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Giles Snyder
Live from NPR News in Washington, I'm Giles Snyder. A 25% tariff on imported auto parts is now in effect. President Trump has offered automakers a partial reprieve, but as NPR's Camilla Dominosky reports, the tariffs are still expected to have a major impact on the auto industry.
Camila Domonosky
This week, President Trump announced that automakers importing foreign parts for US Built cars could get reimbursed for some tariffs temporarily in recognition of the fact that it's not possible to build a car with exclusively US Parts right now. The industry welcomed the changes, but the tariffs are still expected to cut profits and drive up prices. The reprieve doesn't extend to anyone buying parts for repairs, so the tariff will make it more costly to maintain existing cars as well as sending insurance prices, which have been rising for several years, up even higher. Camila Domonosky, NPR News.
Giles Snyder
Trump's tariffs are expected to be on the agenda as Berkshire Hathaway CEO Warren Buffett hosts his annual shareholder meeting today in Omaha. Buffett, one of the world's most closely watched investors. He's expected to take the stage this hour. President Trump is downplaying concerns about an economic slowdown. In an interview for NBC's Meet the Press, Trump said he is not worried about a recession, but NPR's Tamra Keith reports. He also acknowledged there could be short term pain for the country.
Tamara Keith
NBC's Kristen Welker asked Trump about concerns being voiced by some on Wall street that the US could be headed for a recession. The economy had negative growth in the first quarter of this year, and that was before Trump launched his global trade war. Trump insisted there are others on Wall street who say quot this will be the greatest windfall to ever happen.
Donald Trump
Is it okay in the short term to have a recession? Look, yeah, everything's okay. What we are. I said this is a transition period. I think we're going to do fantastically.
Tamara Keith
Trump administration officials say they expect to strike trade deals soon, but so far none have materialized. Tamara Keith, NPR News.
Giles Snyder
American Academy of pediatric spokesperson Dr. Molly O'Shea says a sharp rise in pediatric flu deaths in the United States can at least be partly traced back to falling vaccination rates.
Dr. Molly O'Shea
The vaccine's not perfect. It doesn't necessarily always prevent children from getting influenza, but the vaccine is really good at preventing severe disease and death. And by foregoing vaccination, we're seeing the evidence of that in this rising number of deaths each year.
Giles Snyder
The Centers for Disease Control and Prevention says 216 children have died this flu season, the most since the swine flu pandemic 15 years ago. And officials warn that number is likely to rise further. The CDC says the vaccination rate is down 64 from 64% five years ago to 49% this season. This is NPR. A research team has developed a new approach they say could one day lead to a universal antivenom against venomous snakes. NPR's Ari Daniel has more.
Jacob Glanville
Jacob Glanville, the CEO of the company Centivex, wondered about producing a universal antivenom by finding a person who'd been exposed to lots of different venoms. He eventually found someone who'd been bitten some 200 times.
Camila Domonosky
If anybody has broken through the problem of getting the immune system to focus, it's this guy.
Jacob Glanville
Glanville scoured this man's blood for antibodies that neutralized multiple venoms. And when he and his team combined two of the best ones, along with another molecule, the result offered mice complete protection against multiple species of venomous snakes from all over the world. Soon, the researchers plan to expand their coverage to include Ari Daniel, NPR News.
Giles Snyder
19 thoroughbreds are expected to run the 151st Kentucky Derby this evening. Louisville Public Media's Amnaliha reports.
Aminah Elahi
Three year old Bay colt journalism is coming off a string of back to back victories. He's considered the favorite for this year's Derby, but he's not the only industry named contender. Publisher is more of a long shot. A key feature of the Derby experience is betting on the race. Churchill Downs says wagers topped $200 million last year in this first RA of the Triple Crown. $5 million are up for grabs for the top five finishers. Post time for the Kentucky Derby is 6:57pm Eastern. For NPR News, I'm Aminah Elahi in Louisville.
