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Good morning. I'm Taylor Wilson.

And today is Wednesday, April 9th, 2025. This is the excerpt.

Today, tariffs are here. Plus, the Supreme Court weighs in on fired federal employees, and the Trump administration has revoked hundreds of international student visas nationwide.

President Donald Trump's reciprocal tariffs on dozens of countries took effect earlier today.

That includes massive 104% duties on Chinese goods and a 20% tariff on the European Union.

Top Chinese brokerages have pledged to work together to help steady domestic share

prices in response to tariff-induced turmoil. Nearly three-quarters of Americans expect the

prices of everyday items to rise in the next six months, according to a new Reuters Ipsos poll.

An economist have warned that U.S. consumers will likely face higher prices on a range of products.

The Trump administration has

scheduled talks with South Korea and Japan, and Italy's prime minister is due to visit next week.

The deputy prime minister of Vietnam is set to speak with the U.S. Treasury Secretary later today.

Markets around the world continue to get slammed amid tariff news, a sell-off across Asian markets resumed today.

The Supreme Court has blocked a judge's order for the Trump administration to rehire thousands

of federal employees.

I spoke with USA Today, Justice Department correspondent Aisha Boggi to put the decision in context.

Thanks for hopping on, Aisha. Thanks, Taylor. I'm happy to be here.

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