NBC Nightly News with Lester Holt cover image

NBC Nightly News with Lester Holt

Wednesday, April 2, 2025

Apr 3, 2025
The podcast explores the impact of new tariffs and how they affect American businesses and consumers amidst looming tornadoes in Memphis. It also covers the latest in political developments, including Republican wins in Florida and the FAA's oversight updates. A harrowing story highlights the dangers of misinformation and its emotional toll on a college student. Additionally, discussions on potential buyers for TikTok emerge, alongside a celebration of artist Amy Sherald's significant contributions to Black American representation.
18:44

Podcast summary created with Snipd AI

Quick takeaways

  • President Trump's new tariffs could raise consumer prices significantly, particularly impacting the automobile market with a 25% levy on cars.
  • Severe weather threats from a powerful storm system are affecting millions, prompting emergency responses and potential deployment of National Guard units.

Deep dives

Tariffs and Trade War Impacts

President Trump has announced sweeping new tariffs aimed at various countries, which he describes as foreign cheaters and scavengers, imposing a baseline 10% levy on all American trading partners. These tariffs could significantly increase prices for American consumers, with estimates suggesting that costs may rise by thousands of dollars on imported goods, particularly automobiles. For example, the tariff on cars is set at 25%, which could drastically impact prices for both new and used vehicles. Trump's administration claims these actions are meant to revitalize American industries by encouraging domestic production, but many economists warn of potential retaliation from affected countries, further destabilizing international trade.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode