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Lakshmi Singh
Live from NPR News, I'm Lakshmi Singh. Financial markets are rebounding after three days of steep losses. NPR's Scott Horsley reports. President Trump is touting a new round of negotiations with multiple trading partners.
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 business owners were feeling less bullish about the economic outlook. 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. Scott Horsley, NPR News, Washington.
Lakshmi Singh
President Trump spoke with the acting president of South Korea today about tariffs and said on social media that, quote, things are looking good. He said South Korea was sending a team to the US to try to negotiate a deal. It's the third leader that Trump has announced he has spoken with since his tariff announcement last week. Raised global economic wor. Iran disputes its upcoming talks with the Trump administration will be direct. Duri Bhaskaran has a reaction from Tehran after President Trump announced weekend plans to discuss Iran's nuclear program.
Duri Bhaskaran
In a press conference, Iran's government spokesperson Fatehma 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, Muhajirani 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.
Lakshmi Singh
Health and Human Services Secretary Robert F. Kennedy, Jr. Says he plans to tell the Centers for Disease Control and Prevention to stop recommending fluoride in drinking water. NPR as Maria Godoy reports on Kennedy's remarks to the Associated Press during a visit to Utah yesterday, this year Utah.
Maria Godoy
Banned adding fluoride to public water systems. Kennedy says he's assembling a task force to study and make a new recommendation on fluoride. Meanwhile, the Environmental Protection Agency announced it would start a review of the scientific information on, quote, potential health risks of fluoride in drinking water. Fluoride is commonly added to drinking water to prevent tooth decay. It's considered a great public health success. Research has found fluoride is not harmful at the levels recommended in the US Drinking water supply, but data does show the possibility of harms to children's neurodevelopment when the fluoride levels are more than twice what's recommended.
Lakshmi Singh
Maria Godoy reporting. It's NPR. President Trump takes executive action today to boost the U.S. s struggling coal industry. He is expected to relax mining and leasing restrictions and examine ways coal can power energy hungry artificial intelligence data centers. When former President Biden was in office, he sought to phase out coal and other fossil fuels its scientists say are large contributors to global warming and its catastrophic effects. A proposed legal settlement that could transform the business of college sports is on the brink of approval after a hearing in federal court. If approved, the House settlement would allow schools to pay student athletes directly for the first time ever. Here's NPR's Becky Sullivan.
Becky Sullivan
Hundreds of thousands of current and former Division 1 student athletes are plaintiffs in the class action case. The defendants are the NCAA in five of its biggest conferences. The proposed settlement would allow schools to share millions of dollars in revenue and payments to players, and it would distribute more than 2 billion in damages to athletes who played before licensing deals were allowed. Federal Judge Claudia Wilkin did not immediately approve the settlement. She asked the lawyers who negotiated it to address concerns raised in the hearing, especially about limits that the settlement would impose that could cost some athletes their spots on teams. The response is due in a week. The judge's final approval could follow shortly after. Becky Sullivan, NPR News.
Lakshmi Singh
The Dow Jones industrial average is up 953 points, or roughly 2.5%, at 38,919. I'm Lakshmi Singh, NPR News.
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NPR News Now: April 8, 2025, 12PM EDT – Comprehensive Summary
Financial Markets Rebound Amid Trade Negotiations
The financial markets showed significant resilience, rebounding after experiencing three consecutive days of steep losses. Host Lakshmi Singh introduced the segment by highlighting this upward trend, signaling a cautious optimism among investors. Scott Horsley delved deeper into the factors driving this recovery, focusing on President Trump's initiation of new trade negotiations with multiple international partners.
Horsley explained, "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" (00:40). Despite the impending tariffs, there is hope that diplomatic efforts could mitigate adverse economic impacts. President Trump has indicated that several U.S. trading partners are keen to reach an agreement, although he remains non-committal regarding the concessions the U.S. might offer in return.
The broader economic sentiment among small business owners remains subdued. Horsley noted, "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... is now just below its long-run average" (00:40). This dip reflects growing unease within the entrepreneurial community amidst ongoing trade tensions.
International Relations: Trade Talks and Nuclear Negotiations
President Trump's recent discussions extend beyond trade agreements. He has actively engaged with international leaders to address various geopolitical issues.
In a conversation with the acting president of South Korea, Trump mentioned positive developments, stating that "things are looking good" (01:17). He also announced that South Korea is dispatching a team to the U.S. to negotiate a deal, marking the third leader he has communicated with since the tariff announcement.
However, relations with Iran remain strained. Duri Bhaskaran reported from Tehran, "In a press conference, Iran's government spokesperson Fathima Mohajerani insisted that talks with the U.S. Government will be indirect, held through a mediator" (01:47). Mohajerani emphasized Iran's commitment to negotiations, provided the discourse remains respectful. This stance comes after President Trump warned of significant dangers for Iran if it does not abandon its nuclear weapons program. Since the U.S. withdrawal from the landmark nuclear accord in 2018, Iran has intensified its efforts to enrich weapons-grade uranium, heightening global economic and security concerns.
Health Policy: Controversy Over Fluoride in Drinking Water
Health and Human Services Secretary Robert F. Kennedy Jr. has stirred controversy by announcing plans to instruct the Centers for Disease Control and Prevention (CDC) to cease its recommendations on fluoride in drinking water. Maria Godoy reported, "Kennedy says he's assembling a task force to study and make a new recommendation on fluoride" (02:27).
This initiative aligns with Utah's recent decision to ban the addition of fluoride to public water systems. Kennedy's stance challenges long-standing public health policies aimed at preventing tooth decay. The Environmental Protection Agency (EPA) has also responded by initiating a review of the scientific data concerning "potential health risks of fluoride in drinking water" (02:43). While fluoride is widely regarded as a public health success at preventing dental issues, current research suggests that excessive fluoride levels—more than twice the recommended amount—may pose risks to children's neurodevelopment.
Energy Sector and Collegiate Sports: Policy Shifts and Legal Settlements
In energy news, President Trump has taken executive action to bolster the struggling coal industry. This move is expected to "relax mining and leasing restrictions and examine ways coal can power energy-hungry artificial intelligence data centers" (03:21). This policy reversal contrasts sharply with former President Biden's administration, which aimed to phase out coal and other fossil fuels contributing to global warming.
Meanwhile, a landmark legal settlement in college sports is nearing approval following a federal court hearing. Becky Sullivan reported, "The proposed settlement would allow schools to share millions of dollars in revenue and payments to players, and it would distribute more than $2 billion in damages to athletes who played before licensing deals were allowed" (04:13). This class action case involves hundreds of thousands of current and former Division I student-athletes against the NCAA and its major conferences. Federal Judge Claudia Wilkins has yet to approve the settlement, requesting further clarifications on concerns that the agreement might impose restrictions potentially jeopardizing athletes' positions on teams. The final approval is anticipated shortly after the response deadline.
Market Update: Dow Jones Surges
Concluding the episode, Lakshmi Singh provided a brief market update, stating, "The Dow Jones industrial average is up 953 points, or roughly 2.5%, at 38,919" (04:52). This substantial gain reflects the day's positive momentum in the financial markets.
This summary encapsulates the key discussions and insights from the April 8, 2025, episode of NPR News Now, offering a comprehensive overview for listeners and non-listeners alike.