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Live from NPR News in Washington, I'm Dan Ronan.
In a celebratory Rose Garden ceremony, President Trump announced he will be imposing tariffs
of at least 10 percent on virtually all imports to the U.S.
As NPR's Tamara Keith reports, this is something Trump has been promising to do for years despite
warnings from economists.
The 10 percent tariff is across the board, but in countries with higher trade barriers,
Trump says the tariff rate will go much higher.
For instance, 49% for Cambodia and 37% for Bangladesh,
a country that produces a lot of clothing
bought by U.S. consumers.
Trump says the goal is to supercharge manufacturing
in the U.S.
My answer is very simple if they complain.
If you want your tariff rate to be zero zero then you build your product right here in America
because there is no tariff if you build your plant your product in America. But
building in America is usually more expensive. Economists warn American
consumers will likely see higher prices and the economy could suffer.
Tamara Keith NPR News. President Trump says
another major law firm has reached a deal to avoid being targeted with a
punitive executive order. The latest firm to cut a deal is Millbank LLP which
Trump says has agreed to provide millions of dollars in free legal work
on issues supported by both the firm and the White House. NPR's Ryan Lucas reports.
President Trump is waging a campaign against big law firms that he accuses
of weaponizing the justice system. Trump has issued executive orders that punish
specific law firms because they've represented clients or issues unfavorable
to the president. Three of the targeted firms have sued and won court orders
temporarily blocking Trump's actions. Other firms though have, have opted to reach an agreement with Trump.
With today's deal, Milbank is now the fourth to do so.
In a social media post, Trump says Milbank will, among other things,
provide at least $100 million in pro bono legal services
to causes that both Trump and the firm support.
Milbank's chairman, Scott Edelman, says the agreement is consistent with the
firm's core values. Ryan Lucas, NPR News, Washington.
Violent weather is roaring through parts of the south and the Midwest. Heavy rains and
high winds were reported in Missouri, Illinois and Kentucky. The National Weather Service
has a tornado touchdown in Vernon County, Missouri, Wednesday with winds of 100 miles
per hour and the tornado stayed on the ground for 17 miles. Witness Ramon Austin said he ran for
cover when he heard the sirens. It got real quiet and then you hear just like
they say that that that train that sound without the whole without the whistle
just that and it got louder and louder.
The sheriff says that there is significant damage, but no deaths on wall street.
They are waiting to see what will happen with tariffs. The Dow is down 950 points in pre-market trading.
This is NPR news in Washington.
The food and drug administration has missed a deadline for granting full approval to one of the COVID-19 vaccines. More from NPR's Rob Stein.
A company called Novavax says the FDA was supposed to act on the company's request to grant full approval to the firm's COVID-19 vaccine by Tuesday.
But Novavax says the company still hasn't heard from the FDA.
The Novavax vaccine has been made available to people under a so-called emergency use
authorization but Novavax had sought full approval for the shot.
The FDA has already given full approval to the mRNA COVID-19 vaccines made by Pfizer
and BioNTech and Moderna.
The Novavax vaccine uses a more traditional technology.
The FDA did not immediately respond to a request for comment.
Rob Stein, NPR News.
Washington capitals winger Alex Ovechkin nowages three goals
from becoming the National Hockey League all-time scoring leader.
He scored his 892nd career goal Wednesday night at
a 5-1 loss against Carolina. Despite missing several weeks with a broken leg,
Ovechkin already has 39 goals this season. The Trump administration confirms
that Amazon has put in a bid to buy the Chinese social media platform TikTok. The
move comes as the US ban on TikTok is set to take effect on Saturday.
The official, who was not authorized to speak publicly, said this offer came in a letter
to Vice President J.D. Vance and the Commerce Secretary Howard Lutnick.
From Washington, this is NPR News.
I'm Dan Ronan.
