NPR News Now - NPR News: 04-10-2025 5AM EDT

Episode Date: April 10, 2025

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Starting point is 00:00:00 This message comes from Mint Mobile. Mint Mobile took what's wrong with wireless and made it right. They offer premium wireless plans for less and all plans include high-speed data, unlimited talk and text, and nationwide coverage. See for yourself at mintmobile.com slash switch. Live from NPR News in Washington, I'm Janene Herbst. President Trump's 90-day pause yesterday on his terror of hikes on most countries except China sent Wall Street soaring, with the Dow up 7.8 percent, the Nasdaq up 12 percent, and the S&P 500 up 9.5 percent by the close. We don't want to hurt countries that don't need to be hurt.
Starting point is 00:00:37 And they all want to negotiate. The only problem is, you know, you can only do so many at one time. It's like, it's, uh, we want to do it right. We want to get it right. But for China, one of the U.S.'s biggest trading partners, Trump announced he would raise tariffs on Chinese imports to 125% immediately. This after Beijing announced a new round of tariffs at 84% on U.S. imports, which are now in effect. Meanwhile, the head of the Bank of France calls Trump's temporary suspension of tariffs, quote, the beginning of a return to economic reason.
Starting point is 00:01:09 And here's Eleanor Beardsley reports, tariffs on European goods have now been lowered from 20% to 10%, at least for the next three months. Trump's about face on tariffs came several hours after the EU unveiled its own list of American products to tax, which included poultry, wood and fruit. European leaders say they do not want a trade war with the U.S., they want to negotiate, but their 450 million strong open market, they say, but with their 450 million strong open market, they say they won't back down either.
Starting point is 00:01:42 Leah de Moutte was enjoying a glass of wine at a sidewalk cafe. She says no one can understand Trump's erratic behavior. The EU is also struggling with Trump's unpredictability when it comes to staying in NATO and supporting Ukraine. Eleanor Beardsley, NPR News, Paris. President Trump signed another executive order aimed at state climate laws that he says are impeding his efforts to promote domestic energy production. From Vermont Public Radio, Abigail Giles has more. The new order targets state laws that support environmental justice or disincentivize climate
Starting point is 00:02:22 warming carbon pollution. It directs the U.S. Attorney General to review state energy policies for things that could be unconstitutional. The order explicitly condemns a first in the nation Vermont law modeled after the federal Superfund program that allows the state to seek climate damages from major fossil fuel companies. Vermont's Attorney General Charity Clark says the order has no legal teeth and amounts to political grandstanding. This is another example of the president trying to undermine state sovereignty. The executive order directs the Justice Department to prevent states from enforcing these climate policies and report back on its progress in 60 days.
Starting point is 00:03:00 For NPR News, I'm Abigail Giles. In world financial markets, Asia markets higher by the close. The Nikkei in Japan up 9 percent. The Hang Seng in Hong Kong up nearly 2 percent. You're listening to NPR News from Washington. The death toll in the roof collapse at a nightclub in the Dominican Republic has grown to at least 184. At least 145 were rescued from the building and around two dozen remain hospitalized. Rescue crews are continuing to search for
Starting point is 00:03:31 survivors as dozens of people search for their loved ones. The club was packed with musicians, professional athletes and others when dust started falling from the ceiling. Minutes later the roof collapsed. It's not clear when the building was last inspected and the cause of the collapse is under investigation. Chad GPT maker OpenAI is countersuing Elon Musk, claiming the billionaire is engaged in a pattern of harassment. As MPR's Bobbi Allen reports, it follows Musk's own lawsuit against the AI company for putting profits over public good. Lawyers for OpenAI are asking a federal judge to stop Musk's attacks against the leading AI firm, saying he has made it his project to take down OpenAI. The bitter feud between Musk and OpenAI
Starting point is 00:04:15 has been long running. Musk was a co-founder of OpenAI, but split away from the company before it unveiled ChatGPT in late 2022. Musk has since launched a competing firm called XAI. In recent months, Musk has sued OpenAI, saying it abandoned its nonprofit mission and misled early investors. And in February, Musk submitted an unsolicited bid to take over OpenAI, which the company dismissed as an unserious publicity grab. Bobby Allen, NPR News. And after a historic rally on Wall Street yesterday, U.S. futures contracts this morning aren't trading lower. Dow futures down about 1.6%. I'm Janene Herbst, NPR News in Washington.
Starting point is 00:04:55 Cell phones, cars, coffee. How do these goods make their way to us from overseas? And what will President Trump's tariffs mean for their price tags? Join the 1A podcast as we explore supply chains and costs associated with some of your favorite products. It's our series, How Did This Get Here, every Wednesday. Listen to the 1A Podcast from NPR and WAMU.

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