Giles Snyder
And I'm Giles Snyder. This is NPR News from Washington.
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Host: NPR
Episode: NPR News: 05-03-2025 9AM EDT
Release Date: May 3, 2025
Giles Snyder opens the episode with significant developments in the automotive sector. A 25% tariff on imported auto parts has been implemented, affecting the manufacturing dynamics of U.S.-built cars. Camila Domonosky provides an in-depth analysis, highlighting the administration's partial reprieve for automakers.
“We're recognizing that it's not possible to build a car with exclusively US parts right now,” Domonosky explains at 00:43, indicating that while the industry welcomes the temporary relief, the tariffs are poised to reduce profits and increase consumer prices. Additionally, the reprieve does not cover parts used for repairs, leading to higher maintenance costs and contributing to the ongoing rise in insurance premiums.
Moving to the broader economic landscape, Giles Snyder notes that Warren Buffett’s annual shareholder meeting is set to discuss the impact of Trump’s tariffs. In an interview with NBC's Meet the Press, President Trump addresses fears of an impending recession. Despite Wall Street's apprehensions, Trump remains optimistic.
At 02:10, Trump states:
“Is it okay in the short term to have a recession? Look, yeah, everything’s okay. What we are. I said this is a transition period. I think we're going to do fantastically.”
Tamara Keith adds that while the administration is hopeful about striking new trade deals soon, none have materialized yet. Trump acknowledges potential short-term economic pain but maintains confidence in long-term outcomes.
A concerning public health issue is raised by Dr. Molly O'Shea, spokesperson for the American Academy of Pediatrics, who attributes the rise in pediatric flu deaths to declining vaccination rates. At 02:42, Dr. O'Shea emphasizes:
“The vaccine’s not perfect. It doesn’t necessarily always prevent children from getting influenza, but the vaccine is really good at preventing severe disease and death. And by foregoing vaccination, we're seeing the evidence of that in this rising number of deaths each year.”
The Centers for Disease Control and Prevention (CDC) reports that 216 children have died this flu season, the highest since the swine flu pandemic 15 years ago. Vaccination rates have dropped from 64% five years ago to 49% this season, a trend that officials warn could worsen if not addressed.
In a remarkable scientific advancement, a research team led by Jacob Glanville, CEO of Centivex, is pioneering a universal antivenom capable of neutralizing venom from a variety of snake species worldwide. At 03:49, Camila Domonosky remarks:
“If anybody has broken through the problem of getting the immune system to focus, it’s this guy.”
Glanville discovered an individual who had endured over 200 snake bites, allowing his team to isolate antibodies effective against multiple venoms. By combining these antibodies with another molecule, the team achieved complete protection in mice against diverse venoms. The researchers are optimistic about expanding this breakthrough to cover more venom types, potentially revolutionizing treatment for snakebite victims globally.
Shifting to sports, the 151st Kentucky Derby is set to feature 19 thoroughbred contenders. Aminah Elahi from Louisville Public Media provides insights into the race dynamics.
At 04:26, Elahi notes:
“Three-year-old bay colt Journalism is coming off a string of back-to-back victories. He's considered the favorite for this year's Derby, but he's not the only industry-named contender. Publisher is more of a long shot.”
Betting remains a central aspect of the Derby experience, with Churchill Downs reporting wagers exceeding $200 million in the previous Triple Crown season. This year's Derby offers $5 million for the top five finishers. The race’s post time is scheduled for 6:57 PM Eastern, promising another thrilling event for horse racing enthusiasts.
Giles Snyder wraps up the episode, reinforcing the breadth of coverage NPR provides on pressing national and international issues, from economic policies and public health crises to scientific breakthroughs and major sporting events.
This summary encapsulates the key discussions and insights presented in the NPR News Now episode from May 3, 2025, ensuring listeners are well-informed on crucial topics without needing to access the original podcast.