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CNN 5 Things

USAID office closed, Trump’s Panama threat, Oscar nominee won’t drop out & more

CNN 5 Things

CNN

Daily News, News

3.71.3K Ratings

🗓️ 3 February 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

The main office of the US Agency for International Development in Washington was unexpectedly closed this morning. Tariffs are coming tomorrow, we’ll tell you what Americans think about them. President Donald Trump is making threats about the Panama Canal. The sexual assault trial in underway for former Spanish football executive Luis Rubiales. Plus, we’ll tell you which Oscar nominee is refusing to drop out of the race. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:31.3

Hello from CNN. I'm Joe Beck, with the five things you need to know for Monday, February 3rd.

0:37.8

The main office of the U.S. Agency for International Development in Washington was unexpectedly closed

0:44.5

this morning.

0:45.9

Sources say workers were emailed shortly after midnight that they shouldn't come in.

0:50.7

It comes after days of speculation over USAID's future, as its funding was frozen and dozens

0:57.6

of employees were put on leave.

1:00.1

And this is just the latest ominous sign for the International Aid Agency, which has been

1:04.5

criticized by President Donald Trump and Elon Musk.

1:08.7

And in an ex-spaces conversation,

1:14.5

Musk said Trump agrees that the agency needs to be shut down.

1:21.3

As we dug into USAID, it became apparent that what we have here is not an apple with a worm in it,

1:24.0

but we have actually just a bowl of worms.

1:29.4

The agency was created by Congress as an independent body, but Trump and his allies have accused it of being overly partisan and favorable to Democrats.

1:35.2

U.S. stock market futures have taken a plunge, as Trump's incoming tariffs spark fears

1:40.4

of a trade war.

1:42.3

Tariffs on Canada, Mexico and China are set to come into effect tomorrow,

1:46.8

and Trump's also threatening additional taxes on the European Union. Canada and Mexico both

...

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