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CNN 5 Things

China hits back again, biggest tariff losers, egg prices investigated & more

CNN 5 Things

CNN

Daily News, News

4.31.2K Ratings

🗓️ 9 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

China has introduced more tariffs on US imports in retaliation to President Donald Trump’s duties. We’ll tell you who economists say are the biggest losers from trade wars. America’s largest egg producer is being investigated over prices. USAID has made a funding U-turn after a dire warning. Plus, a judge says it's unconstitutional to ban the Associated Press from some reporting events.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:02.4

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0:05.3

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0:07.3

Named best Easter lamb 2025 by the Good Housekeeping Institute,

0:10.9

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0:14.8

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0:17.3

Down from £11.36 per kilo to just £5,68. For more great offers, make Asda

0:22.7

your one-hot Easter shop. That's Asda price. Selected stores and line subject to availability,

0:27.7

offer ends 20th of April, excludes Azure Express. Hello from CNN, I'm Joe Beck. With the five

0:34.8

things you need to know for Wednesday, April 9th.

0:38.1

The US has slapped more tariffs on dozens of adversaries and allies, and China is hitting straight back.

0:46.5

Beijing is now subject to a minimum 104% duty on goods coming into America,

0:52.6

and today it's announced that it's adding an 84% tariff on

0:56.8

imports of U.S. goods into China. We asked CNN's Mark Stewart for the details from Beijing.

1:03.1

Hey, Joe, the announcement came during the dinner hour here in Beijing, about two and a half hours

1:08.0

before the market open in New York, China has been defined.

1:11.6

It said it was going to fight back to the end and that it has the economic strength to fight the storm.

1:16.6

As far as a meeting between the U.S. and China, that lingering question.

1:20.6

On Tuesday, Beijing felt the U.S. wasn't showing a genuine willingness for having meaningful dialogue.

1:28.3

Other U.S. trading partners now face tariffs of up to 50%.

1:32.3

Stocks in Europe and Asia were mostly lower after they took effect overnight,

1:37.3

as fears of a global recession are growing.

...

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