Loading summary
NPR Sponsor Announcer
This message comes from Pemco Mutual Insurance Company. Their mission is to help customers worry less and live more. So they're sharing prevention tips that empower you to prevent some of life's pitfalls before they happen. Visit pemco.com prevention live from NPR News.
Korva Coleman
In Washington, I'm Korva Coleman. Stocks regained some ground this morning after three days of heavy losses. NPR's Scott Horsley reports. The Dow Jones industrial average jumped more than 1300 points in early trading.
Scott Horsley
Steep new tariffs on many imported goods are set to take effect tomorrow. But investors are crossing their fingers that the economic fallout from the trade war might be tempered through negotiations. President Trump has said many U.S. trading partners are eager to make a deal, although Trump is non committal on what he's willing to offer in return. Even before Trump's big tariff announcement last week, many small business owners were feeling less bullish about the economic outlook. The Small Business Optimism Index, compiled by a national federation of business owners think, fell last month and is now just below its long run average. Asian stocks were higher overnight after a big drop on Monday. Scott Horsley, NPR News, Washington.
Korva Coleman
President Trump has insisted that he wants other countries to change their tariff policies toward the US Writing online this morning, Trump said that he has talked with South Korea's leader today and says South Korea is sending a team to Washington to negotiate a deal. But NPR's Tamara Keith says China is not doing that.
Tamara Keith
They slapped a retaliatory tariff on the US After Trump's announcement last week. Trump is saying that if they don't reverse course, he will hike the tax on Chinese imports even higher for a grand total of a 104% tariff. China isn't backing down, though, and overnight its commerce ministry accused the US of blackmail, saying in a statement, quote, china will fight till the end.
Korva Coleman
NPR's Tamara Keith reporting. The U.S. supreme Court is backing President Trump's use of a wartime power to deport people the administration claims are Venezuelan gang members. The court said any person being deported needs to object in the state where they're being detained. But the justices ruled that deportees need to be told ahead of time they will be removed and given time to challenge their deportation. President Trump has said his administration will open direct talks with Iran this weekend. He says it will be over Iran's nuclear program, but officials in Iran are partly disputing that. They say the talks will be indirect. Reporter Duri Buskiran has more.
Dari Busgaran
In a press conference, Iran's government spokesperson Fatemah Mohajarani insisted that talks with the US Government will be indirect held through a mediator. And in Oman, as we have said before, we fundamentally believe in negotiations, mahajarani said. If the language that's used is respectful, we will negotiate. On Monday, Trump warned that Iran would be in great danger if the country does not abandon its nuclear weapons program. Iran ramped up its efforts to enrich weapons grade uranium after Trump unilaterally withdrew the U.S. from a landmark nuclear accord back in 2018. For NPR News, I'm Dari Busgaran.
Korva Coleman
This is NPR. The White House says President Trump will sign an executive order today on coal. Earlier news reports said Trump will direct the Energy Energy Department to find if coal is a critical mineral. The action will reportedly also instruct the government to find ways to boost the US Coal industry. Flooding remains a strong threat in many states from Ohio to Texas. This comes after several days of intense storms and tornadoes killed 23 people across the region. There's been so much rain that many rivers remain at major flood stage. A Texas biotech company says it has created creatures with key features of an extinct species, the dire wolf. NPR's Rob Stein has details.
Rob Stein
Colossal Biosciences in Dallas says company scientists edited the genes of gray wolves to breed animals with key traits of dire wolves. Dire wolves have been extinct for more than 12,000 years and were featured in the HBO series Game of Thrones. The Colossal scientists created embryos from genetically modified gray wolf cells and then implanted them into female dogs. The surrogate mother dogs gave birth to three healthy wolves with dire wolf traits. The company named the animals Romulus, Remus and Khaleesi. Colossal hopes to do something similar with other extinct species, including the woolly mammoth. Rob Stein in Pierre News.
Korva Coleman
The University of Florida has won the NCAA men's basketball championship. They beat Houston last night 65 to 63. This is NPR.
NPR Sponsor Announcer
This message is brought to you by NPR sponsor Shopify. It's 2025, a new year with new opportunities. The best time to start your new business is right now. Go to shopify.com NPR allovercase to sign up for a $1 per month trial period today.
NPR News Now: Detailed Summary of April 8, 2025, Episode
Hosted by NPR, this episode of NPR News Now delivered a comprehensive overview of the latest national and international developments, spanning economic trends, geopolitical tensions, legal decisions, environmental concerns, scientific advancements, and notable achievements in sports.
