Tariffs paused, more USAID cuts, the value of pets & more

CNN 5 Things

CNN

Daily News, News

4.3 • 1.2K Ratings

🗓️ 9 April 2025

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Donald Trump has authorized a 90-day pause on new tariffs on all except one US trading partner. USAID’s shakeup continues overseas. There’s more changes being made at the DC airport where a deadly mid-air collision took place. We have the latest on Israel’s military campaign in Gaza. Plus, why a pet might boost your wellbeing as much as a partner. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:31.3	From CNN, I'm a Falma D-K, with the five things you need to know for Wednesday, April
0:36.6	night.
0:42.7	President Donald Trump announced a 90-day pause on the new tariffs that went into effect at midnight, with the exception of China.
0:45.8	It's a stunning reversal considering that Trump had insisted that high tariffs were here to
0:50.2	stay.
0:51.1	But now Trump says tariffs against China will increase from 104% to 125% after China
0:58.3	announced more retaliatory tariffs against the U.S. earlier today. Treasury Secretary Scott
1:04.0	Besson told reporters the pause was part of Trump's strategy all along.
1:08.0	There was a president's decision to wait until today.
1:11.5	And again, as I've said in the past, no one craves leverage for himself like President
1:17.1	Trump.
1:18.3	Stocks rallied sharply after the news, with the Dow surging 2200 points or 5.9%.
1:25.5	The USAID has told all its foreign workforce that they'll be laid off by mid-August.
1:30.7	That's according to an internal email seen by CNN.
1:33.9	The move comes as the Trump administration tries to fully abolish the U.S.'s independent
1:38.8	humanitarian agency and transfer some of its work to the U.S. State Department.
1:44.4	Non-U.S. citizen employees make up more than 40% of the USAID workforce.
	...

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