NPR News Now - NPR News: 05-29-2025 5PM EDT

Episode Date: May 29, 2025

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As NPR's daily economics podcast, the indicator has been asking businesses how tariffs are affecting their bottom line. I paid 800,000 today. You paid $800,000 in tariffs today. Yes. Wow. And what that means for your bottom line. Listen to the indicator from Planet Money.

Find us wherever you get your podcasts. Live from NPR News in Washington, I'm Jack Spear. A federal appeals court has temporarily restored President Trump's ability to impose sweeping new tariffs. NPR's Franco Ordonez reports it puts on hold next week's last night's ruling that Trump was exceeding his authority. Patrick O'Brien The U.S. Court of Appeals for the Federal District

has granted the Trump administration's request to temporarily pause the New York-based Court of International Trade ruling that struck down many of Trump's terrorists. The court offered no reasoning for the decision, but paused the original ruling while the legal proceedings play out. This latest development is likely only to increase uncertainty about Trump's trade agenda. White House press secretary Caroline Levitt defended the administration. Ultimately, the Supreme Court must put an end to this for the sake of our Constitution and our country.

She said the U.S. cannot function if the president is hindered by, in her words, activist judges. Franco Ordonez and PRarnes, the White House. The White House is saying today Israel has accepted a new U.S. proposal for a temporary ceasefire with Hamas. Though at this point nothing has come officially from Israel and the militant group appears to be reacting coolly to the reported deal. White House press secretary Caroline Levitz said special envoy Steve Witkoff and President Trump submitted a proposal. Israel has backed and supported.

Hamas has indicated it wants to further study the proposal though. Israeli Prime Minister Benjamin Netanyahu has called for the release of all hostages while Hamas says it wants more prisoner releases, a lasting ceasefire and an Israeli withdrawal from Gaza. Two victories in federal court today for Harvard. One a temporary block on President Trump's effort to prevent Harvard from enrolling any international students and the other a different federal judge in Boston has also blocked an attempt to cap international student enrollment

at the school. Barers Windsor-Johnson reports on concerns raised about what's at stake for the economy and innovation sectors. International students make up a significant portion of programs in computer science and engineering at US universities. Take for example a South African named Elon Musk who came to the US to study at UPenn and Stanford. Indeed many go on to launch startups, conduct groundbreaking research, or work in biotech. Miriam Feldblum studies global education and immigration. She says these students generate significant revenue for schools and...

Given that most American students don't go and study abroad, welcoming international students on campus enables more American students to better prepare for the global world. Feldblum says without international students, both enrollment and research output could suffer. Windsor-Johnston NPR News. A rally that got underway this morning overseas lost some steam later in the U.S. as confusion continues over the Trump administration's tariffs. Still all the major U.S. indexes closed higher today. The Dow was up 117 points.

You're listening to NPR. Kenyan author Gugiwadi Ongo was a critic of British colonial rule. He was also a staunch advocate for local African languages and became a major figure in African literature. He died yesterday at the age of 87. NPR's Andrew Limbong has this remembrance. Gugiwati Ongo has dozens of books under his belt, novels, criticism, poetry, memoir, and more. And while he was critical of British colonial rule, it was a play he co-wrote in his mother tongue that was critical of the independent Kenyan government that landed him a year-long stay in prison in 1977.

And that contradiction was so strong, and the questions that it raised became very, very important to me. This is him talking to NPR in 2019. And I realized the oppressor always, the first thing they do is take away the language of the oppressed. Gugi Wationgo was recognized all across the world and was a perennial contender from the Nobel Prize in Literature. Andrew Limbong, NPR News. Most of the Swiss Alpine village has been destroyed after a large mass of rock and ice from a huge glacier Thunder down a mountainside there authorities say the dirt mud and debris covered up to 90% of the village Which has been mostly evacuated due to warnings still police say one person is missing following the incident

Scientists say global warming has accelerated the retreat of glaciers in Switzerland the The landslide from the glacier also blocked a river there, raising fears of flooding. Critical futures prices lost ground today as investors continue to try to figure out the dynamics of the shifting global economic environment. Oil down 90 cents a barrel to 60.94 a barrel in New York. I'm Jack Spear, NPR News in Washington.