[00:16]
Korva Coleman opened the episode from Washington, highlighting a significant recovery in the stock market. After enduring three consecutive days of heavy losses, the Dow Jones Industrial Average surged by over 1,300 points in early trading. This uptick reflects investor optimism despite ongoing economic challenges related to trade policies.
[00:28]
Scott Horsley provided further insights, noting the imminent implementation of "steep new tariffs on many imported goods set to take effect tomorrow". Investors remain hopeful that the adverse economic impacts of the trade war might be mitigated through ongoing negotiations. President Trump has indicated that "many U.S. trading partners are eager to make a deal," although he remains non-committal regarding specific concessions.
However, the economic sentiment among small business owners appears subdued. The Small Business Optimism Index, compiled by a national federation of business owners, "fell last month and is now just below its long-run average," signaling cautious outlooks within the sector. Additionally, Asian stocks rebounded overnight following a significant decline on Monday, suggesting a regional stabilization in financial markets.
[01:09]
Addressing international trade relations, Korva Coleman reported on President Trump's recent interactions with global trading partners. Notably, President Trump stated that he has engaged in discussions with South Korea's leader, indicating that "South Korea is sending a team to Washington to negotiate a deal." This move underscores the administration's active pursuit of favorable trade agreements amid rising tensions.
[01:28]
Tamara Keith delved into the deteriorating relationship between the U.S. and China. Following Trump's tariff announcement last week, China retaliated by imposing additional tariffs on U.S. goods. Trump has escalated the threat, declaring that if China does not alter its tariff policies, he will increase the tax on Chinese imports to a total of 104%. In response, China's commerce ministry accused the U.S. of blackmail, asserting, "China will fight till the end." This exchange highlights the intensifying trade war and the challenges in reaching a swift resolution.
[01:51]
The U.S. Supreme Court issued a ruling supporting President Trump's use of wartime powers to deport individuals deemed to be Venezuelan gang members. The Court emphasized that "any person being deported needs to object in the state where they're being detained." Additionally, the justices mandated that deportees "need to be told ahead of time they will be removed and given time to challenge their deportation." This decision balances the administration's efforts to enforce immigration policies with procedural safeguards for those affected.
[01:51] & [02:32]
President Trump announced plans to initiate direct negotiations with Iran concerning the country's nuclear program. However, this declaration faces skepticism from Iranian officials. Reporter Dari Busgaran reported that **Iran's government spokesperson, Fatemah Mohajarani, insisted that any talks with the U.S. "will be indirect and held through a mediator in Oman." She stated, "If the language that's used is respectful, we will negotiate."
Trump has warned that "Iran would be in great danger if the country does not abandon its nuclear weapons program," a stance that comes after Iran intensified its efforts to enrich weapons-grade uranium following the United States' unilateral withdrawal from the 2018 nuclear accord. The contrasting positions underscore the complexities in restarting diplomatic engagements between the two nations.
[03:12]
In an unexpected policy move, Korva Coleman reported that the White House announced President Trump would sign an executive order targeting the coal industry. Initially reported to direct the Energy Department to determine if coal qualifies as a "critical mineral," the order also aims to "find ways to boost the U.S. coal industry." This initiative reflects the administration's commitment to revitalizing traditional energy sectors amidst broader environmental and economic debates.
[03:12]
The episode addressed the escalating environmental crisis as Korva Coleman highlighted ongoing severe flooding across numerous states, including Ohio and Texas. Recent days have seen intense storms and tornadoes claiming 23 lives in the region. Accumulated rainfall has led many rivers to remain at major flood stage, posing significant risks to communities and infrastructure. The situation necessitates urgent attention to emergency response and long-term environmental strategies.
[03:59]
In a groundbreaking scientific achievement, Rob Stein reported that Colossal Biosciences, a Dallas-based biotech company, has successfully engineered creatures exhibiting key characteristics of the extinct dire wolf. By editing the genes of gray wolves, the company created embryos with dire wolf traits, which were then implanted into surrogate female dogs. This process resulted in the birth of three healthy wolves named Romulus, Remus, and Khaleesi. Colossal Biosciences aspires to extend this technology to revive other extinct species, including the woolly mammoth, marking a significant advancement in genetic engineering and de-extinction efforts.
[04:44]
Concluding the episode on a celebratory note, Korva Coleman announced that the University of Florida secured the NCAA men's basketball championship, narrowly defeating Houston with a score of 65 to 63. This victory marks a significant achievement for the university's athletic program and adds to the national sports conversation.
This episode of NPR News Now encapsulated a broad spectrum of current events, offering listeners a succinct yet thorough understanding of the day's most pressing issues and achievements.