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Reuters World News

State of the Union, tariffs, Guthrie and AI

25 Feb 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

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Hi, I'm Kim Vennell in Whanganui, New Zealand. It's Wednesday, February 25th. Today, Donald Trump gives his State of the Union address, heralding his wins and handing out awards in showman style. Officials play catch-up on tariffs and companies demand refunds after the Supreme Court ruling. And OpenAI promises to do more as Canada demands action after the Tumbler Ridge mass shooting.

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This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week.

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Chapter 2: What are the highlights of Trump's State of the Union address?

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Our nation is back. Bigger, better, richer and stronger than ever before. President Donald Trump using his State of the Union speech to tout his economic record, his crackdown on immigration, and foreign policy moves.

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And America's armed forces overwhelm all defenses and utterly defeated an enemy, good fighters, to end the reign of outlaw dictator Nicolas Maduro and bring him to face American justice. During the course of his one-hour, 47-minute speech, the longest in recent history, Trump also brought out the men's Olympic hockey team, fresh from their gold medal win in Italy.

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Here with us tonight is a group of winners who just made the entire nation proud. Announcing he plans to award the Presidential Medal of Freedom to goalie Conor Halibook. As Trump spoke, Republicans gave standing ovations regularly, while Democrats, for the most part, sat stony-faced, listening as they were blamed for a number of issues facing the country.

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So what should we take away from the address? White House correspondent Bo Erickson in Washington, D.C., has more.

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Chapter 3: What confusion surrounds Trump's new tariff policy?

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President Trump really mixed patriotism and politics in the State of the Union address. The first part was actually quite apolitical, but then the speech turned into almost a campaign rally in both length and tenor. This year is an election year in the United States with the midterm elections, which will decide who controls Congress in November. And the strongest candidate

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rebuke he was having for Democrats is really on the issue of immigration. In the last few weeks, President Trump and his administration has really tried to get that message back on track after the lethal shootings of Americans, citizens by U.S. federal agents, specifically in Minnesota. So the president was really using gory images to

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trying to make the point that there are undocumented people in the country that are murdering Americans. And he was trying to put some pressure on Democrats, basically alleging that they do not care about these people and so therefore they should support his policies. It was all delivered, Beau says, in Trump's signature style. Trump has long been credited with being a showman in life.

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And at times in his speech, he was like almost like a ringmaster. He was bringing people out, doing these reveals through the doors of the U.S. House chamber, whether that be the U.S. men's hockey team who came out to applause or bringing out people to receive military awards. There is this production value that we haven't quite seen from presidents before him.

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Several Democrats opted to skip Trump's speech and instead went to an event dubbed the People's State of the Union. Others went to a different counter-event called the State of the Swamp, where actor Robert De Niro addressed the crowd, including activists dressed as frogs.

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Before beginning his speech, Trump made a symbolic gesture by stopping to shake the hands of four Supreme Court justices who, just days earlier, struck down his sweeping tariff program. In the speech itself, he called the court's decision unfortunate, but said it won't impact much. For some countries, however, confusion reigns.

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Last Friday, Trump said he'd impose new tariffs of 10%, then said it would be 15%. But when they went into effect on Tuesday, it was back at the original 10% rate. Economics reporter David Lauder in Washington says that's probably only short term. On Tuesday, we called the White House and asked them about this.

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Did the president have a change of heart or does he intend to ultimately raise the tariffs to 15 percent? And the answer is basically, yes, that they're working on changing it to 15 percent. So it seems to be a case where the legal apparatus and the president's staff is catching up to what the president had to say.

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While companies and countries are catching up to these new tariffs, they're also eyeing possible refunds of the previous duties now deemed illegal. The French cosmetics company L'Oreal, the British vacuum company Dyson, and the American tire maker Goodyear all filed suit on Tuesday to preserve their right to a refund. So there's like about 1,400 companies...

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