of physical activity in improving health outcomes for cancer survivors.
Returning to broader news, Lakshmi Singh informs listeners about the escalating waste management crisis in Birmingham, England. The city, with a population exceeding one million, is grappling with overflowing trash bins and rampant rat infestations.
A resident, identified as "Vex," conveyed the severity of the situation to CNN:
"Today, garbage collectors in the city tried and again failed to reach a labor agreement. They're expected to try again tomorrow." [04:00]
The failure to secure a labor agreement has plunged the city into chaos, with streets burdened by rotting garbage and an overwhelming stench. The prolonged inability to manage waste effectively has not only degraded public health conditions but also tarnished the city's living standards.
The April 7, 2025 episode of NPR News Now provides comprehensive coverage of pressing issues ranging from economic policies and their societal impacts to significant health research and international crises. Through expert reporting and insightful commentary, the episode encapsulates the multifaceted challenges and developments shaping both the United States and the wider world.