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Chapter 1: What are the latest financial market changes reported by NPR?
Live from NPR News in Washington, I'm Janine Herbst. World financial markets dropped sharply this week, and Wall Street had its worst week in five years after President Trump said he's imposing a new round of 10 percent tariffs on products from nearly all countries that took effect today. Other countries could get additional higher tariffs, and Trump implemented 25 percent tariffs on autos.
Chapter 2: How is China responding to new U.S. tariffs?
In response, China says it's imposing a 34 percent tax on U.S. goods starting next week. And Pierce Ron Elving reports Trump thinks it will be worth it in the long run.
They say the retaliation we're seeing from China and elsewhere will be transitory. They say our trading partners will knuckle under and lower their own tariffs. And most important, they say American companies will bring home the jobs that they've shifted overseas and that other countries will shift their manufacturing to the U.S., creating jobs here rather than in their own countries.
Chapter 3: What is the U.S. Senate's new spending blueprint?
In Paris, Ron Elving reporting. The Republican-led Senate approved a blueprint for trillions of dollars in spending for tax, defense, and immigration policy. NPR's Claudia Grisales reports the House takes it up next, but there are political hurdles.
Congressional Republicans are racing to enact key elements of President Trump's domestic policy. But Senate and House lawmakers already face some major divides on what that final multi-trillion dollar measure should look like. It reimagines defense, energy, immigration and tax policy spending, including plans to extend tax cuts passed during Trump's first term and lifting the U.S.
debt limit by $5 trillion to avert a potential breach this summer. But House Republican fiscal hawks say the Senate blueprint does not reduce enough of the federal deficit, with some saying it's time to cut into Medicaid. Claudia Rosales, NPR News.
Chapter 4: What protests are happening across the U.S. and why?
In cities across the country today, thousands demonstrated in protest of actions by Trump and billionaire and White House advisor Elon Musk. In Cincinnati, many chanted and carried signs amid the rain. Bill Reinhart with Member Station WVXU has more.
The hands-off movement is protesting a wide range of activities from the Trump administration, from cuts and layoffs to federal departments to mass deportations. Randy Warpaul of Alexandria, Kentucky, says he's a retired federal worker standing with those whose jobs are threatened. He says there is waste and inefficiency in the government, but that severe cuts are not the way to deal with it.
I worked for 30 years in the military and then in federal service, and I did not ever meet anyone who was not committed to serving the public.
Warpaul says cuts for efficiency should be done surgically and thoughtfully, not by one person, referring to Trump advisor Elon Musk. For NPR News, I'm Bill Reinhart in Cincinnati.
You're listening to NPR News in Washington. A beloved ski lift in Colorado is set to be retired tomorrow. The Segundo is one of the oldest in the state, and it was first installed in Aspen in 1954. It was moved down the mountain to near Glenwood Springs in the 70s. The two-seater lift has carried movie stars including John Wayne and Gary Cooper, but a new triple-seater will greet skiers this fall.
Southern food's being recognized by one of the biggest names in the international culinary world. Matt Bloom with member station WWNO reports, Michelin says it will create a new regional guide for the southern U.S.
The New Southern Guide First published in France, Michelin has been advising diners for over a century. A list of finalists in the U.S. South is expected later this year. For NPR News, I'm Matt Bloom in New Orleans.
The Women's College Basketball Championship between the Connecticut Huskies and South Carolina Gamecocks takes place tomorrow afternoon. For the men, the Final Four are playing tonight for a chance to go to the championship game for them on Monday. Florida plays Auburn this hour, and then Houston and Duke play at 849 Eastern. I'm Janine Herbst, NPR News in Washington.
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