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Dave Mattingly
Live from NPR News in Washington, I'm Dave Mattingly. Investors on Wall street and around the world remain rattled by fears of a lengthy global trade war prompted by President Trump's sweeping tariffs and subsequent moves by China. NPR's John Ruich says last week stock losses carried over into Asia.
John Ruich
Today, some of the biggest market moves were in greater China. Traders were getting their first chance to react to retaliatory measures announced by the Chinese government after markets here were closed on Friday. In Hong Kong, the Hang Seng index plunged more than 13%, its biggest one day fall since 1997, according to Reuters. Key indexes in mainland China ended the trading day off between about 7% and 10%. And stocks in Taiwan had their biggest one day drop ever, with the composite index index slumping 9.7%. From Australia to Thailand, markets across the region were rocked by sell offs. Japan's benchmark Nikkei index fell nearly 8% and South Korea's Kospi, which tracks large companies, sank 5.5%. John Ruich, NPR News, Beijing.
Dave Mattingly
Wall street futures are down sharply this morning. Dow futures are off more than 1200 points, or more than 3%. S&P and Nasdaq futures are off 3% to 3.5%. The Trump administration says due process looks different for people they say are members of gangs it deems as terrorist groups. That includes Ms. 13 and trend. That's what one Department of Homeland Security official is telling NPR. As NPR's Luke Garrett explains, DHS Assistant.
Trisha McLaughlin
Secretary Trisha McLaughlin notes that the Ms. 13 and Trend Aragua gangs were designated as terrorist organizations by President Trump. When asked about the number of deportations without hearings under the Trump administration, McLachlan said, quote, it's going to be more law enforcement sensitive.
DHS Spokesperson
Due process does look different because you're under terrorist authorities.
Trisha McLaughlin
When pressed about what this sort of due process looks like, the DHS spokesperson.
DHS Spokesperson
Said to give out intelligence reports just because these individuals are denying being members of these vicious gangs would undermine national security.
Trisha McLaughlin
One Maryland man was mistakenly deported to a prison in El Salvador. He's now being ordered back to the US By a federal judge. The administration is appealing the order. Luke Garrett, NPR News, Washington.
Dave Mattingly
Health and Human Services Secretary Robert F. Kennedy, Jr. Says he traveled to West Texas over the weekend to show support to families affected by the state's measles outbreak. A second unvaccinated child has died there from a measles related illness. Flood warnings are in effect this morning from areas of Ohio and West Virginia to Texas. At least 18 deaths are reported from recent days of stormy weather, including tornadoes and flash flooding. Most of the fatalities occurred in Tennessee. Last Thursday, an EF3 tornado damaged or destroyed hundreds of buildings in McNary county in Southwest Tennessee. This is NPR News. UConn is celebrating a record 12th national championship in women's college basketball. The Huskies rolled past defending national champion South Carolina yesterday, 82:59. It was UConn's first national title in nine years. The game was played in Tampa, Florida. The men's national championship game is tonight in Texas. The University of Houston will be seeking its first NCAA title when it takes on Florida at the Alamo Dome in San Antonio. As Greg Eklund reports, both teams are top seeds.
Greg Eklund
At age 69, Houston coach Kelvin Sampson could become the oldest coach to win a men's Division 1 basketball title. UConn coach Jim Calhoun was 68 when his team won in 2011. Sampson says he's been getting encouraging messages from seasoned coaches around the country.
Kelvin Sampson
They all kind of had similar messages to me, you know, you know, win one for the old guys or something like that.
Greg Eklund
Florida's third year head coach Todd golden is in the title game for the first time. Both teams enter the contest with 35 and four records. For NPR News, I'm Greg Eckland.
Dave Mattingly
Alex Ovechkin of the Washington Capitals is now the NHL's all time leading goal scorer. He put number 895 in the net yesterday in New York against the Islanders to pass the Great One. Wayne Gretzky. The Great Eight, as Ovechkin is known, broke Gretzky's record in career game number 1487, the same Gretzky played to score 894. I'm Dave Mattingly in Washington.
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Release Date: April 7, 2025
Host: Dave Mattingly, NPR
Duration: Approximately 5 minutes
Focus: Latest global and national news updates covering economics, politics, public health, natural disasters, and sports.
Timestamp: [00:16]
NPR’s John Ruich reports significant volatility in global financial markets driven by escalating trade tensions between the United States and China. Investors worldwide are on edge due to President Trump’s implementation of sweeping tariffs and China's retaliatory measures. This turmoil has had a pronounced effect on Asian markets, as highlighted by Ruich:
“In Hong Kong, the Hang Seng index plunged more than 13%, its biggest one day fall since 1997” – John Ruich, [00:36].
