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Thank you. It's Wednesday, the night of April.

Welcome to the PDB afternoon bulletin.

I'm Mike Baker, your eyes and ears on the world stage.

All right.

Let's get briefed.

First up, Trump pumps the brakes on his global trade war,

announcing a 90-day pause on most of his reciprocal tariffs. Not so fast, China. The White House is not granting China a reprieve. Quite the opposite. The U.S. is hiking their tariff to an eye-watering

125%. Later in the show... the U.S. is hiking their tariff to an eye-watering 125 percent.

Later in the show, we're learning that the Biden administration concealed a congressionally mandated

report, revealing that several U.S. military service members contracted COVID-19 in Wuhan, China

in October of 2019, contradicting the Biden administration's

public claims about when the virus started circulating. But first, today's afternoon spotlight.

The markets are breathing a sigh of relief today as President Trump announced a 90-day pause

on his reciprocal tariffs, opting instead to only

implement his 10% baseline tariff on all global imports. The notable exception here is, of course,

China. Trump had already imposed a 104% trade tax on Chinese imports, which took effect at midnight,

...