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The Excerpt

Trump announces 10% tariff on all imports

The Excerpt

USA TODAY

Daily News, News

4.41.2K Ratings

🗓️ 3 April 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

USA TODAY White House Correspondent Francesca Chambers takes a look at President Donald Trump's Wednesday tariff announcement.

51 senators voted to end Trump's tariff on Canadian goods in a bipartisan rebuke of the administration's trade policy.

A federal judge on Wednesday dismissed the corruption case against New York City Mayor Eric Adams.

USA TODAY Supreme Court Correspondent Maureen Groppe breaks down the high court's decision against makers of flavored vapes that are popular with teenagers.

Police who started a cold case podcast found a woman's remains after 42 years.

Let us know what you think of this episode by sending an email to [email protected].


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Transcript

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0:00.0

Good morning. I'm Taylor Wilson. Today is Thursday, April 3, 2025. This is the excerpt.

0:14.1

Today, a look at Trump's long-anticipated tariff announcement. Plus, the Supreme Court weighs in on

0:19.0

flavored vapes that are popular with

0:20.9

teenagers. And police who started a cold case podcast have found a woman's remains after 42 years.

0:29.1

President Donald Trump yesterday announced sweeping 10% tariffs on imports from all countries

0:34.0

and additional duties targeting around 60 nations, fulfilling a pledge to retaliate

0:38.8

against countries he said have treated the U.S. unfairly.

0:41.8

April 2nd, 2025 will forever be remembered as the day American industry was reborn, the day

0:50.2

America's destiny was reclaimed, and the day that we began to make America wealthy again.

0:58.7

I caught up with USA Today White House correspondent Francesca Chambers.

1:02.3

Del put the moves in context.

1:04.4

Hello, Francesco.

1:05.5

Hey, Taylor. Thanks for having me.

1:07.3

Thanks for hopping on. Big day. So, you know, this date was circled for weeks.

1:10.8

Did these tariff

1:11.4

moves yesterday play out as expected? What did President Donald Trump formally announced?

1:16.1

For weeks, Taylor, there's been speculation about what would eventually be in President Donald

1:21.5

Trump's reciprocal tariffs. And in the end, he decided to go with a 10% baseline tariff on every nation as well as a reciprocal tariff on certain nations.

1:34.1

Now, what does that actually mean?

1:36.3

There are certain nations where he said that the trade barriers and the non-tariff barriers were so high on the United States that he felt that he needed to put

1:45.8

additional duties on those countries. They include Cambodia, China, Venezuela. They all ended up

1:54.3

with tariffs that were above that 10% rate. As for how this has landed stateside this week,

...

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