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CNN 5 Things

China’s tariff retaliation, March jobs report, remote tribe arrest & more

CNN 5 Things

CNN

Daily News, News

4.31.2K Ratings

🗓️ 4 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

China is introducing a 34% tariff on all US imports starting April 10th. The latest jobs report for March is out. Israel has expanded its ground offensive in Gaza. TikTok is once again running out of time to find a US buyer before tomorrow’s deadline. Plus, a US tourist has been arrested for allegedly trying to contact one of the world’s most isolated tribes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hello from CNN. I'm Joe Beck, with the five things you need to know for Friday, April 4th.

0:08.0

China is introducing a 34% tariff on all U.S. imports from April 10th.

0:15.0

The country is making good on its promise to strike back against President Donald Trump's duties.

0:20.0

It'll be a dollar-for-dollar match on the extra Chinese tariffs announced by Trump on Wednesday,

0:25.9

which took the total to 54%.

0:29.1

The move is set to cause a major reset of relations and worsen trade tensions between

0:34.4

the world's two largest economies.

0:37.0

We asked CNN's Mark Stewart for the latest from Beijing.

0:40.3

Hi there, Joe, China said it would fight back, and it is on a Friday evening here in Beijing.

0:46.8

These additional tariffs are broad, but will really hurt American farmers and the agriculture

0:52.2

industry, as China depends on the U.S. for soybeans.

0:56.0

Already they've been facing tariffs.

0:58.0

This comes at a time when China is also trying to portray itself as a stable force on the global stage.

1:03.0

We heard some remarks from a Chinese official during a visit to Hungary that are getting some attention.

1:09.0

Saying in part China is willing to work with the EU to oppose protectionism and bullying.

1:15.6

The US economy added a stronger than expected 228,000 jobs in March.

1:21.6

That's a jump from February's 117,000, but the unemployment rate ticked up by 0.1% to 4.2.

1:30.6

Economists had been expecting job growth to slow, but the report from the Bureau of Labor Statistics

1:36.1

shows another solid month of gains that continues the historic expansion of the worker markets.

1:42.2

It's not clear what impact tariffs and possible trade wars could have, though, with uncertainty

1:47.2

on the rise.

1:49.0

Israel is expanding its ground operations in northern Gaza.

...

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