President Trump discusses tariff reversal and signs executive order in the Oval Office — 4/9/25

President Trump discusses tariff reversal and signs executive order in the Oval Office on Wednesday.

Trump has dramatically reversed course, dropping his country-specific tariffs down to a universal 10% rate for all trade partners except China. China’s tariff rate will jump to 125%, effective immediately, the White House says.

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President Trump discusses tariff reversal and signs executive order in the Oval Office — 4/9/25