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Korva Coleman
From NPR News in Washington, I'm Korva Coleman. President Trump is marking his first 100 days in office today. Tonight, he'll hold a rally outside Detroit to tout his accomplishments since taking office. Treasury Secretary Scott Besant talked with reporters at the White House this morning. He says Trump's tariffs on foreign imports will help bring back US Manufacturing. Besant says the tariff war between the US And China is one that China cannot win because China could quickly lose up to 10 million jobs.
Scott Besant
We are the deficit country. They sell almost five times more goods to us than we sell to them. So the onus will be on them to take off these tariffs. They're unsustainable for them.
Korva Coleman
Stocks open mixed this morning. NPR's Scott Horsley reports. The Dow Jones industrial average has fallen a little more than 7% since Inauguration Day.
Scott Horsley
One of the goals of President Trump's trade war is to close the nation's trade deficit. But new figures from the Commerce Department show the deficit widened in March as US Businesses and consumers raced to get ahead of the president's tariffs. Exports and imports both rose during the month. Imports jumped a lot more. The Trump administration is relaxing some of its tariffs on imported auto parts. General Motors postponed a conference call to discuss its economic outlook so company officials can assess the change. Coca Cola sales dropped 2% during the most recent quarter, but the soft drink giant says profits were up. Coke says the effects of tariffs on its business are likely to be manageable. Scott Horsley, NPR News, Washington.
Korva Coleman
The White House is criticizing a plan by big tech company Amazon. The online retailer apparently plans to show customers the amount of money that tariffs will add to the final cost of their purchases. The White House spokeswoman says President Trump has declared that this is a hostile and political act by Amazon. The spokeswoman says Amazon's site does not show the effect of inflation on prices. Amazon is a financial supporter of npr. A new NPR analysis has found that President Trump has targeted more than 100 opponents and perceived enemies in his first 100 days in office. NPR's Tom Dreisbach has more.
Tom Dreisbach
The Trump administration has used government power against a wide range of targets, including law firms, universities, media organizations and student protesters. Trump has also personally ordered criminal investigations into former officials he considers disloyal. Sean Brennan is a former federal prosecutor who was fired for prosecuting people who attacked the Capitol on January 6, 2021.
Sean Brennan
I was retaliated against for taking actions that were well within the law but that were politically unfavorable to the people in charge.
Tom Dreisbach
The White House maintains that Trump is ending the weaponization of government while also getting accountability. Tom Dreisbach, NPR News.
Korva Coleman
On Wall street, the dow is up 130 points. This is NPR. Illinois State Police say yesterday's deadly car crash near Springfield does not appear to be an intentional act. A motorist drove a car into a building that was hosting an after school program for students. Three children and a young adult were killed. Erica Jo was a witness. She says the vehicle smashed all the way through the building.
Erica Jo
There's a perfect entry hole and a perfect exit hole, almost like a bullet wound would be.
Korva Coleman
Authorities say the driver has not been identified and was taken to a hospital for evaluation. The U.S. navy says an incident at sea that resulted in the loss of a fighter jet is being investigated. NPR's Giles Snyder reports the jet slipped off the hangar deck of an aircraft carrier.
Giles Snyder
The Navy says the incident happened in the Red Sea aboard the USS Harry Truman, which has been involved in launching airstrikes against Yemen's Iran backed Houthi rebels. In a statement, the Navy says sailors were towing an F A 18E Super Hornet into place when they lost control and the jet fell overboard along with a small towing tractor. Sailors sustained a minor injury. The Houthi rebels claim to have launched an attack on the carrier group. And there are reports that Truman made a hard turn to evade Houthi fire, but it's unclear if that contributed to what happened. And the Navy says the Truman strike group remains fully mission capable. Super Hornets cost at least $60 million each. Giles Snyder, NPR News.
Korva Coleman
Thousands of Los Angeles city workers are in the middle of a two day strike. They're demanding that the city fairly negotiate their next contract. Talks have been moving slowly. I'm Korva Coleman, NPR News from Washington.
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Host: Korva Coleman
Date Released: April 29, 2025
President Donald Trump celebrates his first 100 days in office with a rally scheduled outside Detroit tonight to highlight his achievements. In a recent interview, Treasury Secretary Scott Besant defended Trump's tariff policies, emphasizing their role in revitalizing American manufacturing.
Scott Besant [00:45]: "We are the deficit country. They sell almost five times more goods to us than we sell to them. So the onus will be on them to take off these tariffs. They're unsustainable for them."
Besant argues that the ongoing trade war with China is unfavorable for the latter, predicting significant job losses if tariffs persist.
Stock Market Movement:
The Dow Jones Industrial Average has experienced a decline of over 7% since Inauguration Day, opening mixed this morning.
Trade Deficit Concerns:
NPR's Scott Horsley reports that the U.S. trade deficit widened in March, contrary to one of the Trump administration's goals of reducing it through tariffs. Both exports and imports increased, with imports rising more sharply.
Scott Horsley [01:00]: "One of the goals of President Trump's trade war is to close the nation's trade deficit. But new figures from the Commerce Department show the deficit widened in March as US Businesses and consumers raced to get ahead of the president's tariffs."
In response, the administration is easing some tariffs on imported auto parts. Major companies like General Motors and Coca-Cola are adjusting to these changes. Coca-Cola reported a 2% drop in sales for the recent quarter but maintained that profits remained up and that tariff impacts are manageable.
The White House has taken issue with Amazon’s initiative to display the additional costs tariffs impose on consumer purchases. A spokesperson labeled Amazon's move as a "hostile and political act."
Korva Coleman [01:50]: "The White House spokeswoman says President Trump has declared that this is a hostile and political act by Amazon."
This criticism comes despite Amazon being a financial supporter of NPR.
A new analysis by NPR reveals that President Trump has targeted over 100 individuals and organizations deemed opponents or enemies within his first 100 days. Targets include law firms, universities, media outlets, and student protesters. The administration has also initiated criminal investigations against former officials considered disloyal.
Sean Brennan [02:53]: "I was retaliated against for taking actions that were well within the law but that were politically unfavorable to the people in charge."
The White House counters these actions by asserting that Trump is combating the "weaponization of government" while promoting accountability.
A tragic incident occurred near Springfield, where a motorist drove into a building housing an after-school program, resulting in the deaths of three children and a young adult. Illinois State Police have yet to identify the driver, who was transported to a hospital for evaluation.
Erica Jo [03:36]: "There's a perfect entry hole and a perfect exit hole, almost like a bullet wound would be."
Authorities initially believe the crash was not intentional.
An F/A-18E Super Hornet fighter jet was lost when it slipped off the hangar deck of the USS Harry Truman in the Red Sea. The incident occurred during operations against Yemen's Houthi rebels. While the Houthi forces claimed responsibility, the Navy has indicated that evasive maneuvers may have played a role.
Giles Snyder [03:43]: "The Navy says sailors were towing an F A 18E Super Hornet into place when they lost control and the jet fell overboard along with a small towing tractor."
The Super Hornet, valued at over $60 million, resulted in minor injuries to sailors. The USS Harry Truman strike group remains operational.
Thousands of city workers in Los Angeles are currently on a two-day strike, demanding fair negotiations for their upcoming contracts. Progress in talks has been slow, prolonging the work stoppage.
This summary encapsulates the key discussions and updates from the April 29, 2025, episode of NPR News Now. For more detailed coverage, listeners are encouraged to tune into the full broadcast.