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NPR News Now

NPR News: 03-05-2025 4PM EST

NPR News Now

NPR

News, Daily News

4.214.3K Ratings

🗓️ 5 March 2025

⏱️ 5 minutes

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NPR News: 03-05-2025 4PM EST

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Transcript

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0:00.0

There's a lot of news happening.

0:02.3

You want to understand it better, but let's be honest, you don't want it to be your entire life either.

0:06.9

Well, that's sort of like our show, here and now anytime.

0:09.8

Every weekday on our podcast, we talk to people all over the country about everything from political analysis to climate resilience, video games.

0:17.2

We even talk about dumpster diving on this show.

0:19.7

Check out Here and now anytime, a daily

0:21.6

podcast from NPR and WBUR. Live from NPR News in Washington, I'm Lakshmi Singh.

0:29.5

U.S. automakers are breathing a sigh of relief after President Trump said he would give them

0:34.3

a tariff's reprieve. Wall Street investors are apparently relieved as well.

0:39.3

The Dow is up 485 points or more than 1%. At 43,06, the SMP and the NASDAQ are also closing up

0:47.0

1% to nearly 1.5%. And peers, Maria Aspen, has more.

0:52.0

President Trump is giving U.S. car companies one more month without his new tariffs.

0:57.0

He's imposed 25% taxes on goods imported from Mexico and Canada,

1:01.8

but he told the big three automakers that they will be exempt until April 2nd.

1:06.2

The U.S. auto industry has been vocally opposed to Trump's tariffs.

1:10.6

Car companies warn that they will

1:12.0

create major disruptions to their North American supply chains. And analysts say the end result will be

1:18.0

much higher prices for consumers. Shares of Ford, GM, and other car companies rose after plunging

1:24.6

earlier this week. However, the reprieve is still only temporary. According to

1:29.8

the White House, Trump also warned automakers that they would need to start moving production to

1:34.4

the United States. Maria Aspen and PR News, New York. Millions of federal workers are still weighing

1:40.8

how to respond to a second email sent over the week and asking them to justify their jobs.

...

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