NPR News Now - NPR News: 04-09-2025 4PM EDT

Episode Date: April 9, 2025

NPR News: 04-09-2025 4PM EDTLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Having news at your fingertips is great, but sometimes you need an escape. And that's where Shortwave comes in. We're a joy-filled science podcast driven by wonder and curiosity that will get you out of your head and in touch with the world around you. Listen now to Shortwave, the science podcast from NPR. Live from NPR News, I'm Lakshmi Singh. In the week since, President Trump announced a raft of tariffs on all imports. Investors watch markets take a nosedive, then rally as they've done today on news of a 90-day tariff reprieve for most countries.

Administration officials have been saying this was all part of President Trump's strategy to promote a level playing field. We have a big job to do. No other president would have done what I did. No other president. I know the president. They wouldn't have done it. And it had to be done. However, moments ago, Trump was asked whether the trouble in the bond market persuaded him to reverse course. Bond market is very tricky. I was watching it. But if you look it now it's it's beautiful. The bond market right now is beautiful but yeah I saw last night where people were getting a

little queasy. The bond market has strengthened slightly based on the 90 day delay on the newest reciprocal tariffs however 10% universal tariffs are still in effect. We see the Dow's closed up more than 2,900 points or more than 7% the S&P was up nine and a half percent the NAS Dow's closed up more than 2,900 points or more than 7%. The S&P was up 9.5%. The NASDAQ closed up more than 12%. We have more from NPR's Maria Aspin. After days of panic on Wall Street and around the world, President Trump abruptly offered a temporary partial reprieve. In a post on social media, he says that more than 75 countries are seeking to negotiate new trade deals with the United States.

Trump did escalate his trade war with China, adding that he would immediately hike the taxes on Chinese imports to 125%. But investors heaved a huge sigh of relief. All the major stock indices jumped after days of turmoil in global markets and increasingly public warnings from businesses and CEOs about the economic damage Trump's tariffs could cause. Maria Aspin, NPR News, New York. Well, small business owners in the U.S. are welcoming the 90-day tariff pause. Some say, though, they are still on edge.

NPR's Windsor Johnston spoke to entrepreneurs in Western North Carolina who are working to rebuild their companies in the aftermath of Hurricane Helene. Wendy Berg is the co-owner of Dry Ridge Farm, a small poultry and livestock operation in Mars Hill, North Carolina. She says the pause on tariffs has given her some relief, but she's still worried. The uncertainty of it all is a super stressful way to run a business. I can look at my budget, but I have no idea how to shift what I'm doing because who knows what decisions will be made. After losing critical infrastructure after Hurricane Helene, Berg says she's concerned

about rising costs, supply chain delays, and the increasing uncertainty about what will come next. Windsor-Johnston NPR News. The Dow's close up 2,963 points at 40,608. It's NPR News. The wife of a Maryland man who was mistakenly deported to El Salvador met with congressional Democrats today. More from NPR's Joel Rose.

Jennifer Vasquez-Sura spoke on Capitol Hill exactly four weeks after her husband, Kilmar Abrego Garcia, was, in her word, disappeared by the Trump administration. I'm still fighting for you. Your brother, your mother, our children, are still fighting for you. Your brother, your mother, our children are still fighting for you. The Trump administration says Abrego Garcia was deported because of a quote, administrative error, but the Justice Department argues it cannot bring him back because he is already in a Salvadoran prison. A federal judge in Maryland rejected that argument and ordered the administration to

return him to the U.S. But Chief Justice John Roberts put that order on hold while the Supreme Court considers the matter. Joel Rose, NPR News, Washington. Danielle Pletka Egyptologists are hoping a popular YouTube star's trip to the Great Pyramids will spur more interest in archaeology, NPR's Netta Ulubi. Danielle Pletka Mr. Beast, otherwise known as Jimmy Donaldson, got massive on social media for his wild stunts. This one came with help from the Egyptian government.

I somehow have unrestricted access to all the great pyramids of Egypt! Egyptian archaeologists said that access was actually restricted. But the videos MrBeast put on TikTok and YouTube have gotten hundreds of millions of views. The influencer ooze and oz over ancient murals and architecture. This attention from someone with nearly 400 million followers, more than anyone else on YouTube, may help a country hoping to boost tourism with its new Grand Egyptian Museum opening this summer. Neta Ulibi, NPR News. It's NPR.

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