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The NewsWorthy

Trump’s Tariff Pause, Tourism Drops & ‘Gatsby’ Turns 100 - Thursday, April 10, 2025

The NewsWorthy

Erica Mandy

Entertainment, Politics, News, Overview, Thenewsworthy, Daily, Business, Tech, Newsworthy, Summary, Daily News, Roundup, Society & Culture

3.91.3K Ratings

🗓️ 10 April 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

The news to know for Thursday, April 10, 2025!

We’re talking about President Trump putting a pause on some tariffs, after all—sending the stock market into a historic rally.

Also, what’s at stake now that millions more federal dollars meant for universities have been frozen, and how Trump is trying to quote “make showers great again.”

Plus, why fewer tourists are visiting America, what to expect from the biggest golf event of the year, and which classic novel turns 100 years old.

Those stories and even more news to know in about 10 minutes! 

 

Join us every Mon-Fri for more daily news roundups! 

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Transcript

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0:00.0

Today is Thursday, April 10th. We're talking about President Trump putting a pause on some tariffs after all,

0:05.6

sending the stock market into a historic rally. Also, what's at stake now that millions more federal

0:10.5

dollars meant for universities have been frozen? And how Trump is trying to, quote,

0:15.0

make America's showers great again. Plus, why fewer tourists are visiting America, what to expect

0:20.7

from the biggest

0:21.3

golf event of the year, and which classic novel turns 100 years old. Those stories and even more

0:27.1

news to know next. Welcome, welcome to The Newsworthy. All the day's news in around 10 minutes.

0:34.8

Fast, fair, fun, and on the go. I'm Erica Mandy. Thanks so much for being here.

0:39.9

You're ready? Let's do this. Just hours after steep sanctions went into effect, President Trump

0:48.6

changed his mind. Well, about some of them, anyway. That 10% baseline tariff on virtually all imports is staying in effect.

0:56.0

It's the higher so-called reciprocal rates on nearly 100 countries that are now on hold.

1:01.7

Trump says he decided to hold off because of growing concern about the economy.

1:05.6

And now this opens up a 90-day rush for trading partners to offer Trump deals to reduce their tariffs

1:10.6

to something the

1:11.5

president considers to be more fair or come up with some other kind of incentive for the U.S.

1:16.1

But he's not backing down on China. In fact, Trump raised the tariffs on Chinese imports to

1:21.1

125 percent effective immediately. Of course, that impacts tons of products from toys to sneakers to iPhones.

1:28.3

And goods from Canada and Mexico, not covered under a current trade agreement, still have a 25% tariff.

1:34.3

Plus, there are separate tariffs on imported vehicles, steel, and aluminum.

1:38.3

And the Trump administration says it's still working on tariffs on items like lumber and pharmaceuticals.

1:43.3

Meanwhile, other

1:45.1

trade partners are responding with tariffs of their own. Just yesterday, China hiked tariffs on

...

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