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The 7

Trump’s tariffs and pardons; Chinese student visas; Elon Musk; and more

The 7

The Washington Post

Daily News, News

4.61.1K Ratings

🗓️ 29 May 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Thursday, May 29. The seven stories you need to know today.


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Transcript

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0:00.0

There's another twist in the saga of President Trump's tariffs.

0:08.4

That's where we're starting The Seven from the Washington Post.

0:11.8

I'm Hannah Jewell.

0:12.9

It's Thursday, May 29th.

0:15.1

Let's get you caught up with today's seven stories.

0:26.0

We haven't kicked things off with tariff talk in a while, so here's a refresher. Back on April 2nd, Trump declared what he called Liberation Day. He announced a flurry

0:33.6

of import taxes on pretty much the entire rest of the world. It sent U.S. stocks, bonds,

0:39.8

and the dollar spiraling downward. Since then, the administration has been negotiating with more

0:46.0

than a dozen nations over new trade deals. But here's the latest twist. Yesterday, a federal

0:53.1

trade court in New York blocked most of Trump's

0:56.3

Liberation Day tariffs. The little-known court of international trade ruled that Trump exceeded

1:02.7

his authority in imposing tariffs on all imported goods. The court also rejected separate tariffs

1:09.5

on Mexican, Canadian, and Chinese goods.

1:13.0

The ruling has upended ongoing trade negotiations, and it created fresh uncertainty for countless

1:19.5

American businesses that depend on foreign suppliers. But it may not last for long.

1:25.7

The Trump administration is certain to appeal the decision

1:28.7

and could seek an emergency stay.

1:31.8

That would reinstate the tariffs at least temporarily.

1:40.8

Number two, the U.S. plans to aggressively revoke the visas of Chinese students.

1:48.4

Secretary of State Marco Rubio made this announcement yesterday.

1:53.0

He said the State Department will work with the Department of Homeland Security to crack down on Chinese holders of student visas.

2:01.2

He also said the agency will ramp up scrutiny of new visa applicants from China and Hong Kong.

...

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