Major stock indices across mainland China saw declines ranging from 7% to 10%, while Taiwan experienced its largest single-day drop ever, with the composite index falling by 9.7%. The ripple effect extended to other regions, including Australia, Thailand, Japan, and South Korea, where key indexes such as Japan’s Nikkei and South Korea’s Kospi declined sharply by nearly 8% and 5.5% respectively.
Back in the United States, Wall Street futures reflected the global sentiment with Dow futures down over 1,200 points (more than 3%) and both S&P and Nasdaq futures off by 3% to 3.5%. This widespread market downturn underscores the pervasive anxiety among investors regarding the potential for a prolonged global trade war.
Timestamp: [01:19]
Dave Mattingly shifts focus to the Trump administration’s stringent immigration policies targeting specific gang affiliations deemed terrorist organizations. The Department of Homeland Security (DHS) has redefined due process for individuals associated with gangs such as MS-13 and Trendent, sparking controversy and legal challenges.
In an interview with NPR, DHS Assistant Trisha McLaughlin elaborates on the administration’s stance:
“It's going to be more law enforcement sensitive” – Trisha McLaughlin, [01:49].
A DHS spokesperson further explains the rationale behind the altered due process:
“Due process does look different because you're under terrorist authorities. To give out intelligence reports just because these individuals are denying being members of these vicious gangs would undermine national security.” – DHS Spokesperson, [02:05].
The administration’s approach has already led to significant legal battles, including the case of a Maryland man who was erroneously deported to a Salvadoran prison. A federal judge has ordered his return to the U.S., a decision the administration is currently appealing, as reported by Luke Garrett.
Timestamp: [02:34]
Health and safety issues dominate the next segment of the news. Health and Human Services Secretary Robert F. Kennedy, Jr. visited West Texas to support families affected by a severe measles outbreak, which tragically claimed the life of a second unvaccinated child.
Concurrently, severe weather warnings are in effect across multiple states, including Ohio, West Virginia, and Texas. The recent stormy weather has resulted in at least 18 fatalities, predominantly in Tennessee. Notably, last Thursday witnessed an EF3 tornado wreaking havoc in McNary County, Southwest Tennessee, destroying or damaging hundreds of structures.
These natural disasters have strained emergency services and highlighted the increasing frequency of extreme weather events in the region.
Timestamp: [02:34] – [04:29]
UConn Women's Basketball: The University of Connecticut (UConn) has clinched its 12th national championship in women's college basketball, defeating the defending champions South Carolina with a score of 82-59 in Tampa, Florida. This victory marks UConn’s first national title in nine years, showcasing their enduring dominance in the sport.
NCAA Men’s Basketball Championship: The excitement continues with the upcoming men’s national championship game scheduled for the evening in Texas. The University of Houston is set to challenge Florida at the Alamo Dome in San Antonio. Greg Eklund reports on the coaching narratives surrounding this event:
“At age 69, Houston coach Kelvin Sampson could become the oldest coach to win a men's Division 1 basketball title. Sampson says he's been getting encouraging messages from seasoned coaches around the country.” – Greg Eklund, [03:49].
Kelvin Sampson, potentially surpassing UConn’s Jim Calhoun who was 68 upon his 2011 title win, receives heartfelt support from his peers:
“They all kind of had similar messages to me, you know, win one for the old guys or something like that.” – Kelvin Sampson, [04:07].
Florida’s head coach, Todd Golden, enters the title game in his third year, marking his first appearance at this level. Both Houston and Florida come into the championship with impressive 35-4 records, setting the stage for a highly anticipated showdown.
NHL Record Breaker: In hockey news, Washington Capitals’ Alex Ovechkin has become the NHL’s all-time leading goal scorer. On April 6, 2025, Ovechkin scored his 895th goal in a game against the New York Islanders, surpassing Wayne Gretzky’s longstanding record of 894 goals. Achieving this milestone in his 1,487th career game cements Ovechkin’s legacy as one of the sport’s greatest, earning him the moniker “The Great Eight.”
Conclusion: This episode of NPR News Now delivered a succinct yet comprehensive overview of the day’s most pressing issues, from economic instability and immigration policy debates to public health crises, severe weather impacts, and monumental achievements in sports. Through clear reporting and insightful quotes, listeners are kept informed about the multifaceted events shaping the world on April 7, 2025.